465-479 S Broadway, Yonkers, NY, 10705

465-479 S Broadway Yonkers, NY 10705

465-479 S Broadway, Yonkers, NY, 10705
465-479 S Broadway, Yonkers, NY, 10705 465-479 S Broadway, Yonkers, NY, 10705 465-479 S Broadway, Yonkers, NY, 10705 465-479 S Broadway, Yonkers, NY, 10705
FOR SALE
Property Type:
Street Retail
Amount:
$6,125,000
Last Verified:
Jan 02, 2024


Description

Houlihan Lawrence Commercial is delighted to exclusively present the opportunity to purchase 465-479 South Broadway in Yonkers, NY. This single-story retail property consists of nine storefronts, totaling approximately 18,037 square feet. Situated at a signalized intersection, it spans from corner to corner along South Broadway, offering an enviable location that ensures tremendous visibility and draws both high foot and vehicle traffic. Nearby, you'll find ample municipal and street parking.

The anchor tenants, Snipes and Boost Mobile, are bolstered by a roster of long-term tenants that includes Yonkers Paint & Hardware, Nubes NY, Williams Farm Market, Dollar Wonder, a dry-cleaners, and a barbershop. Among its neighbors are CityMD, RiteAid, SunRiver Health, Citizens Bank, Little Caesars Pizza, Subway, EagleHome Care, Rent-A-Center, and TrueValue, creating a thriving local ecosystem.

In terms of accessibility, this property offers convenience to Downtown Yonkers and The Bronx, with major transportation routes such as the Henry Hudson Parkway, Saw Mill River Parkway, I-87, and a Bee Line Bus Stop located directly in front of the property. This ensures excellent connectivity for both employees and visitors, making it an ideal location for businesses of all types.

The property is strategically located in the Central Subdistrict of the South Broadway District, which opens doors to exciting future development potential.

Corner of South Broadway, between Radford Street and St. Andrews Place in Yonkers. Best corner in the South Yonkers Business Improvement District.

Building Size: 18037sq ft
Lot Size: 0.51 acres


Documents

465-479 S Broadway OM

Map of 465-479 S Broadway, Yonkers, NY, 10705

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.