Yonkers, NY

SOLD: 44-50 Warburton Ave

– SOLD – CLICK HERE FOR MORE EXCLUSIVE INVESTMENT OPPORTUNITIES

Historic investment property for sale in Yonkers Opportunity Zone.

Four buildings, 44, 46, 48 & 50 Warburton Avenue, include seven renovated loft residential rental units + 5,500 square feet of neighborhood retail space.

This award-winning historic preservation is located in the Philipse Manor Historic District, one block from the new 442-unit Sawyer place.  In the heart of emerging downtown Yonkers, 44-50 Warburton Avenue is part of the dynamic revitalization of Yonkers’ historic waterfront.

The buildings are within walking distance to the Yonkers Metro North train station, with only a 25-minute commute to Midtown Manhattan.  The property is located across the street from a new, 300-space municipal parking garage at 45 Warburton Avenue.

There are over 1,700 existing residential units within blocks of the subject property; more are planned.

44-50 Warburton Avenue is within the Yonkers Business Improvement District (BID), which has promoted and sponsored Sidewalk Sales, Music in the Square, Yonkers Riverfest, Main Street Films @ Dusk, Jazz, Blues and more at Dusk on the Yonkers Waterfront, Winterscape on North Broadway, Yonkers Downtown International Restaurant Week, Evolution Arts, River Day, and art and photography exhibitions.

The property is also located within a Yonkers Opportunity Zone.  The recently enacted Opportunity Zone program encourages long-term capital investment by deferring federal taxes on capital gains.

To find out more about other investment properties, contact Jonathan Gordon, President/CEO.