Overview

Key Highlights

  • Price $500,000
  • Lot Sq. Ft. 4,143
  • Buildable Sq. Ft. 12,429

Investment Highlights

Ariel Property Advisors presents 400 Riverdale Avenue in Yonkers, NY. The shovel-ready development site provides new ownership with the opportunity to build a 12,500 sq. ft. mixed-use structure on a 4,000 sq. ft. lot in the desirable neighborhood of Ludlow. The subject property is located on a major retail thoroughfare in a highly residential neighborhood that doesn’t see much new construction product.

The area has a lot of attractions for potential future tenancy. Easy access to NYC with the Ludlow Metro North stop is a short distance away, as well as the 8-bus line running up and down Riverdale Avenue. The property is also surrounded by schools, parks, restaurants, bars, national and local retails, and a police station is down the block.

Yonkers is a growing community with lots of desirable attractions for its residents and some of the best-rated schools in the region. The ease of transportation and affordability truly positions Yonkers and this property at the forefront of the up-and-coming areas.

Location

Our Team

Alexander Taic

Alexander Taic

Michael Tortorici

Michael Tortorici

Founding Partner
Ariel Property Advisors

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