12 Palisade Ave
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12 Palisade Ave
13,800 SF 100% Leased Retail Building Yonkers, NY 10701 For Sale
Investment Highlights
- Heavy daytime and evening foot traffic
- In the Center of Yonkers growth plans
- Proximity to the Downtown Redevelopment Site
Executive Summary
This property is for LEASE or for SALE. The highest and best use would be as a redevelopment project.
It is a 13,800 Sq. Ft. building, including basement, on a 4,600 Sq. Ft. lot. Current zoning is DM-X (Downtown Mixed-Use District) which permits Retail on the ground floor in addition to Residential, Commercial or Institutional uses. The intent of this Zoning us to attract and relate to a heavy pedestrian clientele.
Under this zoning, the site can accommodate a structure of roughly 27,000 Sq. Ft or 5+ floors.
A major attraction to this property is its immediate proximity to the approved Downtown Redevelopment Site which is outlined in the enclosed promotional package.
It is a 13,800 Sq. Ft. building, including basement, on a 4,600 Sq. Ft. lot. Current zoning is DM-X (Downtown Mixed-Use District) which permits Retail on the ground floor in addition to Residential, Commercial or Institutional uses. The intent of this Zoning us to attract and relate to a heavy pedestrian clientele.
Under this zoning, the site can accommodate a structure of roughly 27,000 Sq. Ft or 5+ floors.
A major attraction to this property is its immediate proximity to the approved Downtown Redevelopment Site which is outlined in the enclosed promotional package.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,800 SF
Building Class
B
Year Built
1971
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
3.00
Land Acres
0.11 AC
Opportunity Zone
Yes
Zoning
D-MX - Zone - D-MX – Permitted Uses: Commercial, residential, retail
•Maximum Permitted Height: 66 ft:
* Located on "Key Street"
Walk Score ®
Walker's Paradise (97)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1800-001-000-00484-000-0003 | Improvements Assessment | £12,943 |
| Land Assessment | £3,530 | Total Assessment | £16,473 |
PROPERTY TAXES
Parcel Number
1800-001-000-00484-000-0003
Land Assessment
£3,530
Improvements Assessment
£12,943
Total Assessment
£16,473
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12 Palisade Ave
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