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2 Mill St
Yonkers, NY 10701
SOYO Lofts · Immeuble residentiel Bien À vendre
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26 Lots
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 3 blocks to Metro North and under 30 minutes to Grand Central
- Resident lounge / conference area / fitness room
- Authentic brick-and-beam character
Résumé analytique
Lee & Associates NYC is pleased to present exclusively for sale two mixed-use buildings located at 2 Mill Street and 12-14 North Broadway, Yonkers, NY 10701 (the “Properties” or the “Portfolio”). Located in the historic Statesman and McCann buildings, SOYO Lofts consists of 25 residential lofts, as well as ground floor commercial space. The structure dates to about 1914 and has been converted to loft style apartments with high ceilings, large windows, in unit laundry, tenant controlled HVAC, and access to shared amenities such as a lounge, conference area, and fitness room. Mercantile Lofts at 12–14 North Broadway is a mixed-use loft conversion of a former commercial building originally built around 1965. The property contains approximately eight residential loft units above a ground floor commercial component.
Both properties are currently operating below market rents, presenting a clear opportunity to drive revenue through strategic rent increases, improved revenue management, and targeted unit upgrades. The oversized unit layouts, particularly at North Broadway, provide additional upside through reconfiguration and optimization of bedroom counts. At the same time, the Portfolio benefits from stable, in-place cash flow, offering a balanced profile of current income and future growth. Overall, the Portfolio represents a compelling opportunity to acquire well-located assets in a rapidly growing commuter market with direct access to New York City and meaningful potential for revenue growth.
25 loft apartments in historic 1914 structure
Opportunity to significantly increase rents through voucher lease-up strategy
In-unit laundry + tenant-controlled HVAC
16 vacant storage units in basement portion
100% free market
Can be sold with 12-14 N Broadway Yonkers, NY 10701
Both properties are currently operating below market rents, presenting a clear opportunity to drive revenue through strategic rent increases, improved revenue management, and targeted unit upgrades. The oversized unit layouts, particularly at North Broadway, provide additional upside through reconfiguration and optimization of bedroom counts. At the same time, the Portfolio benefits from stable, in-place cash flow, offering a balanced profile of current income and future growth. Overall, the Portfolio represents a compelling opportunity to acquire well-located assets in a rapidly growing commuter market with direct access to New York City and meaningful potential for revenue growth.
25 loft apartments in historic 1914 structure
Opportunity to significantly increase rents through voucher lease-up strategy
In-unit laundry + tenant-controlled HVAC
16 vacant storage units in basement portion
100% free market
Can be sold with 12-14 N Broadway Yonkers, NY 10701
Informations sur l’immeuble
Caractéristiques
Caractéristiques du lot
- Climatisation
- Lave-vaisselle
- Micro-ondes
- Espace d’entreposage
- Machine à laver/sèche-linge
- Cuisine
- Réfrigérateur
- Four
- Salle à manger
- Salle de séjour
- Salle de loisirs
Caractéristiques du site
- Centre de fitness
Taxes foncières
| Numéro de parcelle | 1800-002-000-02003-000-0042 | Évaluation des aménagements | 184 882 € |
| Évaluation du terrain | 21 905 € | Évaluation totale | 206 788 € |
Taxes foncières
Numéro de parcelle
1800-002-000-02003-000-0042
Évaluation du terrain
21 905 €
Évaluation des aménagements
184 882 €
Évaluation totale
206 788 €
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