Property Description
LC Realty and Argus Self Storage Advisors, as the exclusive agents, are pleased to present a premier self-storage development opportunity located at 1270 Saw Mill River Road, Yonkers, NY, in Westchester County.
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.
For further details about this unique investment opportunity, please contact LC Realty.
Request Offering Memorandum
Property Details
Property Name:
Yonkers Development Site
Address:
1270 Saw Mill River Road, Yonkers, NY, USA
County:
Wetchester
Acreage:
0.51
Gross SF:
60,680
Rentable SF:
40,709
Total Units:
N/A
Buildings:
1
Year Built:
N/A
Investment Highlights
Self Storage Development Opportunity
Site Plan Approvals for a 6-Story Class A Self Storage Facility
60,680 Gross SF | Approx. 42,338 Net Rentable SF
0.51 acre
387,000 population within 5 miles | <5 SF per Capita
Excellent visibility and frontage on Saw Mill River Road
Contact Brokers:
Edan Cohen
646-630-8511