1952 Commerce Street, Yorktown Heights, NY

$2,050,000

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About 1952 Commerce Street

This Project was conceived to fill a need for Luxury Hotel accommodations, both short term and extended stay, in Northern Westchester and is located in the town of Yorktown Heights. The rooms are a variety of one room and small suite accommodations. The 18 rooms would be charged daily or weekly to accommodate allowable use. The lobby is conceived and approved to allow for a caf , coffee house or a formal tea house open to the Public. The Rooftop is conceived and approved to allow for a restaurant or event space, open to the Public. Both areas would be leased space and income generating. This Project is approved and ready for Building Permits. This is an approved project with the Town of Yorktown. We are selling the existing property and the approvals for the Hotel. This is an amazing opportunity to capitalize on a singular vision. The price reflects the value of the existing property and the cost of the project to date to bring it to the approval stage. The current structure is completely renovated, rented, and income generating. There is an attached PDF describing the Project in full.

Features of 1952 Commerce Street

MLS® # H6310208
Price $2,050,000
Bathrooms 0.00
Acres 0.00
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1952 Commerce Street
City Yorktown Heights
County Westchester
State NY
Zip Code 10598
Adult 55+ Community No

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Other, See Remarks
Cooling Central Air
Has Basement No
Fireplace No

School Information

District Yorktown

Additional Information

Date Listed May 31st, 2024
Days on Market 20
Zoning Comm/Res
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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