Yonkers Office/Retail, Flex for Lease - Southwest
222 Lake Avenue aka The Mills is a 55,000 square foot mixed-use retail, flex and office property. The property has undergone a 3-year major (historically accurate) reconstruction which will allow for state-of-the-art technology and finishes, in a beautiful brick & wood structure. Every piece of infrastructure is new including the windows, roof, elevator & flooring. The building has 5 equal floors with the basement on grade level from back of the building, and 4 floors above grade on the street side.
222 Lake Avenue represents a unique asset class for both creative and conventional tenants seeking a versatile location with excellent access in a flourishing trade area. The Mill currently has anchor tenants like Simple Motive Brewing who will be occupying approximately half of the first floor and the Kitchen at the mills taking the balance of the 1st floor. The brewery space will also consist of a tasting room & the café has a small co-working setup.
Other tenants that would work well include but not limited to restaurants and other type of event destination spaces such as kids gym (Ninja Gym on the 4th floor), social spaces, catering halls or music venues, in addition to traditional commercial uses.
With an influx of new mixed-income residential developments clustering in and around Downtown Yonkers and neighboring markets alike, Yonkers has become the new frontier for renters, homeowners, office users and retailers, creating demand for experiential use groups such as breweries, art galleries, bowling alleys, dine-in restaurants, and music venues to want to locate near the neighboring residential markets. Yonkers is the 4th largest city in NY state and the largest city in Westchester.
The strength of the Hudson River Waterfront and it’s close proximity to Manhattan has allowed residential and retail development to flourish over the last five years creating a vibrant and diverse community. The recent increase in residential population has created a larger demand for retail and creative offerings causing a resurgence in this corridor. Over a dozen colleges within 12 miles (Sarah Lawrence College 5 miles from the site).
Proximity to Manhattan (5 miles to the NYC subway system) via the Metro North Hudson Line (5 stations within 3 miles with the closest 1.9 miles away). Affluent neighborhoods like Bronxville, Mount Vernon, Pelham, Tuckahoe, New Rochelle within a quick driving distance.
