288 Woodworth Ave, Yonkers, NY

$2,500,000

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5,646

Square feet

About 288 Woodworth Ave

This gut-renovated, destabilized 7-unit building is a rare investment opportunity with no rent regulations, offering maximum income potential in a rapidly growing area. The property has been upgraded with spray foam insulation, a new sprinkler system, an intercom system, a central fire alarm system, and a comprehensive security camera system, ensuring safety and efficiency. Each unit is equipped with its own Navien high-efficiency boiler, with tenants paying their own heat, hot water, cooking gas, and electricity, significantly reducing operating expenses. Located just down the block from the Hudson River and Warburton Avenue, this property sits in the heart of a booming development corridor, surrounded by major revitalization projects, new construction, and an expanding local economy. The building is currently vacant but can be delivered fully occupied, providing flexibility for an investor to set market rents or an owner-user to lease as desired. With significant exterior upgrades already completed, this turnkey asset is ideal for investors seeking long-term value and strong returns in a high-demand market. Don't miss this opportunity—schedule a viewing today! ?? For viewings, call: 347-707-3743

Features of 288 Woodworth Ave

MLS® # 837591
Price $2,500,000
Bathrooms 0.00
Square Footage 5,646
Acres 0.00
Taxes $13,050
Year Built 1960
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 288 Woodworth Ave
City Yonkers
County Westchester County
State NY
Zip Code 10701
Adult 55+ Community No

Amenities

Utilities Electricity Connected, Natural Gas Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Baseboard
Cooling None
Has Basement No
Fireplace No

Exterior

Exterior Unknown

Additional Information

Date Listed March 19th, 2025
Days on Market 29
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWinzone Realty Inc

Listing Map

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