Yonkers, New York Commercial Real Estate 2 Listings

Yonkers, New York: A Premier Destination for Commercial Real Estate

Introduction

Yonkers, New York, stands as a vibrant hub for commercial real estate (CRE) investment, strategically located just north of New York City. With a diverse economy that includes significant industry clusters like healthcare, retail, and logistics, Yonkers offers unique opportunities for CRE professionals. This city, the fourth largest in New York State, boasts a robust infrastructure and a dynamic market that continues to attract businesses and investors alike.

Economic and Industry Overview

Yonkers is home to a variety of industries that drive demand for different types of commercial properties. The healthcare sector, led by institutions like St. John's Riverside Hospital, creates consistent demand for medical office spaces. Retail is another key industry, with the Cross County Shopping Center serving as a regional retail magnet. The logistics sector benefits from Yonkers' strategic location, supporting demand for industrial and warehouse spaces.

The Yonkers Industrial Development Agency actively promotes economic growth through various incentives and initiatives, making it an attractive destination for commercial development.

Strategic Location and Transportation Infrastructure

Yonkers enjoys excellent connectivity, bolstered by major highways like the New York State Thruway (I-87) and the Cross County Parkway. The city's proximity to New York City enhances its logistical advantages, providing easy access to a vast labor pool and consumer market.

Public transportation is well-served by the Metro-North Railroad, which offers commuter rail service to and from New York City, and the Bee-Line Bus System covers extensive routes within Yonkers and the surrounding areas. For freight and logistics, Yonkers' closeness to the Port of New York and New Jersey is a significant advantage.

Commercial Real Estate Inventory & Zoning

Yonkers features diverse CRE submarkets, including a vibrant Central Business District (CBD) and burgeoning industrial corridors along the waterfront. Key asset classes in the city encompass industrial properties, retail spaces, office buildings, and medical facilities.

Recent zoning changes have facilitated mixed-use developments, enhancing the city's urban landscape. For detailed zoning maps and parcel information, visit the City of Yonkers Planning Bureau.

Major Employers and Institutions

Yonkers hosts several major employers that contribute to CRE demand, including Yonkers Public Schools, the city’s largest employer, and Montefiore Health System. The presence of corporate headquarters and tech campuses further stimulates office space demand.

For more information on Yonkers’ business environment, explore the Yonkers Economic Development Corporation.

Notable Commercial Developments & Projects

Significant development projects in Yonkers include the Saw Mill River Daylighting, a transformative public-private partnership that has revitalized the downtown area. The city also features designated Opportunity Zones that provide tax incentives for long-term investments.

For planning documents and site maps, consult the Yonkers Planning Department.

Building Permits, Planning, and Development Tools

Developers and investors can access a range of resources through the City of Yonkers Building Department for permitting and safety compliance. Utilize the Yonkers Parcel Viewer for detailed property insights and GIS data.

Market Data & Economic Reports

Public data sets from sources like Census.gov and the Yonkers Open Data Portal offer valuable insights into the local economy. Brevitas leverages AI-powered aggregation from these public datasets and internal insights, providing users with comprehensive market dashboards for Yonkers.

Why Use Brevitas for Yonkers, New York CRE?

Brevitas offers a cutting-edge platform for discovering CRE opportunities in Yonkers, powered by AI-driven insights, real-time market alerts, and smart property pages. Our unique features include:

Auto-generated listing pages
Email and landing page tools
Integration with brokers and developers
Exclusive listings and premium exposure

Explore how Brevitas can enhance your CRE strategy in Yonkers by visiting our Yonkers city search.

This page is designed to serve as a comprehensive guide for CRE professionals looking to invest in Yonkers, New York, and to position Brevitas as the premier marketplace for commercial real estate in this dynamic city.