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2 Mill St
Yonkers, NY 10701
SOYO Lofts · Immeuble residentiel Propriété À vendre
·
26 Unités


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Faits saillants de l'investissement
- 3 blocks to Metro North and under 30 minutes to Grand Central
- Resident lounge / conference area / fitness room
- Authentic brick-and-beam character
Résumé de l'annonce
Lee & Associates NYC is pleased to present exclusively for sale two mixed-use buildings located at 2 Mill Street and 12-14 North Broadway, Yonkers, NY 10701 (the “Properties” or the “Portfolio”). Located in the historic Statesman and McCann buildings, SOYO Lofts consists of 25 residential lofts, as well as ground floor commercial space. The structure dates to about 1914 and has been converted to loft style apartments with high ceilings, large windows, in unit laundry, tenant controlled HVAC, and access to shared amenities such as a lounge, conference area, and fitness room. Mercantile Lofts at 12–14 North Broadway is a mixed-use loft conversion of a former commercial building originally built around 1965. The property contains approximately eight residential loft units above a ground floor commercial component.
Both properties are currently operating below market rents, presenting a clear opportunity to drive revenue through strategic rent increases, improved revenue management, and targeted unit upgrades. The oversized unit layouts, particularly at North Broadway, provide additional upside through reconfiguration and optimization of bedroom counts. At the same time, the Portfolio benefits from stable, in-place cash flow, offering a balanced profile of current income and future growth. Overall, the Portfolio represents a compelling opportunity to acquire well-located assets in a rapidly growing commuter market with direct access to New York City and meaningful potential for revenue growth.
25 loft apartments in historic 1914 structure
Opportunity to significantly increase rents through voucher lease-up strategy
In-unit laundry + tenant-controlled HVAC
16 vacant storage units in basement portion
100% free market
Can be sold with 12-14 N Broadway Yonkers, NY 10701
Both properties are currently operating below market rents, presenting a clear opportunity to drive revenue through strategic rent increases, improved revenue management, and targeted unit upgrades. The oversized unit layouts, particularly at North Broadway, provide additional upside through reconfiguration and optimization of bedroom counts. At the same time, the Portfolio benefits from stable, in-place cash flow, offering a balanced profile of current income and future growth. Overall, the Portfolio represents a compelling opportunity to acquire well-located assets in a rapidly growing commuter market with direct access to New York City and meaningful potential for revenue growth.
25 loft apartments in historic 1914 structure
Opportunity to significantly increase rents through voucher lease-up strategy
In-unit laundry + tenant-controlled HVAC
16 vacant storage units in basement portion
100% free market
Can be sold with 12-14 N Broadway Yonkers, NY 10701
Faits sur la propriété
Commodités
Commodités des unités
- Climatisation
- Lave-vaisselle
- Micro-ondes
- Espace d'entreposage
- Laveuse/Sécheuse
- Cuisine
- Réfrigérateur
- Four
- Salle à manger
- Salle de séjour
- Salle de récréation
Commodités du site
- Centre de conditionnement physique
Impôts fonciers
| Numéro de lot | 1800-002-000-02003-000-0042 | Évaluation des bâtiments | 291 929 $ CAD |
| Évaluation du terrain | 34 589 $ CAD | Évaluation totale | 326 518 $ CAD |
Impôts fonciers
Numéro de lot
1800-002-000-02003-000-0042
Évaluation du terrain
34 589 $ CAD
Évaluation des bâtiments
291 929 $ CAD
Évaluation totale
326 518 $ CAD
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