289 Warburton Avenue

Yonkers, NY 10701

$1,775,000
Price
11,761 / 0.27
Lot Size / Acres

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

View
Water
Development Status
Permit Approval
Waterfront
No
LISTING UPDATED: 11/13/2024 12:24 PM

Property Details for 289 Warburton Avenue

StatusPending
MLS #H6314116
Days on Market144
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
  • Directions: Warburton Ave between Lamartine Ave and Union Pl.
  • State Or Province: NY
School Information
  • School District: Yonkers
  • Elementary School: Yonkers Early Childhood Academy
  • 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 Assessed Value: $8,600.00
  • Additional Fees: 0
Interior and Exterior Features
Interior Features
  • Amenities: Fenced, Public, Water View
  • Location Amenities: Fenced, Fenced Yard, Scenic View, Water View
Exterior Features
  • Exterior Property Features: Fenced, Level, Rolling Slope, Views, Part Wooded
  • Elevation Certificate: No
  • Fencing: Fenced
  • Road Frontage Type: Municipal
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Level,Rolling Slope,Views,Part Wooded
  • Current Use: Residential,Multi-Family
  • Site Features: Level, Rolling Slope, Views, Part Wooded
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Trash Collection Public

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
Public - PK to 6
Public - 7 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
School 9
PublicPK to 6

Barack Obama School for Social Justice
Public7 to 12

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.

Neighborhood Map and Transit

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Listing Courtesy of Houlihan Lawrence Inc.

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