PRICE REDUCED - MOTIVATED SELLER!!! Currently configured as a two story mixed use property in the Yonkers Downtown Waterfront district, we believe it to also have unused transferable development rights (T.D.R.) of a minimum of approx 4,500 sq. ft. in place. The property is located just one block from the Yonkers Metro North Train Station which makes for an easy 15 or 20 min. commute into Midtown Manhattan. A Gourmet Cafe, "Casa de Cafe", currently occupies the ground floor retail space with the second story configured as a residential floor through unit of two bedrooms and two bathrooms. The cafe has a cabaret license and the current operator expects to obtain a liquor license shortly. The property will be delivered vacant which will provide the new owner the opportunity to obtain rents for both the ground retail and residential units. The second floor is large enough to be easily be converted to a three or possibly a four bedroom unit. The area has new and planned developments in terms of both commercial and residential buildings. There are fine restaurants to choose from and with Manhattan being just a quick 20 minute ride it opens up opportunities to capture the beauty of what Yonkers has to offer while being just minutes from the hustle and bustle of NYC. Postal Office, Verizon Building, Citi-bank, Metro North, plenty of bars and restaurants and shopping are all steps away. The property was recently featured in the CBS drama 'Person Of Interest". Yonkers is becoming an important town in the development of New York as a whole. It is a very attractive place for people who work in NYC to live. The "daylighting" of the Saw Mill River into Larkin Plaza was just the beginning for this wonderful area. This area is and will only get better and more attractive in the years to come. Contact us to learn the great advantages of purchasing this great property.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
