621 S Broadway - Restaurant FOR SALE


Yonkers, NY 10705- Ludlow
$623,000 USD
917-859-0331
621 S Broadway, Yonkers, NY for Sale
$623,000 USD
Restaurant - FOR SALE
1/25
null | Request Cap Rate

621 S Broadway
Yonkers, NY 10705
Ludlow


HIGHLIGHTS

  • 623 S Broadway is an in-line retail building with a long history of bar/ restaurant operations at this location.
  • The building requires a total renovation, perfect for creating a new vision.
  • The second-floor is accessible via the rear of the property.
  • There is nearly 50 feet of direct frontage on Broadway, perfect for built-in exposure.

OVERVIEW

623 S Broadway is a former bar/ restaurant that needs a total renovation. The property was gutted and needs to be renovated. The kitchen in the rear can be used. There were two baths on the second floor; new plumbing has started for the first-floor bathroom. There are two staircases to the second floor. Houlihan Lawrence Commercial presents this opportunity for an all-cash offer only. The owner will finance with a $200,000 down payment. This is the perfect opportunity to build your dream. 15 and 17 Spencer Place present the two lots behind the building, also included in the sale. They can be seen from Spencer Place, just around the corner. The lots total 50x107 feet. This offering is sold with open permits and violations. Assessment for all three lots: $10,070

FOR SALE DETAILS

PRICE

$623,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

Central Sub District S Br

APN/PARCEL ID

1800-001-000-00028-000-0014-15

ASK ABOUT THIS PROPERTY

Jeffrey LandsmanJeffrey LandsmanMore Info
917-859-0331

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Jeffrey LandsmanJeffrey LandsmanMore Info
917-859-0331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.