Presenting a unique redevelopment opportunity in the heart of Yonkers, NY. Located at 164 Ashburton Avenue, the former School 12 sits on a .86-acre parcel in the B Zoning District, offering flexibility for a range of future development uses. The property has been condemned and will be delivered vacant at the time of sale. The buyer must agree to demolish the structure within 12 months of closing, at their own expense. Buyer to pay broker's fees in this transaction. Situated in a densely populated and evolving area, this location benefits from proximity to major Yonkers landmarks and infrastructure. Nearby are St. John's Riverside Hospital, Yonkers City Hall, and the Yonkers Metro-North station, providing easy access to Manhattan and the greater Hudson Valley. Shopping, dining, and cultural attractions such as the Yonkers Waterfront, Untermyer Gardens, and Ridge Hill Mall are all within minutes. The surrounding neighborhood features a diverse and growing population. Yonkers, the fourth largest city in New York State, has over 211,000 residents with continued residential and commercial investment. The area supports a wide range of demographics, with strong demand for affordable and market-rate housing, healthcare, and mixed-use development. All offers must be submitted in writing with proof of funds. This is an as-is sale with clear terms set forth for demolition and vacancy. Seize the opportunity to transform this condemned structure into a project that meets the community’s evolving needs.