984 BroadwayYonkers, NY 10701

For Sale
Call for price

Class A, 82,000 SF, Multi-Tenant

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A medical office building, located at 984 N Broadway in Yonkers, NY, presents a compelling investment opportunity. The five-story building, constructed in 1970, boasts a substantial 82,000 square feet of space and sits on a 2.25-acre lot. Currently multi-tenanted with a mix of short- and long-term leases, the property offers a 16% vacancy rate, presenting significant potential for increased revenue. The building features ample parking with 300 spaces, ensuring convenient access for patients and staff. Its OL zoning designation provides flexibility for future development or expansion. The property's address is 984 N Broadway, Yonkers, NY 10701, within Westchester County. The Assessor's Parcel Number (APN) is 3-3415-25. This well-maintained building is ideal for investors seeking a strong foothold in the thriving Yonkers medical market. The substantial square footage, ample parking, and prime location combine to create a highly desirable property with excellent upside potential. The current vacancy rate provides an immediate opportunity to increase occupancy and rental income. This is a rare chance to acquire a significant medical office building in a desirable location with strong growth prospects.

Highlights

  • Five-story Class A medical office building.
  • 16% vacancy rate, offering significant upside potential.
  • Multi-tenant building with a mix of short- and long-term leases.
  • OL zoning designation.
  • 80,550 square foot, five-story building.

Property Details for 984 Broadway

Property type
Other office properties, Medical offices
Square Feet
82,000 SF
Class
A
Year Built
1970
Stories
5
Lot Size (sq. ft)
98,010 SF

Location Insight

City
Yonkers
County
Westchester
State
New York
Latitude
40.9682154
Longitude
-73.8841266
984 Broadway, Yonkers, New York

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984 Broadway
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