Industrial Properties in Yonkers, New York, offer a unique investment opportunity for those looking to capitalize on the city's strategic location and growing economy. As a key component of the New York metropolitan area, Yonkers provides access to a diverse range of industries, including manufacturing, transportation, and recreation. Industrial Properties in Yonkers can represent a variety of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. With its proximity to New York City and major transportation hubs, Yonkers is an attractive location for businesses seeking to establish a presence in the region. The city's infrastructure, including the Yonkers Public Schools system, Westchester Community College, and the Westchester County Bee-Line Bus System, provides a solid foundation for businesses to operate and grow. Additionally, Yonkers' geography, with its hills and waterfront along the Hudson River, offers a unique and attractive environment for businesses and residents alike. The city's attractions, such as Tibbetts Brook Park, Untermyer Park and Gardens, and the Hudson River Museum, also make it an attractive location for businesses seeking to establish a presence in the region.
With 2 Industrial Properties for sale in Yonkers, investors have a range of options to choose from. These properties offer a unique opportunity to capitalize on the city's growing economy and strategic location. In addition to Industrial Properties, Yonkers also offers a range of other property types, including Warehouses, which provide ample space for storage and distribution; Land, which offers opportunities for development and growth; Apartment Buildings, which provide a steady stream of income; and Commercial Real Estate, which offers a range of opportunities for businesses and investors. Each of these property types offers a unique set of benefits and opportunities, and investors would do well to consider the city's overall landscape when making a decision. With its diverse economy, strategic location, and range of property types, Yonkers is an attractive location for businesses and investors seeking to establish a presence in the region.
What is the average price per square foot for industrial properties in Yonkers?
The average price per square foot for industrial properties in Yonkers is $326 USD per square foot, with 2 available listings ranging in size from 17,906 square feet to 99,835 square feet, and an average cap rate of 6%.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Yonkers, as proximity to major transportation hubs, highways, and amenities can increase property values and attract businesses.
- Industrial properties located near major transportation facilities, such as the Metro-North Railroad stations, the Saw Mill River Parkway, and the Cross County Parkway, tend to have higher values due to the ease of access to Manhattan and other major areas in the region.
- The presence of amenities like the Hudson River, Tibbetts Brook Park, and Untermyer Park and Gardens can also increase property values, as they provide a desirable environment for businesses and employees.
- Furthermore, industrial properties with easy access to the New York State Thruway and other major highways can command higher prices due to the convenience of transportation and logistics for businesses operating in the area.
