MLS#876164
STATUSActive
PROPERTY TYPECommercial - Industrial
Property Description
PRICE REDUCED!! GET OUT OF NEW YORK CITY! - LESS THAN 2 MILES OUT! - REDUCE OVERHEAD NOW!Here's a great opportunity of obtain a profitable mutlifunction property with the following unique advantages:1. Two 5,000 s/f industrial strength floors with separate semi-tractor trailer entrances on opposite sides of the block for each floor.2. Enough power for a DATA CENTER/SERVER HUB 1.8 miles north of New York City's boundary! 3-Phase 800 amp, in-house with two Con-Ed transformers on street poles.3. Yonkers Zoning is DM-X: Develop up to 200' of vertical floor space (+90,000 s/f)4. New industrial gas line for HVAC: 7-ton and 12-ton rooftop units can cool a meat locker!5. Currently used as two TV production studios, owner is amenable to purchaser acquiring film/video equipment for a negotiable sumSeeking Residential Opportunities?Consider a DM-X zoned residential build-up with parking on the two lower floors. Assuming 10' floor allowance, add 18 floors of 5 apartments each. totaling 90 units! Rented at market rates of $2,000/m = $2.16M/yr. plus income from the two warehouse floors for parking. This building is also key, center, block-through property for an entire block assemblage, providing high resale value if left as-is and sold as an anchor.Recent developments by a hospital across the street, and the impending development of the 'Chicken Island block, 100' to the north (next to City Hall), make this property is a very smart move.Come see any time from 9 to 5 Monday through Saturday. Additional Features: Two concrete, heavy duty floors capable of taking and parking commercial trucksRenovations within the last 8 years: New Con-Edison electrical installation, fire and security alarm system, HVAC system including boiler and two roof-top A/C units.New sewer and sump pump with maceration New roof surface - walk-on capable
Property Features
Property Type: Commercial - Industrial
Basement: Yes
Basement: Finished, Full, See Remarks, Walk-Out Access
Cooling: Central Air
Heating: Baseboard, Forced Air, Natural Gas
Lot Size: 0.11 Acres
Stories: 2.0
Taxes: $3,710
Year Built: 1890
Feature Descriptions
Accessibility: Accessible Approach with Ramp, Accessible Common Area, Accessible Doors, Adaptable Bathroom Walls, Visitor Bathroom
Appliances: Convection Oven, Cooktop, Dryer, Electric Oven, Electric Range, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Washer, Gas Water Heater
Building Area Total: 10000
Building Features: Bathrooms, Built-in-Features, High Speed Internet, Lobby, Mailbox, Overhead Door(s), Signage Included, Storage, Walk Up
Business Type: Other
Cap Rate: 11
Days on Site: 279
Electric: Three Phase
Exclusions: 5% gross commission, 3% to Sellers Agent, 2% to Buyers Agent
Exterior: Batts Insulation, Block, Brick, Stone, Stucco
Fencing: None
Flooring: Concrete
Heating Zones: 2
Inclusions: Zoned D-MX up to 200 vertical residential housing allowed, Roof access, Electric Power Management (800a. 3p), mascerating sump pump, 2 rooftop A/Cs, New Boiler
Leasable Area: 10000
Lot Features: Near Public Transit, See Remarks
On Market Date: 2025-06-26
Overhead Door Height: 12
Parcel Number: 1800-001-000-00482-000-0018
Parking Features: Off Street, Private, Underground
Property Attached Y/N: 1
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Security: yes
Security Features: Building Security, Fire Alarm, Fire Sprinkler System
Seller Concession: Yes
Seller Concession Amount:: 5.00
Sewer: Public Sewer
Special View Info: City
Units: 1
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker Realty
Agency Contact: 914-693-5476
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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15 School Street | MLS# 876164
This commercial property located at 15 School Street, Yonkers, NY 10701 is currently listed for sale with an asking price of $4,250,000. Search Yonkers real estate on www.coldwellbankerchoice.com today.