
$1,999,999 USD
Commercial for Sale, 975 McLean Avenue, Yonkers, New York 10704
- MLS#1001686
Listed By Double C Realty
The Commercial Property for Sale located at 975 McLean Avenue, Yonkers, New York 10704 is currently for sale. 975 McLean Avenue, Yonkers, New York 10704 is listed for $1,999,999.
Property features
Property
- Features: BasementStorage Space
Lot/Land
- Land/Lot size:
162 m² (1,742 ft²) - Lot Description: Corner Lot
Construction
- Year built: 1909
- Construction: StoneBrick
- Basement and foundation: Unfinished
Interior Features
- Floors: HardwoodCarpet
Heating and Cooling
- Heating System: Natural Gas
Utilities
- Other utilities: WaterNatural GasSewerPublicElectricCity Sewer
Description
Terrific opportunity to acquire an exceptional mixed-use brick building nestled away in the McLean Heights vicinity of Yonkers, just 25 minutes north of Manhattan. This income-producing property offers an attractive combination of strong cash flow, stability, and future upside potential. The property consists of (2) fully leased commercial storefronts on prime McLean Avenue and (5) residential apartments, which are accessible at the rear of the property on St Barnabas Place. Generating approximately $194,100 in annual gross income, this property presents a compelling return and an excellent addition to any investment portfolio. Located in a vibrant neighborhood with strong rental demand, the building benefits from exceptional visibility, heavy foot traffic, and convenient access to public transportation, including buses and Metro-North, as well as nearby shopping, restaurants, and major thoroughfares. This brick beauty has been meticulously maintained and offers a truly turnkey investment opportunity. Recent capital improvements include a new roof, updated sewer lines, new gas boiler and hot water heaters, and a new electrical service distribution system, minimizing future maintenance concerns and enhancing long-term value.
With solid in-place income, a prime location, and potential for future rental growth, this is a rare opportunity to own a marquee mixed-use property in one of Yonkers' strongest rental and commercial markets. Don't miss the chance to invest in a high-performing asset with both stability and upside potential.
Location
975 McLean Avenue, Yonkers, New York 10704