This strategically located site presents a rare chance to transform a prominent institutional property into high value new development in a thriving Yonkers neighborhood. Don’t miss your opportunity—sealed bids due August 15, 2025 by 5:00PM. An exceptional redevelopment opportunity on this 1.2+/-ac M zoned land—ideal for adaptive reuse into: • Market rate or affordable single family and multi family housing • Mid rise apartment complex or condominiums • Medical offices, clinics, or wellness center • Assisted living, senior housing, community services Boasting robust vertical and horizontal development potential, this property offers flexibility for developers, healthcare operators, or investors seeking to capitalize on Yonkers’ growing residential and commercial demand. ________________________________________ ?? Neighborhood & Demographics • Demographics: The Glenwood/“Northwest” Yonkers area, which includes Morningside Ave, features a diverse population of approximately 56,000 residents. In this area, households earn a median income of $126,500—well above Yonkers’ overall median of about $66,400 (city-data.com). • Diversity: Approximately 38% Hispanic/Latino, 34% White, 14% Black, and 6% Asian . • Walkability: Highly walkable (Walk Score ~75), with convenient pedestrian access to local amenities and transit (walkscore.com). ________________________________________ ?? Local Landmarks & Amenities • Healthcare: o St.?John’s Riverside Hospital (407 beds) and St.?Joseph’s Medical Center (532 beds) are within a 1–2?mile radius — ideal for health care oriented development . • Retail & Dining: o Cross County Shopping Center: 100?+ shops including Macy’s, Target, Zara, Michael Kors, a cinema, restaurants and ample parking (en.wikipedia.org). o Ridge Hill: upscale open-air mall with dining & entertainment, in nearby Yonkers (ridgehill.com). • Parks & Recreation: o Untermyer Park & Gardens: historic 43 acre landscaped botanical gardens with amphitheater and river views, under restoration (en.wikipedia.org). o Dunn Park, Grant Park, Smith Park: all within a short stroll (walkscore.com). • Transit: o Close to Metro North Hudson Line (Glenwood & Yonkers stations). o Extensive Bee Line and MTA bus service connects to Manhattan and throughout Westchester (en.wikipedia.org). ________________________________________ ? Highlights • Sizeable land & building footprint (1.2?acre, 53k?SF) ready for conversion. • M zoning allows for a wide range of commercial and residential uses. • Strong neighborhood demographics and income supporting premium uses. • Proximity to major medical centers, retail, parks, and transit ensures immediate and future demand. ________________________________________ ?? Offer Process Property is offered via sealed bid. All offers must be submitted in writing with proof of funds to: paul.adler@randcommercial.com This is an as-is sale with the Buyer to pay Broker’s Fees. Submit offers with proof of funds by: Friday, August 15, 2025 at 5?PM ET. Offering memorandum, site plans, neighborhood studies in document file.