99-Unit Development Opportunity 4 Properties Offered at $2,900,000 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.
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 | $2,900,000 |
| Price / SF | $271.03 / 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 |
|---|---|---|---|---|
| 783 Warburton Ave, Yonkers, NY 10701 | Multifamily | 10,700 SF | 1905 | - |
| 781 Warburton Ave, Yonkers, NY 10701 | Land | 5,100.00 AC | - | - |
| 779 Warburton Ave, Yonkers, NY 10701 | Land | 6,973.00 AC | - | - |
| 775 Warburton Ave, Yonkers, NY 10701 | Land | 5,942.00 AC | - | - |
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