Yonkers, NY
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The offering includes two vacant lots totaling approximately 0.51 acres. Ownership has obtained Zoning Board Approvals for a 6-story, class A climate-controlled self-storage facility comprised of 82,140 Gross Square Feet. Upon completion, the site can yield approximately 60,864 NRSF, assuming a ±28% loss factor on FLs 2-5. Notably, the design accommodates an existing utility easement requiring a minimum 15-foot clear height on the ground floor, but also contains loading areas, parking, and additional rentable space.
Prospective buyers will be responsible for obtaining Planning Board Approvals, Structural Drawings, and Building Permits, allowing them the flexibility to design the site according to their specific requirements.
Strategically located, the property offers excellent connectivity via I-87S, Saw Mill River Parkway, and Taconic State Parkway. It is set in a densely populated residential area with approximately 387,000 people living within a 5-mile radius and a self-storage market penetration of less than 5 square feet per capita within the same radius.
