Deborah B. Pridgen
Licensed Associate Real Estate Broker
Certified Residential Specialist, CBR: Certified Buyers Representative, E-PRO, Equal Housing Opportunity, Seniors Real Estate Specialist, Coldwell Banker President's Circle
Liverpool, NY
Cell: (315) 427-7905 Office: (315) 622-0161 Fax: (315) 652-3979
social icon social icon social icon 

994 Mclean Avenue, Yonkers, NY 10704

New
View Full Photo Gallery

Property Description

994 McLean Avenue presents a rare opportunity to acquire a fully occupied, capital-improved mixed-use building on one of southeast Yonkers' most heavily trafficked retail corridors, with immediate owner-user optionality and a clear path to increased market rents.The ground-floor commercial storefront was taken down to the studs about eight years ago and rebuilt with a new storefront, updated plumbing, updated electrical, updated sewer lines, forced-air heating, and central air conditioning. The current occupant has no written lease and operates month-to-month, giving a purchaser complete flexibility to occupy the space directly after closing, or reset the rent to market. In a submarket where quality storefront inventory rarely trades, that optionality carries real weight.Two residential apartments round out the rent roll. The rear ground floor residence pairs a bright living room and kitchen with a private bedroom and bath, opening through a rear door to an (optional) paver backyard, an amenity almost never found at this price point along McLean Avenue.The top-floor residence is the larger of the two, with a front living room, separate eat-in kitchen, hardwood floors, and a central hallway serving the three bedrooms and one full bath. Both units run high-efficiency electric baseboard heat with individual room thermostats, and tenants pay all utilities.Gross operating expenses of $17,200 are offset by $5,160 in commercial tenant reimbursement, leaving net owner expenses of $12,040 against $85,800 in gross under-market rental income. With windows, the roof, mechanicals, and the hot water heater recently addressed, near-term capital exposure is limited.What really sells this property is its location. McLean Avenue delivers consistent day-and-night foot traffic and a dense surrounding residential and commercial base. This area is home to 10 late-night bars and restaurants, thus creating a 24-hour business opportunity in the storefront. The Nereid Avenue subway is approximately 0.6 miles away, Metro-North is 0.7 miles away, and the site offers direct access to the Major Deegan Expressway and Bronx River Parkway. The building has public water and sewer service.Rent roll, lease, and expense details are available after e-signing the non-disclosure agreement. All square footage is based on digital measurements; the buyer and buyer's agent must verify independently. Photos have been virtually enhanced for optimized furniture layout.

994 Mclean Avenue | MLS# 1039239

This commercial property located at 994 Mclean Avenue, Yonkers, NY 10704 is currently listed for sale with an asking price of $1,349,000. Mclean Avenue is located within the Yonkers school district. Search Yonkers real estate on deb-pridgen.coldwellbankerprime.com today.

Gallery

Property Features

Property Type: Commercial - Multiple
Basement: Storage Space
Cooling: Central Air, Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.04 Acres
Stories: 2.0
Taxes: $12,200
Year Built: 1927

Feature Descriptions

Appliances: Gas Range, Refrigerator
Building Area Total: 2660
Building Features: Walk Up
Business Type: Food & Beverage
Cap Rate: 5
Common Walls: 2+ Common Walls
Days on Site: 5
Electric: 120/240 Volts
Exterior: Brick
Fencing: Back Yard, Full, Wood
Flooring: Hardwood, Tile, Vinyl
Heating Zones: 6
Inclusions: All light fixtures and appliances.
Lot Features: Back Yard, Near Public Transit, Private
On Market Date: 2026-08-16
Parcel Number: 1800-006-000-06244-000-0027
Parking Features: None
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Units: 3
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: Yonkers (School Choice)
Middle School: Yonkers (School Choice)
Elementary School: Yonkers (School Choice)
School District: Yonkers

Demographics

Listed By / Shown By

Listing By

Agency Name: eRealty Advisors, Inc
Agency Contact: 914-712-6330

Shown By

Agent Name: Deborah B. Pridgen
Agent Phone: (315) 427-7905 Cell
Agency Title: Coldwell Banker Prime Properties

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/21/2026. The listing information on this page last changed on 08/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/21/2026 10:18:37 AM EST) or Global MLS (last updated Fri 08/21/2026 10:08:13 AM EST) or New York State Alliance MLS (last updated Fri 08/21/2026 10:15:12 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 08/21/2026 10:11:36 AM EST) or Berkshire MLS (last updated Fri 08/21/2026 10:13:12 AM EST) or OneKey MLS (last updated Fri 08/21/2026 10:14:28 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



C.B. Prime Properties, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

Homestead Funding Corp. Company NMLS# 3232. Equal Housing Lender. State Licensing Information

Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.


Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder