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The Homestead at Underhill Farms 368 Underhill Ave 5,500 SF of 4-Star Retail Space Available in Yorktown Heights, NY 10598
HIGHLIGHTS
- Space built to suit.
- Currently under construction, delivery for early 2026.
- Spaces configured to tenant need.
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
Up to 5,500 of contiguous space but will divide. $40 PSF buildout allowance for qualified tenants
- Lease rate does not include utilities, property expenses or building services
- After Hours HVAC Available
- Central Air Conditioning
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| Ground | 5,500 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $192,500 /YR $16,042 /MO | Retail | Shell Space | February 23, 2026 |
Ground
| Size |
| 5,500 SF |
| Term |
| Negotiable |
| Rental Rate |
| $35.00 /SF/YR $2.92 /SF/MO $192,500 /YR $16,042 /MO |
| Space Use |
| Retail |
| Condition |
| Shell Space |
| Available |
| February 23, 2026 |
Ground
| Size | 5,500 SF |
| Term | Negotiable |
| Rental Rate | $35.00 /SF/YR |
| Space Use | Retail |
| Condition | Shell Space |
| Available | February 23, 2026 |
Up to 5,500 of contiguous space but will divide. $40 PSF buildout allowance for qualified tenants
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- After Hours HVAC Available
SITE PLAN
PROPERTY FACTS
| Total Space Available | 5,500 SF | Apartment Style | Low-Rise |
| No. Units | 90 | Building Size | 90,657 SF |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Construction Status | Under Construction |
| Total Space Available | 5,500 SF |
| No. Units | 90 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 90,657 SF |
| Year Built | 2026 |
| Construction Status | Under Construction |
ABOUT THE PROPERTY
Brand-new retail space available at the ground floor of a newly constructed mixed-use building with apartments above, delivering built in daily foot traffic and long term demand. The property offers 8,450 SF total of ground-floor commercial space, with approximately 5,500 SF currently available, ideal for retail, service, medical, or food oriented uses. The space fronts Route 118, one of Yorktown’s primary commercial corridors, directly across from Optum and Optum Urgent Care, and benefits from additional access via Underhill Avenue. This location serves as a natural stop off for commuters traveling to and from the Taconic State Parkway, providing strong daily drive-by exposure. Surrounded by a dense mix of new apartments, condominiums, and townhomes, the property enjoys an immediate and growing customer base. The site sits in the heart of downtown Yorktown Heights, across from Yorktown Town Hall, and within close proximity to established neighborhood anchors including Uncle Giuseppe’s Marketplace, TJ Maxx, and Sportime Pickleball. This is a rare opportunity to secure new construction retail in a supply constrained market with strong demographics, excellent visibility, and steady commuter and residential traffic. Highlights New construction mixed use building with apartments above ±5,500 SF available (±8,450 SF total retail) Prominent frontage on Route 118 Access from Underhill Avenue Across from major medical users Dense surrounding residential base Minutes to Taconic State Parkway Core downtown Yorktown Heights location
NEARBY MAJOR RETAILERS
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The Homestead at Underhill Farms | 368 Underhill Ave
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