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For SaleOfficeMLS KEY966605

1981 Central Park Avenue

Yonkers, NY · Westchester County
Listed by
Besmatch Crosswest Group Corp.
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
7,600 SF
Site
0.89 acres
Price / SF
$592
NOI
$399,950
Year built
1985
Zoning
BR
Stories
2

The offering

Westchester County NNN Tenant. Strategically positioned along one of Westchester County’s most established commercial corridors, 1981 Central Park Avenue is a two-story 7,600 SF commercial office property situated on approximately 0.89 acres in the highly trafficked Central Park Avenue submarket of Yonkers.

Originally constructed in 1985 and updated around 2010, the building features two full floors with a separate entrance to the second level, elevator access, and flexible layout options suitable for single or multi-tenant occupancy.

The property is leased on a Triple Net (NNN) basis, providing investors with a stable income stream while minimizing landlord responsibilities. Additional highlights include 43 on-site parking spaces, a recently paved and re-striped parking lot, upgraded AC systems, and a prominent pylon sign offering strong street visibility and branding exposure along Central Park Avenue.

The site benefits from exceptional vehicular traffic and immediate access to the Bronx River Parkway, I-87 (NYS Thruway), and the Cross County Parkway. Surrounded by national retailers, medical offices, and service-oriented businesses, this offering presents an attractive opportunity for investors seeking a well-located NNN asset in a supply-constrained infill corridor.

Building & site

Interest conveyedFee simple
Gross building area7,600 SF
Building typeOffice
Property typeOffice
Year built1985
Stories2
Land area0.89 acres
Land area, SF38,783 SF
WaterPublic
SewerPublic Sewer
HeatNatural Gas
Tax parcel5518004.-4385-30.41
Usable area7,600 SF
Electric utilityCon-Edison
Distance to train2.7 mi

Zoning & permitted uses

District
BR

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

Income & tenancy

Gross income (as reported)
$399,950

Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.

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$73,451
Assessed value$63,300
Land assessment$27,900
Full market value$3,556,200
Owner of recordElite 29 Construction LLC
School districtYonkers
Property class464 · Profssnl off

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

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