Commercial Property Opportunities in Yonkers Today

What’s the first thing that comes to mind when you hear about Yonkers? For many, it’s proximity to New York City, cultural diversity, or even its reputation as one of the fastest-growing urban hubs in the state. But behind the skyline and the hustle, there’s a thriving market that often flies under the radar: commercial real estate. Investors, entrepreneurs, and developers are increasingly looking north of Manhattan for their next move—and Yonkers has quickly become one of the hottest spots to watch.

In fact, demand for Commercial Property For Sale In Yonkers has steadily risen thanks to redevelopment projects, transit improvements, and population growth. Whether you’re an investor seeking steady cash flow, a business owner searching for the right storefront, or someone exploring multifamily opportunities, Yonkers is worth a closer look.

Yonkers: where the skyline is changing as fast as the market

Why Yonkers is Gaining Attention

Yonkers isn’t just New York’s fourth-largest city—it’s a city in transformation. Once seen mainly as a commuter town, Yonkers has reinvented itself into a business and cultural hub in its own right.

Some driving factors behind its growth include:

Strategic Location: Just minutes from Manhattan, with easy access via Metro-North and highways.
Waterfront Redevelopment: The Hudson River revitalization has spurred retail, office, and residential growth.
Business Incentives: Tax breaks, grants, and investment-friendly policies designed to attract businesses.
Diverse Population: A large and growing workforce that supports a range of industries.

Yonkers offers opportunities that combine affordability with access, a mix rarely found so close to New York City.

Aerial view of new residential and commercial developments along the Yonkers waterfront, showcasing modern buildings facing the Hudson River with Manhattan visible in the distance.

Yonkers is redefining its waterfront — growth, access, and investment all in one view.

Types of Commercial Properties Available

If you’re considering diving into the Yonkers market, it’s helpful to understand what’s actually available. The city’s property landscape is diverse, offering a wide range of options to match different investment strategies.

Retail Spaces
Ideal for restaurants, boutiques, and service-based businesses seeking high foot traffic.
Office Buildings
Both modern and historic office spaces are available, especially in downtown and waterfront areas.
Industrial Properties
Warehouses and distribution centers benefit from Yonkers’ transportation links.
Mixed-Use Developments
Increasingly popular as investors aim to maximize both residential and commercial rental income.
Multifamily Units
A strong contender for those exploring residential rental income alongside commercial ventures.

It’s not unusual to find listings that blur these categories, such as retail-residential hybrids that appeal to both investors and developers.

Mixed-use commercial building in Yonkers with retail shops on the ground floor and apartments above.

Coffee shop downstairs, tenants upstairs — classic Yonkers blend.

Multifamily Properties in the Mix

In recent years, Yonkers has seen an uptick in interest in multifamily investments. As housing demand continues to outpace supply in the greater New York area, multifamily assets have become a strategic choice.

Investors often search for Multifamily Property For Sale Near Me only to realize Yonkers offers strong returns compared to Manhattan or Brooklyn. The city provides the dual benefit of affordability and proximity, creating a sweet spot for cash flow.

For those new to the space, working with Multifamily Investment Real Estate Brokers In Yonkers can help identify properties that align with budget, risk tolerance, and long-term goals.

On August 7, 2025, a significant multifamily portfolio transaction was completed in the Yonkers market, involving five properties located at 89 Maple Street, 91 Maple Street, 95 Maple Street, 27 Garfield Street, and 35 Garfield Street. The portfolio was acquired by Nathan Korn from seller Richard Youm for $5,200,000, representing a substantial investment in income-producing residential assets. The transaction encompassed 31 total units across the five properties, yielding a price per unit of $167,741 and delivering an attractive capitalization rate of 9.3%. The deal was successfully brokered by Michael Nukho and Lukasz Przybylek of NuRealty Advisors, who facilitated this multi-property acquisition that demonstrates strong investor confidence in the Yonkers multifamily market. This portfolio acquisition represents a strategic investment opportunity, combining multiple contiguous or nearby properties to create economies of scale and operational efficiencies for the new owner.

$5.2M multifamily portfolio deal in Yonkers: 31 units across five properties, brokered by NuRealty Advisors, marks strong investor confidence.

Comparing Yonkers to Other New York Investment Hubs

How does Yonkers stack up against nearby markets? The table below highlights some key comparisons:

Feature	Yonkers	Manhattan	Brooklyn
Average Price per Sq. Ft.	Lower than NYC core markets	Highest in the state	High, but slightly below Manhattan
Accessibility	20-30 min train to Manhattan	Central hub, direct connections	Good subway coverage
Rental Yields	Competitive, often higher	Lower due to high purchase price	Moderate, with strong demand
Development Activity	Rising, with waterfront focus	Saturated	Steady but costly

This comparison shows why many investors are leaning toward Commercial Property For Sale In Yonkers instead of pricier NYC neighborhoods.

Aerial view of New York City showing the Manhattan skyline, Financial District skyscrapers, rivers, and bridges with nearby boroughs visible.

Manhattan towers command the spotlight — but Yonkers offers the smarter buy just up the Hudson.

Benefits of Investing in Yonkers

1. Affordable Entry Point

Compared to Manhattan and Brooklyn, Yonkers offers lower acquisition costs, making it an appealing option for first-time or mid-level investors.

2. Transit Connectivity

With multiple Metro-North stations, buses, and highway access, Yonkers provides seamless connectivity to New York City and beyond.

3. Growing Consumer Base

A population exceeding 200,000 ensures a steady demand for goods, services, and housing.

4. Diverse Investment Options

From retail to Multifamily Investment Properties For Sale In New York, Yonkers caters to varied investor appetites.

5. Long-Term Growth

As the city continues revitalization efforts, property values and rental incomes are projected to rise steadily.

Real estate investors meeting with brokers in a Yonkers office setting.

Numbers matter, but so does who’s on your team.

Challenges to Consider

While Yonkers is promising, investors should weigh challenges as part of their due diligence:

Property Taxes: Higher than some neighboring markets.
Competition: Increased investor attention can push prices upward.
Zoning Rules: Restrictions may affect redevelopment opportunities.
Market Volatility: Though resilient, Yonkers is not immune to broader economic shifts.

Understanding both opportunities and risks ensures smarter decision-making when evaluating Commercial Property For Sale In Yonkers.

Steps to Start Your Search

Getting started in the Yonkers commercial market doesn’t have to feel overwhelming. Here’s a practical breakdown:

Define Goals – Decide whether you’re after cash flow, appreciation, or a mix.
Choose Property Type – Retail, office, industrial, or multifamily.
Research Market Trends – Study vacancy rates, rental yields, and neighborhood dynamics.
Secure Financing – Pre-approval strengthens your negotiating position.
Work with Local Experts – Partner with firms like NuRealty Advisors who specialize in investment properties in Yonkers and beyond.
Conduct Due Diligence – Inspections, zoning compliance, and financial audits are essential.
Negotiate and Close – A carefully structured deal can make or break your return.

Frequently Asked Questions (FAQ)

Q1: Is Yonkers a safe bet for long-term investment?
Yes. Yonkers continues to see steady growth and infrastructure improvements, which support long-term stability.

Q2: How does Yonkers compare to New Jersey markets?
While New Jersey offers affordability, Yonkers wins on proximity and transit access to Manhattan.

Q3: What types of tenants dominate Yonkers commercial spaces?
A mix—retail, small businesses, healthcare providers, and growing interest from creative industries.

Q4: Can I find multifamily options alongside commercial listings?
Absolutely. Many investors pursue hybrid properties that combine commercial storefronts with residential units.

Q5: Do I need a broker to buy in Yonkers?
Not legally, but working with professionals like NuRealty Advisors streamlines the process and minimizes risks.

NuRealty Advisors: Your Yonkers multifamily experts.

Looking Ahead

Yonkers’ trajectory makes it more than just a satellite city. Its revitalization, combined with affordability and accessibility, creates a unique investment environment. For anyone evaluating Commercial Property For Sale In Yonkers, the opportunity to secure value today with strong upside potential is real.

If you’re ready to explore, partnering with experienced advisors like NuRealty Advisors can help align your goals with the right property choices. As with any market, patience, research, and guidance are key to unlocking long-term gains.

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