McGrath RealtyCommercial
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For LeaseMixed UseMLS KEY1028787

123 Elm Street

Yonkers, NY · Westchester County
Listed by
Voro LLC
Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
4,794 SF
Site
0.06 acres
Year built
1914
Zoning
B

The offering

Prime Commercial Opportunity in Bustling Downtown Yonkers!

123 Elm Street, Yonkers, NY 10701

Asking: $2,000 / month

Seize an unparalleled opportunity to establish or expand your business in one of the highest-traffic commercial districts in Yonkers! This exceptional 600 sq. ft. ground-floor storefront at 123 Elm Street offers an adaptable, move-in-ready foundation with upgraded infrastructure—promising maximum visibility and strong revenue potential in a vibrant, growing neighborhood.

Property Highlights:

Turnkey Infrastructure for Specialized Businesses: Exceptionally accommodating for specialized setups such as nail salons, beauty spas, or medical/dental uses! Features:

Multiple existing water lines and floor drains already in place.

Abundant electrical outlets throughout the space to support high-capacity equipment.

Brand-new, updated bathroom.

Built-in private room, ideal for a dedicated office, consultation space, or oversized inventory closet.

Unbeatable High-Traffic Location: Situated in a dynamic commercial corridor with heavy daily foot traffic and strong vehicle exposure. Surrounding offices, residences, and local activity ensure a steady stream of prospective clients and customers.

Endless Commercial Possibilities: Perfectly versatile for a wide range of uses, including:

Health, Beauty & Wellness: Nail salon, hair salon, spa, barber shop, or medical/dental office.

Retail & Apparel: Boutique clothing, convenience, electronics, or specialty shop.

Professional Services & Office: Financial services, legal/real estate agency, or contractor showroom.

Community & Education: Childcare/daycare, tutoring/classes, or community space.

Food & Beverage / Hospitality: Café, bakery, takeout concept, or specialty market.

Bonus Unfinished Basement with Dual Access: Substantially expands your usable space! Includes two direct outdoor entry/exit points—ideal for secondary storage, equipment management, or back-of-house operations.

Safe, Community-Oriented Neighborhood: Provide your staff and clients with a welcoming, accessible environment that drives consistent, long-term customer loyalty.

Whether you are launching a new concept or opening a secondary location, 123 Elm Street delivers the layout, utility setup, and location needed to help your business thrive from day one.

Schedule a walkthrough!

Building & site

Interest conveyedFee simple
Gross building area4,794 SF
Building typeMixed Use
Property typeMixed Use
Year built1914
Land area0.06 acres
Land area, SF2,504 SF
WaterPublic
SewerPublic Sewer
HeatNone
Tax parcel5518001.-469-25

Zoning & permitted uses

District
B

Permitted uses are governed by the Yonkers zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Taxes & assessment

2025 taxes$2,465
Assessed value$9,500
Land assessment$2,800
Full market value$533,700
Owner of record123 Elm St Holdings LLC
School districtYonkers
Property class482 · Walk-up apt

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

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