Rare Mixed-Use Investment Opportunity! 3 Tax Lots Sold as a Package. This property includes two mixed-use buildings and a large adjacent lot at 86 McLean Avenue, 2 Cornell Avenue, and 6 Cornell Avenue, Yonkers, NY, totaling 6,360 sqft on 0.30 acres. The large, gated parking lot accommodates approximately 30 vehicles and is secured with a high-quality fence and security system. The property features 4 commercial spaces and 2 residential apartments: a 1-bedroom with small office and a 2-bedroom unit, both modern, updated, and currently owner-occupied. Three long-term tenants currently occupy the property, including an auto repair shop and a laundromat (the laundromat has a formal lease). Other tenants operate month-to-month, providing flexibility to renegotiate or renew leases. All tenants are reliable and pay rent on time. One commercial space is vacant and ideal for a variety of businesses, such as a hair/nail salon, cafe, office, or other neighborhood enterprise. Located in a high-traffic, established area with residential buildings, single-family homes, and thriving commercial businesses, the property is well-maintained by the owner, who has an engineering background. There are no violations, no open permits, and no unpaid taxes. Serious buyers only. A second showing with proof of funds or pre-approval is required to tour the residential units. A virtual tour is available on YouTube. https://youtu.be/S1l3gzQQtFI. All 2025 income, expense records and other building dept related documents are available upon request. Professional Photos Coming Soon (Due to Weather). 6 Electrical Meters and 2 Water Meters at the property.
Listing By
Agency Name: Keller Williams Realty Group
Agency Contact: 914-713-3270
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
86 Mclean And 2 - 6 Cornell Avenue | MLS# 968651
This commercial property located at 86 Mclean And 2 - 6 Cornell Avenue, Yonkers, NY 10705 is currently listed for sale with an asking price of $1,995,000. Search Yonkers real estate on www.coldwellbankerchoice.com today.