416 Riverdale Avenue offers a rare development opportunity on a 10,700-square-foot vacant corner lot at the signalized intersection of Riverdale Avenue and Radford
Street. Featuring 107 feet of prime frontage along a primary north-south arterial, the site mirrors the visibility of nearby national retailers. Crucially, the property has
completed environmental remediation and holds a 'No Further Action' (NFA) Letter from the NYS DEC.
Zoned BR (Restricted Business) with a Floor Area Ratio (FAR) of 1.25, the site allows a maximum buildable area of 13,375 square feet. This zoning supports essential services,
positioning the asset for medical office or retail development where prime street-frontage rents reach $35 per square foot. With a lack of modern Class A space in South Yonkers, the site enables new construction specifications that outperform the retrofit limitations of
adjacent vintage inventory.
416 Riverdale Avenue offers a shovel-ready project in a revitalizing corridor anchored by the Ludlow Transit Village initiative and the College of Mount Saint Vincent. The property combines high-traffic visibility with a simple site footprint, capitalizing on demand from a dense population of over 40,000 residents.