123 Elm Street,Yonkers, NY 10701
Yonkers, NY 10701
Description
Prime Mixed-Use Investment & End-User Opportunity in Bustling Downtown Yonkers! Welcome to 123 Elm Street, a fully renovated, solid all-brick mixed-use property situated in one of Yonkers' most dynamic, high-traffic commercial corridors. Perfectly positioned amidst heavy daily foot traffic, strong vehicular exposure, and thriving neighborhood activity, this turnkey property delivers immediate upside, high tenant appeal, and long-term appreciation. Property Highlights & Layout: Ground Floor Commercial Storefront: A prime street-level commercial space featuring upgraded infrastructure with multiple existing water lines, floor drains, high-capacity electrical outlets, and a modern private half-bath. Ideal for health/beauty (spa, nail salon, barbershop), medical/professional offices, boutique retail, or specialty concepts. Ground Floor Residential (Rear): A stylish, private 1-bedroom apartment providing strong supplemental rental income. Second Floor Residence: An expansive 3-bedroom, 1-bathroom flat featuring a spacious layout, dedicated living room, and a contemporary eat-in kitchen. Third Floor Residence: A matching, light-filled 3-bedroom, 1-bathroom residence with large proportioned bedrooms and generous living space. Can be delivered VACANT at closing-making this an exceptional opportunity for an owner-occupant looking to live virtually mortgage-free, or an investor ready to capture top-of-market rent on day one. Private Outdoor Oasis: A beautifully maintained backyard featuring an attached patio accessible from both sides of the structure-a rare luxury in the city. Bonus Full Basement: Substantial unfinished storage space with dual walk-out access, ideal for equipment, inventory, or back-of-house operations. Interior Finishes:Every residential unit has been thoughtfully upgraded with modern designer bathrooms, spacious floor plans, and sleek contemporary kitchens appointed with premium stainless steel appliances (including built-in microwaves), solid cabinetry, and durable surfaces. Location & Accessibility:Located in a welcoming, community-oriented Downtown Yonkers neighborhood surrounded by local businesses, corporate offices, healthcare facilities, dining, and transit options. Rapid access to major parkways, buses, and the Metro-North Train Station ensures seamless commuting to NYC and Westchester. A truly rare, versatile asset combining residential luxury with high-visibility commercial revenue. Solid brick, completely renovated, and primed for immediate cash flow.
Details
| MLS # | 1061385 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1914 |
| Days On Site | 24 |
| Listing Provided By | Voro LLC | Naftali Adler |
Features
| SQ Feet | 4,794 |
|---|---|
| Basement | Y |
| Zoning | B |
| Acreage | 0.06 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 9500 |
| Tax Annual Amount | 2890.58 |
Area Information
| State | NY |
|---|---|
| County | Westchester County |
| City | Yonkers |
| Zip Code | 10701 |
| Listing VS Median (in 10701) | |
Price: $1,280,000 low | high Med: $319,000 sqft: 4,794 low | high Med: 980 $ / sqft: $267 low | high Med: $326 On site: 24 low | high Med: 222 | |
Market Activity 10701
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Learn More About This Property
| State | NY |
|---|---|
| County | Westchester County |
| City | Yonkers |
| Zip Code | 10701 |
| Listing VS Median (in 10701) | |
Price: $1,280,000 low | high Med: $319,000 sqft: 4,794 low | high Med: 980 $ / sqft: $267 low | high Med: $326 On site: 24 low | high Med: 222 | |
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