MLS#974190
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLYonkers
Property Description
Prime mixed-use investment opportunity in the heart of Yonkers! Located on a highly visible corner lot, this versatile property offers strong income potential with a fully operational retail storefront, residential units, and additional garage income streams. The ground level retail space, currently operating as a nail salon, benefits from excellent street exposure, steady foot traffic, and prominent signage visibility, ideal for owner-users or investors seeking a stable commercial tenant, currently rented at $1,850. Above and alongside the commercial space are well-laid-out residential units, including a 1-bedroom apartment renting for $1,850/month and a spacious 3-bedroom apartment generating $2,850/month, providing consistent rental income. Additional value is found in the three garage spaces, each rented at $200/month, creating supplemental cash flow and added tenant convenience. The property features a separate entrance for residential access, enhancing privacy and flexibility for multi-use functionality. With approximately 2,800 sq ft of building space, this asset is perfect for investors looking to maximize returns or owner-operators seeking to live and work in one location. Conveniently situated near major roadways, public transportation, and local amenities, this is a rare opportunity to own a high-performing mixed-use property in a growing Yonkers market.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Unfinished, Walk-Out Access
Cooling: None
Heating: Baseboard, Oil
Lot Size: 0.05 Acres
Taxes: $11,957
Year Built: 1969
Feature Descriptions
Building Area Total: 2800
Business Type: Professional Service, Residential
Cap Rate: 8
Days on Site: 17
Exterior: Frame
Lot Features: Corner Lot
On Market Date: 2026-04-29
Parcel Number: 1800-002-000-02363-000-0038
Parking Features: Garage, On Street
Parking Total: 3
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Water Connected
Water: Public
Local Schools
High School: Yonkers (School Choice)
Middle School: Yonkers (School Choice)
Elementary School: Yonkers (School Choice)
School District: Yonkers
Listed By / Shown By
Listing By
Agency Name: eXp Realty
Agency Contact: 888-276-0630
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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17 Lockwood Avenue | MLS# 974190
This commercial property located at 17 Lockwood Avenue, Yonkers, NY 10701 is currently listed for sale with an asking price of $949,000. Lockwood Avenue is located within the Yonkers school district. Search Yonkers real estate on www.coldwellbankerchoice.com today.