289 Warburton Avenue

Yonkers, NY 10701

$1,775,000
Price
11,761 / 0.27
Lot Size / Acres
a front view of a building with street
a front view of a building
front view of a building
an outdoor view of garden
a view of a yard
a white house with a yard and wooden fence
an aerial view of residential house with outdoor space and trees all around
an aerial view of a city with lots of residential buildings
an aerial view of house with outdoor space and lake view
an aerial view of a city
an aerial view of residential houses with outdoor space
a view of outdoor space yard and balcony
a view of outside space
a picture of a window

Description

This is your chance to get in on the Yonkers development BOOM! Location: The lot has a prime location with 100 feet on Warburton Ave and an additional 25 feet on Woodworth Ave, providing convenient access and potentially enhancing attractiveness. Approval and Development: The site is fully approved for a 36-unit apartment building, which streamlines the development process and reduces uncertainty for investors. Proforma of over $840,000 per year net income! Building Features: The planned building...This is your chance to get in on the Yonkers development BOOM! Location: The lot has a prime location with 100 feet on Warburton Ave and an additional 25 feet on Woodworth Ave, providing convenient access and potentially enhancing attractiveness. Approval and Development: The site is fully approved for a 36-unit apartment building, which streamlines the development process and reduces uncertainty for investors. Proforma of over $840,000 per year net income! Building Features: The planned building will be high efficiency, running on electric power, which aligns with modern sustainability trends. Tenants will be responsible for paying their own utilities. Parking: The property offers two levels of on-site parking, totaling 36 spaces. Sufficient parking is a crucial factor for urban developments and can add substantial value. Affordable Housing: The inclusion of one affordable rental unit, as required by the City of Yonkers, not only meets regulatory requirements but also supports community inclusivity. Proximity to Transit: With a distance of only 0.07 miles to the Metro North Station, the site offers excellent access to public transportation, appealing to commuters and enhancing the property's marketability. View and Surroundings: Apartments at the rear of the building will boast views of the Hudson River, which can be a major renting point for potential tenants seeking attractive living environments. Development Potential: The presence of at least six other new development sites in the area underscores Yonkers' growth and the attractiveness of investing in this location. Don't miss your chance. Building and site plans available to view.
  1. Listed by Jeffrey Landsman • Houlihan Lawrence Inc.
    P: (914)-368-4500 C: (917)-859-0331 JLandsman@houlihanlawrence.com

Property Details for 289 Warburton Avenue

Township
Yonkers
View
Water
Zoning Description
Other
Development Status
Permit Approval
LISTING UPDATED: 08/12/2024 10:33 AM

Property Details for 289 Warburton Avenue

StatusActive
MLS #H6314116
Days on Market119
Taxes$9,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.27 AC
CountyWestchester County

Building Information for 289 Warburton Avenue

Lot Size0.27 AC

Property Information for 289 Warburton Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: Warburton Ave between Lamartine Ave and Union Pl.
  • Location Description: Residential
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Yonkers
  • Elementary School District: Yonkers
  • Elementary School: Yonkers Early Childhood Academy
  • Middle Or Junior School District: Yonkers
  • Middle Or Junior School: Yonkers Middle School
  • High School District: Yonkers
  • High School: Yonkers High School
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 1800-002-000-02116-000-0040
  • Tax Map Number: 1800-002-000-02116-000-0040
  • Tax Assessed Value: $8,600.00
Interior and Exterior Features
Interior Features
  • Amenities: Fenced, Public, Water View
  • Location Amenities: Fenced, Fenced Yard, Water View
Exterior Features
  • Exterior Property Features: Fenced, Level, Part Wooded, Rolling Slope
  • Elevation Certificate: No
  • Fencing: Fenced
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • ViewYN: Yes
Lot Information
  • Lot Features: Level,Part Wooded,Rolling Slope
  • Site Features: Level, Part Wooded, Rolling Slope
Utilities
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Available,Sewer Available

Public Records for 289 Warburton Avenue

Taxable ValueLand$4,000Additions-Total$4,000
Tax Record2020$2,332 ($194 / month)
Home Facts
Lot Size6,534 SqFtStyleCommercialZoningACountyWESTCHESTERAPN551800 2.-2116-40

Schools near 289 Warburton Avenue

This home is within Yonkers City School District.
Rating
School
Type
Grades
Distance
School 9
Public - PK to 6
Palisade Preparatory School
Public - 7 to 12
Mlk Jr High Tech And Computer Magnet School
Public - PK to 8
Gorton High School
Public - 9 to 12
Rating
School
Distance
School 9
PublicPK to 6

Palisade Preparatory School
Public7 to 12

Mlk Jr High Tech And Computer Magnet School
PublicPK to 8

Gorton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 289 Warburton Avenue, Yonkers, NY 10701

289 Warburton Avenue is a 0.27 ac of land for sale in Yonkers, NY 10701. This property was listed for sale on June 21, 2024 by Houlihan Lawrence Inc., it's currently listed at $1,775,000. This listing's school district is Yonkers City School District. Nearby schools include School 9, Palisade Preparatory School and Mlk Jr High Tech And Computer Magnet School. 289 Warburton Avenue is a 0-bed, 0-bath, 0.27 ac of land on a 11,761 sq. ft. / 0.27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Houlihan Lawrence Inc.

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