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Yonkers Corner Commercial Lot (107 x 100) 416 Riverdale Ave 1,495 SF Retail Building Yonkers, NY 10705 $2,755,000 CAD ($1,842.81 CAD/SF)
Executive Summary
416 Riverdale Avenue offers a rare development opportunity on a 10,700-square-foot vacant corner lot at the signalized intersection of Riverdale Avenue and Radford
Street. Featuring 107 feet of prime frontage along a primary north-south arterial, the site mirrors the visibility of nearby national retailers. Crucially, the property has
completed environmental remediation and holds a 'No Further Action' (NFA) Letter from the NYS DEC.
Zoned BR (Restricted Business) with a Floor Area Ratio (FAR) of 1.25, the site allows a maximum buildable area of 13,375 square feet. This zoning supports essential services,
positioning the asset for medical office or retail development where prime street-frontage rents reach $35 per square foot. With a lack of modern Class A space in South Yonkers, the site enables new construction specifications that outperform the retrofit limitations of
adjacent vintage inventory.
416 Riverdale Avenue offers a shovel-ready project in a revitalizing corridor anchored by the Ludlow Transit Village initiative and the College of Mount Saint Vincent. The property combines high-traffic visibility with a simple site footprint, capitalizing on demand from a dense population of over 40,000 residents.
Street. Featuring 107 feet of prime frontage along a primary north-south arterial, the site mirrors the visibility of nearby national retailers. Crucially, the property has
completed environmental remediation and holds a 'No Further Action' (NFA) Letter from the NYS DEC.
Zoned BR (Restricted Business) with a Floor Area Ratio (FAR) of 1.25, the site allows a maximum buildable area of 13,375 square feet. This zoning supports essential services,
positioning the asset for medical office or retail development where prime street-frontage rents reach $35 per square foot. With a lack of modern Class A space in South Yonkers, the site enables new construction specifications that outperform the retrofit limitations of
adjacent vintage inventory.
416 Riverdale Avenue offers a shovel-ready project in a revitalizing corridor anchored by the Ludlow Transit Village initiative and the College of Mount Saint Vincent. The property combines high-traffic visibility with a simple site footprint, capitalizing on demand from a dense population of over 40,000 residents.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,495 SF
Building Class
C
Year Built
1950
Price
$2,755,000 CAD
Price Per SF
$1,842.81 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.25 AC
Zoning
BR - Lot is 107 Ft on Riverdale Ave and 102 Ft on Radford St. Zoned BUSINESS
Frontage
107’ on Riverdale Ave
Amenities
- Bus Line
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1800-001-000-00132-000-0023-26 | Improvements Assessment | $418 CAD |
| Land Assessment | $5,845 CAD | Total Assessment | $6,263 CAD |
Property Taxes
Parcel Number
1800-001-000-00132-000-0023-26
Land Assessment
$5,845 CAD
Improvements Assessment
$418 CAD
Total Assessment
$6,263 CAD
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Yonkers Corner Commercial Lot (107 x 100) | 416 Riverdale Ave
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