Property for sale in 289 Warburton Avenue, New York, United States Of America

£1,381,900 (US$1,775,000)
Property for sale

Property features

  • 0.27 Acres
  • Adult Community: No
  • Waterfront: No
  • Pool: No
  • View: Yes

Property description

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

Reference: 36112_FHD1124823

Key Features
0.27 Acres
Adult Community: No
Waterfront: No
Pool: No
View: Yes Ref: 36112-FHD1124823

Property info

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
Mayfair International Realty, W1U on +44 20 3551 9676 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Mayfair International Realty, and do not constitute property particulars. Please contact Mayfair International Realty for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.