289 Warburton Avenue
Yonkers, NY 10701
- – beds
- – baths
- – sqft
- 11,761 sqft lot
- – on site
This is your chance to get in on the Yonkers development BOOM! Location: The lot has a prime location with 100 feet on Warburton Ave and an additional 25 feet on Woodworth Ave, providing convenient access and potentially enhancing attractiveness. Approval and Development: The site is fully approved for a 36-unit apartment building, which streamlines the development process and reduces uncertainty for investors. Proforma of over $840,000 per year net income! Building Features: The planned building will be high efficiency, running on electric power, which aligns with modern sustainability trends. Tenants will be responsible for paying their own utilities. Parking: The property offers two levels of on-site parking, totaling 36 spaces. Sufficient parking is a crucial factor for urban developments and can add substantial value. Affordable Housing: The inclusion of one affordable rental unit, as required by the City of Yonkers, not only meets regulatory requirements but also supports community inclusivity. Proximity to Transit: With a distance of only 0.07 miles to the Metro North Station, the site offers excellent access to public transportation, appealing to commuters and enhancing the property's marketability. View and Surroundings: Apartments at the rear of the building will boast views of the Hudson River, which can be a major renting point for potential tenants seeking attractive living environments. Development Potential: The presence of at least six other new development sites in the area underscores Yonkers' growth and the attractiveness of investing in this location. Don't miss your chance. Building and site plans available to view.
Last checked:
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Last updated Oct 24, 2024
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MLS# H6314116 —
Location
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Directions:Warburton Ave between Lamartine Ave and Union Pl.
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Zoning Description:Other
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Lot Features:Level, Part Wooded, Rolling Slope
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Lot Size Acres:0.27
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Lot Size Area:0.27
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Lot Size SqFt:11761
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Lot Size Units:Acres
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Lot Size Source:Other
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Parcel Number:1800-002-000-02116-000-0040
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Fencing:Fenced
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View:Water
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View:true
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Road Frontage Type:City Street
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (917) 859-0331
- Office phone:
- (914) 368-4500
Taxes
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Tax Map Number:1800-002-000-02116-000-0040
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Tax Annual Amount:9000
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Tax Assessed Value:8600
Utilities
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Utilities:Natural Gas Available, Sewer Available
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Yonkers Early Childhood Academy
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Elementary School District:Yonkers
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Middle Or Junior School:Yonkers Middle School
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Middle Or Junior School District:Yonkers
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High School:Yonkers High School
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High School District:Yonkers
The Community
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Senior Community:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/26/24
Jul 26, 2024
|
Price Changed | ONEKEY | $1,775,000 | -10.8% |
|
6/21/24
Jun 21, 2024
|
Listed / Active | ONEKEY | $1,990,000 |
