HOT PROPERTY
Hot Property: Yonkers
Property: 65 Main St, Yonkers
Brokered By: Bernard Stachel; Tamerlain Realty (914) 637-0800 Ext. 14
Description: This four-story brick building with a full basement offers 4,000 sq. ft. per floor, 11-12′ ceilings throughout, and original architectural details. The three upper-most floors are rented as residential, full-floor lofts, and are currently rented on a month-to-month basis. The hardware store on the ground floor is owner occupied and can vacate upon sale if necessary. The ground floor is window-laden and has potential to become a restaurant. The building is located on a corner, just two blocks from the Metro-North Station
Selling Point: Great fixer-upper with low taxes—just $23,000 per year. Close to train station; 25-minute train ride to Manhattan. Walking distance (within a block or so) from river park, DMV, Citibank, Verizon cable store, Chase, Key Bank, Peter Kelley’s X2O, Dolphin, Belle Havana, new residential buildings, and Yonkers Brewing Co.
Downside: The building’s elevator shaft does not work.
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