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Champion Realty Associates Inc.
871 Yonkers Avenue, N.Y. 10704 RETAIL/AUTO-REPAIR, GARAGE BUILDING | 4,539 SQ. FT. | FOR SALE
ASKING PRICE: $1,300,000
FOR MORE INFORMATION, PLEASE CONTACT 914.473.0718 Anthony Naraine
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein.
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LOCATION
871 Yonkers Avenue
Property Type / Sub-Type Retail / Auto-repair, Garage
Zoning BA
Lot Size 4,539
Year Built 1975
Building Size 2,500
Taxes-2019 (Estimated) $21,000
Block/Lot 6340/53
PROPERTY OVERVIEW
Champion Realty Associates, Inc. presents our newest property for sale on an exclusive basis: 871 Yonkers Avenue. The property is located on Yonkers Avenue
which provides amazing visibility on a main artery through the 10704 section of Yonkers. The zoning is BA which allows for “general business & apartment houses”.
This usage can be for multiple commercial businesses. The building has a small office in the back of the shop and three drive-in bays with 3 hydraulic lifts. The property has parking for approximately 10 vehicles. It is an excellent location for any retail business!
1
Building
1
Story
Lease
2,500 Building Size
BA Zoning
YONKERS AVE & TRENCHARD ST Location
PROPERTY INFORMATION
NEIGHBORHOOD OVERVIEW
871 Yonkers Ave presents investors the unique opportunity to own a prime asset in a densely populated neighborhood of Yonkers! The area is mainly known for its
restaurants, retail strips, Empire Raceway & Casino and the Cross County Shopping Center. This location also benefits from convenient transportation options including the Bronx River Parkway, I-87, Cross County Parkway, bus rides to the city and across town, and a short ride to a few Metro North stations. More importantly, MGM Grand has purchased the Empire Raceway & Casino (across the street) and will be developing their property in the next few years. The
development includes a bigger venue, hotels, a shopping center, etc. Therefore, this area will be a major hub for retail businesses with a dramatic increase in foot-
traffic. Get in early to be a part of a historic change in this Yonkers community!
Champion Realty Associates Inc.
871 Yonkers Avenue, N.Y. 10704 RETAIL/AUTO-REPAIR, GARAGE BUILDING | 4,539 SQ. FT. | FOR SALE
ASKING PRICE: $1,300,000
FOR MORE INFORMATION, PLEASE CONTACT 914.473.0718 Anthony Naraine
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein.
Garage Doors 3
Bays 3
Bathrooms 1
Heating Diesel Tank
Offices 1
Parking Approx 10 cars
Hydraulic Lifts 3
Real Estate Taxes (19’) $21,000
Insurance $1,800
TOTAL OPERATING EXPENSES
$22,800
ANNUAL EXPENSES: (ESTIMATED)
Bird’s Eye View
PROPERTY INFORMATION
