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20250317
20107031

451 Old Nepperhan Ave, Yonkers, NY 10703

BC
NY NY -37CI0249273
Corporate Realty Services
Listed by Corporate Realty Services
$20,000,000
656 days on market
Updated 21 days ago

451 OLd Nepperhan Avenue

Details
Property Type Industrial, Land (+3)
Sub Type Distribution, Flex (+1)
Square Footage 110,000
Net Rentable (SqFt) 30,000
Occupancy 100%
Tenancy Multi
Lease Type Net
Lease Term 3
Remaining Term 1
Broker Co-Op Yes
Class B
Year Built 1950
Year Renovated 2011
Buildings 1
Stories 1
Acreage 2.700
Zoning Industrial
Investment Type Redevelopment
Occupancy Date 11/01/2024
Ceiling Height 25
Dock High Doors 3
Ownership LLC
Sale Condition For sale by owner

Best Development Site in Lower Westchester/Yonkers on 2.5 level acres

Marketing description

"DiscLower Westchester Development Opportunity – Rare 2.5-Acre Site

nd equDiscover a one-of-a-kind property in Lower Westchester that offers tremendous upside potential for a variety of development projects — from self-storage and low-income housing to assisted living. This site qualifies for multiple government grants and incentives and sits just minutes from New York City with convenient access to major highways and public transportation.

The 2.5-acre parcel offers builders and investors an exceptional chance to create value, with architectural approvals approaching completion and potential for more than 200 residential units. Its elevated position provides river views that lend themselves perfectly to luxury or mixed-use residential development.

With no affordable housing mandates, developers gain greater freedom in design and pricing — a rarity in Yonkers’ competitive market.

Bring your vision today and unlock the full potential of this premier Lower Westchester development site!over theThis development site at 141-10 32nd Avenue offers an exceptional opportunity for builders and investors, featuring a gt size and the potential for 47 residential units. With architectural approvals already secured, the project can move forward without delay. Its location in a gated community with park views enhances its appeal for luxury residential development, and the absence of affordable housing requirements provides added flexibility in design. This is a rare opportunity in a highly desirable area of Flushing. best development site in Lower Westchester! Currently a construction yard, this property features a 30,000 square foot building along with a separate office structure. It’s the largest site in the area, conveniently located near all major highways and roads.

This site is perfect for senior housing, retirement facilities, retail development, or multi-family units. It’s also suitable for automotive uses such as a car preparation facility, dealership, wholesale auto sales, or an auction yard for cars aip

Investment highlights

Lower Westchester Development Opportunity

Rare 2.5-Acre Site in Yonkers, NY

Presenting an exceptional 2.5-acre development opportunity in the heart of Lower Westchester—just minutes from New York City. This rare Yonkers offering combines scale, flexibility, and prime location, making it ideal for experienced developers and forward-thinking investors.

The site supports a wide range of potential uses, including residential, self-storage, assisted living, or mixed-use development. With the potential to deliver 200+ residential units and architectural approvals nearing completion, the project offers a streamlined path to execution.

Perched above its surroundings, the property enjoys expansive Hudson River views—a distinctive amenity for both luxury and mixed-income residential projects.

Key Highlights

  • 2.5 acres of developable land in Lower Westchester
  • Flexible zoning supports residential, mixed-use, or specialty uses
  • Eligibility for government grants and incentive programs
  • No affordable housing mandate—full control over unit mix and pricing
  • Strong local demand drivers in the Yonkers market
  • Minutes from Manhattan with direct access to major highways and transit
  • Panoramic river views and elevated topography
  • 2,450 Office Bldg can be leased separately for $6,500 per month

Opportunities of this scale and flexibility in Lower Westchester are exceedingly rare. Bring your vision and capitalize on the full potential of this premier Yonkers development site.

Listing Contacts

BC
NY NY -37CI0249273
Corporate Realty Services
Listed by Corporate Realty Services

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Zoning

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S-50 ResidentialSingle FamilyDetached Single Family Dwellings On 50 Foot Lots
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
WILLIAM CIANELLI
License
37C10249273
Brokerage
CORPORATE REALTY
Title
Broker of Record
Brokerage Address
455 TARRYTOWN RD, WHITE PLAINS, NY 10607
Name
bill cianelli
License
NY -37CI0249273
Brokerage
corporate realty
Title
Broker
Brokerage Address
455 Tarrytown Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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