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99-Unit Development Opportunity

4 Properties Offered at £3,120,539 in Yonkers, NY

Investment Highlights

  • 99-Unit Development Opportunity with Parking
  • Minutes from NYC and just footsteps to Metro North Train
  • Hudson River Views

Executive Summary

NuRealty Advisors Inc. proudly presents an exclusive listing for 775-783 Warburton Avenue, Yonkers, NY. This prime development opportunity offers 28K SF of breathtaking views of the Hudson River and is perfectly located just south of River Tides at Greystone, a luxury apartment complex developed by Ginsberg Development Companies, known for its resort-style amenities.
This offering presents endless possibilities for investors and developers, with the potential to be transformed into a 99-Unit Residential project with adequate parking facilities.
An added advantage is the existing Three-Family home on the site which is 100% occupied and generates $80K in annual income, allowing developers to offset carrying costs while applying for construction permits.
The property is just steps from the Greystone Metro-North Train and a 30-minute drive to Midtown Manhattan.
Contact Team@NuRealtyAdvisors for more information.

Property Facts

Price £3,120,539
Price / SF £291.64 / SF
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 10,700 SF
Total Land Area 18,015.20 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
775 Warburton Ave, Yonkers, NY 10701 Land 5,942.00 AC - -
779 Warburton Ave, Yonkers, NY 10701 Land 6,973.00 AC - -
781 Warburton Ave, Yonkers, NY 10701 Land 5,100.00 AC - -
783 Warburton Ave, Yonkers, NY 10701 Residential 10,700 SF 1905 -
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  • Listing ID: 33523954

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 99-Unit Development Opportunity, Yonkers, NY

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