439 Nepperhan Avenue, Yonkers, NY, 10703 | $1,300,000

439 Old Nepperhan Avenue at the corner of Roberts Avenue presents a rare opportunity to acquire both a fully operational auto body business and the real estate together in one package. Properties with long-standing automotive use and established commercial functionality are becoming increasingly difficult to find, especially those with grandfathered auto body shop status already in place. This offering allows a buyer to step directly into an active business location with existing infrastructure and operational continuity already established. The property has been utilized as an auto body shop and continues to operate today, creating immediate potential for an owner-operator, investor, or automotive professional seeking an established location. The grandfathered use is a major advantage, providing value that can be difficult to replicate through new approvals and zoning processes. For many buyers, securing a property with existing automotive permissions already attached can save substantial time, expense, and uncertainty. The building is serviced by natural gas and electric utilities, supporting the operational needs of the business. Air conditioning is currently provided through window units. The layout offers functional space for automotive repair, body work, painting, storage, equipment, and day-to-day operations. Its existing setup allows the next owner to continue operations with minimal interruption while also offering the flexibility to modernize or customize the facility over time. Positioned on a visible corner location at Old Nepperhan Avenue and Roberts Avenue, the property benefits from steady traffic exposure and accessibility. The surrounding area supports a mix of commercial and residential activity, helping provide consistent visibility for the business. Locations with this type of established automotive presence are increasingly limited throughout the region, making this an opportunity with both operational and long-term real estate value. Whether you are expanding an existing automotive business, launching your own operation, or seeking an investment property with a specialized commercial use already in place, 439 Old Nepperhan Avenue offers a unique combination of business, building, and grandfathered zoning advantage all in one acquisition. You can also sell and buy salvage cars.

Features

  • Property Type: Industrial
  • Construction: Block
  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected
  • Parking: 10-car
  • Levels: 1
  • Heating: Electric, Hot Air, Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Year Built: 1957
  • Acreage: 0.12
  • Est. Taxes: $7,646
  • School District: Yonkers
  • MLS#: 1003467
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/1003467/439nepperhanavenue_yonkers_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker Realty   Phone: 914-245-3400

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Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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439 Nepperhan Avenue, Yonkers, NY, 10703

$1,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,040,000 $1,040,000 $1,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $637 $637 $637
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,824 $6,319 $8,706
Total Monthly Payment $6,586 $7,081 $9,468

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.