Yonkers, NY
Commercial Real Estate Market Trends & Data

$358 Avg asking sale price
$120 Avg asking lease rate
17,354 SF Avg unit lease size
15,174 SF Avg building size for sale
6.94% Average cap rate

Yonkers's Demographic Profile

Yonkers has 77,556 households and a median income of $73,949, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 204,162
# Households 77,556
Median age 41
Median household income $73,949
Avg household size 3.0
Renter-occupied housing units 44,232
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Yonkers, NY

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Yonkers $497 7,654 SF
Bronxville $2,302 7,464 SF
Mount Vernon $431 113,112 SF
Alpine $339 13,856 SF
Eastchester $694 11,121 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Yonkers $270 13,454 SF 8.32%
Mount Vernon $307 326,194 SF 7.90%
Alpine $245 25,311 SF 8.24%
Riverdale $251 24,289 SF 7.59%
New Rochelle $326 6,339 SF 6.82%

Commercial Properties For Sale in Yonkers

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

536 N High St

Mount Vernon, NY 10552

  • 8,000 SF Multifamily
  • 7.90% Cap Rate
  • $1,250,000
For Sale

691 Saw Mill River Rd

Yonkers, NY 10710

  • 6,000 SF Industrial Building
  • $1,850,000
For Sale

Retail Condo For Sale

Yonkers, NY 10701

  • 5,419 SF Retail Building
  • $349,900
For Sale

124 Lincoln Ave

Mount Vernon, NY 10550

  • 4,717 SF Office Building
  • $1,825,000
For Sale

c of o over 300 entertainment office retail

Yonkers, NY 10704

  • 18,000 SF Retail Building
  • $3,750,000
For Sale

68 -96 Allen N ave

Bronxville, NY 10708

  • 0.98 AC Lot
  • 1 Commercial Lot
  • $1,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Yonkers pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Yonkers $358 15,174 SF
Bronxville $1,617 5,417 SF
Tuckahoe $468 17,292 SF
Mount Vernon $375 122,740 SF
Alpine $276 17,215 SF

Multifamily Properties For Sale in Yonkers

For Sale

536 N High St

Mount Vernon, NY 10552

  • 8,000 SF Multifamily
  • 7.90% Cap Rate
  • $1,250,000
For Sale

19 Units | 8% Cap Rate | Mixed-Use | Yonkers

Yonkers, NY 10701

  • 16,800 SF Multifamily
  • 8.24% Cap Rate
  • $3,900,000
For Sale

28-32 Van Cortlandt Park Ave

Yonkers, NY 10701

  • 6,066 SF Multifamily
  • 8.25% Cap Rate
  • $2,500,000
For Sale

279 S Broadway

Yonkers, NY 10705

  • 13,260 SF Multifamily
  • $4,000,000
For Sale

90-92 Vark St

Yonkers, NY 10701

  • 15,000 SF Multifamily
  • 7.45% Cap Rate
  • $3,149,000
For Sale

4-6 Page Ave

Yonkers, NY 10704

  • 26,592 SF Multifamily
  • 8.32% Cap Rate
  • $4,800,000
For Sale

28 Yonkers Ave

Yonkers, NY 10701

  • 13,340 SF Multifamily
  • 7.43% Cap Rate
  • $1,695,000
For Sale

Yonkers Portfolio

Yonkers, NY

  • 5.75% Cap Rate
  • $12,300,000

Regional Demographic Comparison

This comparison places Yonkers alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Yonkers or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Yonkers 204,162 77,556 41 $73,949 3 44,232 -3%
Bronxville 6,833 2,434 44 $191,102 3 586 -1%
Tuckahoe 7,041 2,979 43 $114,838 2 1,547 -3%
Mount Vernon 66,561 25,555 41 $72,057 3 16,234 -5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Yonkers, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Yonkers

View All Commercial Real Estate For Sale in Yonkers
Is Yonkers a good market for a first-time commercial real estate investor?

Yonkers offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Yonkers?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Yonkers. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Yonkers?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Yonkers. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Yonkers compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Yonkers. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Yonkers acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Yonkers, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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