811 McLean Ave - Storefront Retail/Office FOR SALE


Yonkers, NY 10704- Southeast Yonkers
$3,750,000 USD
914-637-0800
811 McLean Ave, Yonkers, NY for Sale
$3,750,000 USD
Storefront Retail/Office - FOR SALE
1/34
null | Request Cap Rate

811 McLean Ave
Yonkers, NY 10704
Southeast Yonkers


OVERVIEW

Sale or lease, option to buy. 13,500 sq ft vacant in 18,000 building. The restaurant/catering space has three levels.  Two levels of 5000 sq ft each with 14' ceilings. Both having large fully equipped kitchens over 50' of hoods. Plus a 1500 sq ft upper level with balcony overlooking Mclean Ave with its own bathrooms. Plus a separate rear storage building of 1500 +/- sq ft. set up with glycol keg system cooler. Parking lot is lined for 30 cars or use for truck loading. No loading zone in front Additional free parking in Coyne Park adjacent. $3.7 million on a sale or lease 13,500 vacant area for $16 per sq ft gross = $18,000 per month Existing c of o for 300+/- catering hall restaurant space with stages.  Stage for live bands in existing approved plans on each of the two main floors.  No interior supporting columns. One sports bar plan is to cut hole in upper floor to create stadium like sports bar venue with 28' ceiling in center. That keeps in tact the existing wide open 5000 sq ft lower level with 14' ceiling for table games and arcade. Current income of $9000 per mo income from 4,000 +/- sq ft of office space rented to multiple tenants on independent upper level. Taxes only $31,500. Ideal for sports bar with gaming tables, gym all office or retail. Space has had many recent interior upgrades. See main floor approved plans attached with much of that completed. New electric, plumbing and bar and brand new large bathrooms roughed in. Many of the fixtures needed to open are included. New glycol beer tap system equipment. Located on "The Emerald Mile." 20+/- Irish bars. Known to be safe with city supporting the nightlife. Adjacent to Woodlawn Bronx with a large concentration of Irish expatriates. Though this space, prior to its last operator was Italian. La Grotta and Spiritoso. High demand location, super value, right at NYC border without the high insurance and taxes

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

c of o over 300 entertainment office retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

B

APN/PARCEL ID

1800-006-000-06222-000-0024

ASK ABOUT THIS PROPERTY

Bernard StachelTamerlain Realty CompanyMore Info
914-637-0800

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Bernard StachelTamerlain Realty CompanyMore Info
914-637-0800

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