15 School Street Yonkers, NY $ 4,250,000
15 School Street
$ 4,250,000
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15 School Street

Yonkers, NY, 10701
$ 4,250,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 26,514

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Commercial Property for sale in Yonkers, NY

for $4,250,000. This 10,000 square foot building was built in 1890 on a lot size of 0.11.

PRICE REDUCED!! GET OUT OF NEW YORK CITY! - LESS THAN 2 MILES OUT! - REDUCE OVERHEAD NOW! Here’s a great opportunity of obtain a profitable mutlifunction property with the following unique advantages: 1. Two 5,000 s/f industrial strength floors with separate semi-tractor trailer entrances on opposite sides of the block for each floor. 2. Enough power for a DATA CENTER/SERVER HUB 1.8 miles north of New York City's boundary! 3-Phase 800 amp, in-house with two Con-Ed transformers on street poles. 3. Yonkers Zoning is DM-X: Develop up to 200’ of vertical floor space (+90,000 s/f) 4. New industrial gas line for HVAC: 7-ton and 12-ton rooftop units can cool a meat locker! 5. Currently used as two TV production studios, owner is amenable to purchaser acquiring film/video equipment for a negotiable sum Seeking Residential Opportunities? Consider a DM-X zoned residential "build-up" with parking on the two lower floors. Assuming 10' floor allowance, add 18 floors of 5 apartments each. totaling 90 units! Rented at market rates of $2,000/m = $2.16M/yr. plus income from the two warehouse floors for parking. This building is also key, center, block-through property for an entire block assemblage, providing high resale value if left as-is and sold as an anchor. Recent developments by a hospital across the street, and the impending development of the “Chicken Island” block, 100’ to the north (next to City Hall), make this property is a very smart move. Come see any time from 9 to 5 Monday through Saturday. Additional Features: Two concrete, heavy duty floors capable of taking and parking commercial trucks Renovations within the last 8 years: New Con-Edison electrical installation, fire and security alarm system, HVAC system including boiler and two roof-top A/C units. New sewer and sump pump with maceration New roof surface - walk-on capable

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Commercial Active

Price

$ 4,250,000

Property Type

Commercial

Taxes

$ 3,710

Style

Industrial

Lot Size

0.11

Year Built

1890

Town/City

Yonkers

County/Region

Westchester

MLS | Web ID

876164

Features
General
Sewer Public Sewer
Heating Baseboard Forced Air Natural Gas
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Trash Collection Private Water Connected
Appliances Convection Oven Cooktop Dryer Electric Oven Electric Range Exhaust Fan Freezer Gas Cooktop Gas Oven Gas Range Ice Maker Microwave Refrigerator Washer Gas Water Heater
Zoning D-MX
Security Features Building Security Fire Alarm Fire Sprinkler System
Construction Materials Batts Insulation Block Brick Stone Stucco
Exclusions 5% gross commission 3% to Seller's Agent 2% to Buyer's Agent
Year Built 1890
Electric Three Phase
View City
Stories Count 2
Property Subtype Industrial
Tax Year 2025
Parcel Number 1800-001-000-00482-000-0018
Business Type Other
Building Name Velocity Media Studios
Accessibility Accessible Approach with Ramp Accessible Common Area Accessible Doors Adaptable Bathroom Walls Visitor Bathroom
County Westchester County
Property Type Commercial Sale
Building Features Bathrooms Built-in-Features High Speed Internet Lobby Mailbox Overhead Door(s) Signage Included Storage Walk Up
Directions Google the address for directions. Best approach is going East on Nepperhan and making a right turn into School Street (one way - South).
City Yonkers
Disclosures None
Number Of Units Total 1
Property Attached Y/N Y
Tax Annual Amount 3710.04
Showing Instructions Call during working hours to arrange showing by full-time resident super.
Property Condition Actual Updated/Remodeled
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 16400
Tax Lot 1.-482-18
Cap Rate 11
Year Built Effective 2021
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Interior
Basement Finished Full See Remarks Walk-Out Access
Flooring Concrete
Total Stories 2
Basement Features Finished Full See Remarks Walk-Out Access
Basement (Y/N) Y
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Exterior
Fencing None
Parking Features Off Street Private Underground Off Street Private Underground
Water Source Public
Inclusions Zoned D-MX up to 200' vertical residential housing allowed Roof access Electric Power Management (800a. 3p) mascerating sump pump 2 rooftop A/Cs New Boiler
Foundation Details Brick/Mortar Concrete Perimeter Stone
Building Area Total 10000
Waterfront Y/N N
Road Frontage Type Municipal See Remarks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 15
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* Excluded Features
List By
George H. Avgerakis

Listing Agent

Coldwell Banker Realty

Broker

914-693-5476

Contact

Affordability Calculator

$26,824
Per Month
99%
1%
0%
Monthly Principal & Interest
$26,514
Monthly Property Taxes
$309
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$4,250,000 -15.00% Price Down
6/26/2025$5,000,000 Listed Price

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15 School Street, Yonkers, NY, 10701 is a Commercial Property for sale at $4,250,000 with 10,000 sqft and a lot size of 0.11. 15 School Street was built in 1890. The property's zip code is 10701 which is in Yonkers, NY