MLS#1061385
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLYonkers
Property Description
Prime Mixed-Use Investment & End-User Opportunity in Bustling Downtown Yonkers!Welcome to 123 Elm Street, a fully renovated, solid all-brick mixed-use property situated in one of Yonkers' most dynamic, high-traffic commercial corridors. Perfectly positioned amidst heavy daily foot traffic, strong vehicular exposure, and thriving neighborhood activity, this turnkey property delivers immediate upside, high tenant appeal, and long-term appreciation.Property Highlights & Layout:Ground Floor Commercial Storefront: A prime street-level commercial space featuring upgraded infrastructure with multiple existing water lines, floor drains, high-capacity electrical outlets, and a modern private half-bath. Ideal for health/beauty (spa, nail salon, barbershop), medical/professional offices, boutique retail, or specialty concepts.Ground Floor Residential (Rear): A stylish, private 1-bedroom apartment providing strong supplemental rental income.Second Floor Residence: An expansive 3-bedroom, 1-bathroom flat featuring a spacious layout, dedicated living room, and a contemporary eat-in kitchen.Third Floor Residence: A matching, light-filled 3-bedroom, 1-bathroom residence with large proportioned bedrooms and generous living space. Can be delivered VACANT at closing-making this an exceptional opportunity for an owner-occupant looking to live virtually mortgage-free, or an investor ready to capture top-of-market rent on day one.Private Outdoor Oasis: A beautifully maintained backyard featuring an attached patio accessible from both sides of the structure-a rare luxury in the city.Bonus Full Basement: Substantial unfinished storage space with dual walk-out access, ideal for equipment, inventory, or back-of-house operations.Interior Finishes:Every residential unit has been thoughtfully upgraded with modern designer bathrooms, spacious floor plans, and sleek contemporary kitchens appointed with premium stainless steel appliances (including built-in microwaves), solid cabinetry, and durable surfaces.Location & Accessibility:Located in a welcoming, community-oriented Downtown Yonkers neighborhood surrounded by local businesses, corporate offices, healthcare facilities, dining, and transit options. Rapid access to major parkways, buses, and the Metro-North Train Station ensures seamless commuting to NYC and Westchester.A truly rare, versatile asset combining residential luxury with high-visibility commercial revenue. Solid brick, completely renovated, and primed for immediate cash flow.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $2,890
Year Built: 1914
Feature Descriptions
Building Area Total: 4794
Business Type: Other
Exterior: Brick
On Market Date: 2026-10-11
Parcel Number: 1800-001-000-00469-000-0025
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
School District: Yonkers
Listed By / Shown By
Listing By
Agency Name: Voro LLC
Agency Contact: 929-900-6223
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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123 Elm Street | MLS# 1061385
This commercial property located at 123 Elm Street , Yonkers, NY 10701 is currently listed for sale with an asking price of $1,280,000. Elm Street is located within the Yonkers school district. Search Yonkers real estate on www.coldwellbankerchoice.com today.