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86 McLean and 2 - 6 Cornell Ave

yonkers, NY 10705

US$1,995,000

    Interested? Let's Connect

    Rare Mixed-Use Investment Opportunity! 3 Tax Lots Sold as a Package. This property includes two mixed-use buildings and a large adjacent lot at 86 McLean Avenue, 2 Cornell Avenue, and 6 Cornell Avenue, Yonkers, NY, totaling 6,360 sqft on 0.30 acres. The large, gated parking lot accommodates approximately 30 vehicles and is secured with a high-quality fence and security system. The property features 4 commercial spaces and 2 residential apartments: a 1-bedroom with small office and a 2-bedroom unit, both modern, updated, and currently owner-occupied. Three long-term tenants currently occupy the property, including an auto repair shop and a laundromat (the laundromat has a formal lease). Other tenants operate month-to-month, providing flexibility to renegotiate or renew leases. All tenants are reliable and pay rent on time. One commercial space is vacant and ideal for a variety of businesses, such as a hair/nail salon, cafe, office, or other neighborhood enterprise. Located in a high-traffic, established area with residential buildings, single-family homes, and thriving commercial businesses, the property is well-maintained by the owner, who has an engineering background. There are no violations, no open permits, and no unpaid taxes. Serious buyers only. A second showing with proof of funds or pre-approval is required to tour the residential units. A virtual tour is available on YouTube. https://youtu.be/S1l3gzQQtFI. All 2025 income, expense records and other building dept related documents are available upon request. Professional Photos Coming Soon (Due to Weather). 6 Electrical Meters and 2 Water Meters at the property.

    Details

    6,360 Sq Ft

    0.3 Private Acres Lot Size

    commercial

    US$28,600 Annual Tax

    Built in 1965

    MLS/Listing ID 968651

    6 Units

    Amenities & Features

    Parking - Storage

    Parking - Private

    Parking - Parking Lot

    Parking - Oversized

    Parking - Off Street

    Parking - Driveway

    Parking - Detached

    Parking - Common

    Lot - Restrictions

    Lot - Private

    Lot - Paved

    Lot - Corner Lot

    Heating - Other

    Heating - Electric

    Cooling - Wall/window unit(s)

    Cooling - Electric

    Heating - Radiant

    Partial

    Full

    Fenced

    Construction - Block

    Parking - Unassigned

    Cooling - Multi-split AC

    Heating - Natural Gas

    Lot - Back Yard

    Lot - Irregular Lot

    Lot - Level

    Estimate my mortgage

    TOTAL MONTHLY COST

    US$0

    • PRINCIPAL & INTEREST

      US$0

    • PROPERTY TAXES

      US$0

    • Common Charges

      US$0

    HOME PRICE
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    Interested In 86 McLean and 2 - 6 Cornell Ave?