Yonkers, New York 10705
Type: Commercial/Land
Price: $1,700,000
Taxes: $14,016
Sqft: 16,117
Rare Yonkers Investor/Developer Opportity! Bring your vision to 127 Downing Street, a rare oversized parcel in Yonkers offering ~16,117 sq. ft. (0.37 acres) of land with existing 2,450 sq. ft. single-family home (built 1915). The true value here is in the land and its future potential. Whether you’re considering a multi-it build-out, boutique rental/condo project, or subdivision for new construction, this property provides the canvas for your next high-upside investment. Lot & Zoning: Oversized compared to area averages, creating flexibility for creative build-out Residential zoning; buyers to verify potential uses with City of Yonkers Planning/Zoning Existing structure primed for teardown or redevelopment Why This Property: Situated in one of Westchester’s fastest-growing markets, with strong buyer and renter demand Proximity to Metro-North makes commuting to Manhattan a breeze (20–25 minutes to NYC) Minutes to I-87, Saw Mill River Pkwy, Bronx River Pkwy, and local shopping/dining Near Getty Square revitalization, Hudson River waterfront redevelopment, and new infrastructure investments driving neighborhood growth Yonkers continues to see surging values, strong comparable land/tear-down sales, and a steady pipeline of residential development Investor Highlights: Value is in the land – rare opportity for scale in a revitalizing corridor Large, flexible lot size compared to surroding parcels Surroded by residential demand drivers: schools, parks, transit, retail, and the Hudson River Strong rental absorption with continued demand from commuters seeking affordability near NYC As-Is sale – seller makes no representations, buyer to perform due diligence This is not just a property – it’s a strategic land play in a market positioned for long-term growth. Opportities of this size and location are increasingly hard to find in Yonkers. Don’t miss the chance to secure your foothold in one of Westchester’s most dynamic real estate markets.
