72 Lockwood Ave
Yonkers, NY 10701
Retail Property For Sale
Property Facts
About 72 LOCKWOOD AVE , YONKERS, NY 10701
Welcome to 72 Lockwood. This is a 3 unit commercial building comprised of a fully functioning bar w/ commercial kitchen and basement. The second unit is an 1100 sq ft. open space with bathroom and kitchenette. The building is zoned for 2.5 additional stories of residential apartments and this has been confirmed with Yonkers building and zoning department. A variance can be applied for to extend the build-able stories to 4 full stories without any setbacks. The building has a large backyard that can be paved and made to accommodate a parking lot for approximately 8 cars. There are currently 2 tenants, the bar is rented and is paying $3,000/ month on a 5-year lease & the flooring company is paying $2100 on a 2-year lease as well. The current cap rate is 7.6%. Please call for more information.
Property Taxes
| Parcel Number | 1800-002-000-02351-000-0007-9 | Improvements Assessment | $7,000 |
| Land Assessment | $5,000 | Total Assessment | $12,000 |
Property Taxes
