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45-47 RADFORD ST & 38 R ANDOLPH ST, YONKERS, 45 Radford St 830 SF Retail Building Yonkers, NY 10705 $1,300,000 ($1,566.27/SF)
Investment Highlights
- Block-through parcel with two street frontages
- Dual Frontage
- Total Land Area: 10,000± SF
Executive Summary
The property generates immediate NNN income of approximately $7,000 per month
($102,000 annually), including $7,000 from the mechanic shop at 45–47 Radford
Street and $1,500 from the rear lot at 38 Randolph Street, providing strong cash flow
while offering flexibility to hold, entitle, reposition, or redevelop.
The site is improved with underutilized structures and is appraised under a
hypothetical condition assuming demolition. The highest and best use is multi-famil y
residential development, making the property well suited for ground-up construction.
($102,000 annually), including $7,000 from the mechanic shop at 45–47 Radford
Street and $1,500 from the rear lot at 38 Randolph Street, providing strong cash flow
while offering flexibility to hold, entitle, reposition, or redevelop.
The site is improved with underutilized structures and is appraised under a
hypothetical condition assuming demolition. The highest and best use is multi-famil y
residential development, making the property well suited for ground-up construction.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
830 SF
Building Class
C
Year Built
1920
Price
$1,300,000
Price Per SF
$1,566.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.11 AC
Zoning
A - Zoned A, Property class Motor vehicles services (430)
Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1800-001-000-00120-000-0037-38 | Improvements Assessment | $3,200 |
| Land Assessment | $3,600 | Total Assessment | $6,800 |
Property Taxes
Parcel Number
1800-001-000-00120-000-0037-38
Land Assessment
$3,600
Improvements Assessment
$3,200
Total Assessment
$6,800
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Map
Presented by
Rixel Real Estate Inc
45-47 RADFORD ST & 38 R ANDOLPH ST, YONKERS, | 45 Radford St
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