Yonkers, NY
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The offering includes two vacant lots totaling approximately 0.51 acres. The property comes with Site Plan Approvals for a 6-story, climate-controlled self-storage facility featuring 60,680 Gross Square Feet. It is designed to provide 42,338 Net Rentable Square Feet, assuming a 25% loss factor on floors 2-5. Notably, the design accommodates an existing utility easement requiring a minimum 15-foot clear height on the ground floor.
Prospective buyers will need to secure Construction Documents and Building Permits independently.
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.