An exceptional development opportunity in the vibrant Downtown Mixed-Use (DMX) zoning district of Yonkers. This 25 ft x 83 ft lot—currently operating as a
church—has received official approval for sale by the New York State Attorney General’s Office. The property is being sold AS IS, offering a rare opportunity for transformation in one of Yonkers’ most visible corridors. Whether you're envisioning residential units above ground-floor retail, a community center, or a creative mixed-use concept, this site is a blank canvas in a zoning district designed for growth.
Zoning: DMX (Downtown Mixed-Use)
- Mixed-use development permitted
- Ground-floor commercial required
- Maximum base height: 66 ft
- Tower development permitted above podium
- No specified height limit
This flexibility allows for creative, multidimensional development aligned with the evolving urban fabric of Yonkers.
50 N Broadway, Yonkers, NY, 10701
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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