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914 Old Nepperhan Ave 5,500 SF Retail Building Yonkers, NY 10703 $2,442,860 CAD ($444.16 CAD/SF) 6.41% Cap Rate
EXECUTIVE SUMMARY
Located in the heart of Yonkers’ historic Nepperhan industrial corridor, 914 Old Nepperhan Avenue offers a prime opportunity for businesses seeking flexible industrial or commercial space in a rapidly evolving area. The Mixed-Use (Commercial / Residential) current use as an autobody repair and storage, "I" zoning allows for multiple commercial uses ranging from heavy industrial to restaurant use. The property has two buildings - the commercial building consisting of 3,500 sf and a 2,000 sf residential building consisting of two - 2 bedroom apartments.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Building Class
C
Year Built
1975
Price
$2,442,860 CAD
Price Per SF
$444.16 CAD
Cap Rate
6.41%
NOI
$156,622 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.24 AC
Zoning
I - Industrial
Frontage
37’ on Old Nepperhan Ave
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1800-002-000-02389-000-0007 | Improvements Assessment | $13,531 CAD |
| Land Assessment | $10,430 CAD | Total Assessment | $23,961 CAD |
PROPERTY TAXES
Parcel Number
1800-002-000-02389-000-0007
Land Assessment
$10,430 CAD
Improvements Assessment
$13,531 CAD
Total Assessment
$23,961 CAD
CONTACTS
-
Sharon Creazzo -
Christian Dedvukaj -
Princeton Realty Group Commercial Real Estate
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914 Old Nepperhan Ave
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