Property Description

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. Rent roll available upon request. Serious buyers only. A second showing with proof of funds or pre-approval is required to tour the residential units. Professional Photos Coming Soon (Due to Weather)

Property Features