99-Unit Development Opportunity FOR SALE


Yonkers, NY - Northwest Yonkers
$3,950,000 USD
914-670-7065
, Yonkers, NY for Sale
$3,950,000 USD
FOR SALE
1/14
null | Request Cap Rate

99-Unit Development Opportunity
Yonkers, NY
Northwest Yonkers


HIGHLIGHTS

  • 99-Unit Development Opportunity with Parking
  • Hudson River Views
  • Minutes from NYC and just footsteps to Metro North Train

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Michael NukhoNuRealty Advisors, Inc.More Info
914-670-7065

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael NukhoNuRealty Advisors, Inc.More Info
914-670-7065

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.