This Retail Property is no longer advertised on LoopNet.com.

1 Fort Hill Ave
Yonkers, NY 10710
Retail Property For Sale

Investment Highlights

  • Highly visible from all directions in Central Avenue
  • Redevelopment site for variety of uses including mid to high rise apartment building
  • Ideal site for national restaurant chains!
  • Heavy vehicular traffic count and surrounded by variety of national retailers and shopping centers!
  • Owner financing is available with 30% down. Monthly payment could be kept under $17,000/ month. Less than half of the rental rate!

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,332 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.08 AC
Zoning
BR
Parking
110 Spaces (9.68 Spaces per 1,000 SF Leased)
Frontage
211’ on Fort Hill Avenue

Amenities

  • Bus Line
  • Corner Lot
  • Freeway Visibility
  • Signalized Intersection
  • Monument Signage

About 1 FORT HILL AVE , YONKERS, NY 10710

Regency is pleased to offer the opportunity to acquire the well established and reputable Mont Olympos Diner including the real estate; first time on the market in five decades! A dream come true for an aspiring entrepreneurial restaurateur to take over a successful business in a prime location: Central Avenue retail corridor bordering Scarsdale. Situated just outside of NYC. This one plus acre prime property is in BR zone which permits apartment, mixed-use and retail development. The current diner is just under 10K SF with a cellar and 110 cars parking lot. The owner will hold the first mortgage with a 30% down with a favorable amortization schedule for the new owner. Also, a perfect setting for any national restaurant chains for a high visibility location in a sought after NYC suburb. Ideal site for car dealerships, specialty store, or mixed-use redevelopment.

Property Taxes

Property Taxes

Parcel Number
1800-004-000-04296-000-0050
Land Assessment
$20,000
Improvements Assessment
$15,000
Total Assessment
$35,000
  • Listing ID: 17393191

  • Date on Market: 10/7/2019

  • Last Updated:

  • Address: 1 Fort Hill Ave, Yonkers, NY 10710

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