465-479 S Broadway

465-479 S Broadway, Yonkers, NY

$6,125,000

Price

5.56%

Cap Rate

$340,749.98

NOI

Overview
Cap Rate
5.56%
NOI
$340,749.98
Building Size
18,037 sqft
Lot Area
0.51 acres
Occupancy
98.4%
Units
9
Floors
1
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.

Documents

Location
Gallery