1 W Pondfield Rd, Yonkers, NY, 10708
$1,995,000
activeStories
2
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
RARE BRONXVILLE/YONKERS MEDICAL OFFICE VALUE-ADD Exceptionally located 14-suite medical & professional office building with four street level store fronts totaling 15,878 SF in one of Westchester's most desirable submarkets. Currently 64% occupied with significant upside potential. THE OPPORTUNITY: Five vacant suites (4,910 SF) ready for lease-up. Modest CapEx for aesthetic upgrades and common area refresh will position the building to command at or above market rents in a supply-constrained submarket. LOCATION ADVANTAGE: Minutes to Bronxville Metro-North station. Healthcare adjacency to major Westchester medical infrastructure. Strong demographics and above-average household incomes drive consistent tenant demand from medical, dental, therapy, and allied health practices. Perfect for value-add investors seeking immediate income growth in a fundamentally strong Westchester location.
Listed by Frank Schiavone, Compass Greater NY, LLC
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