Overview
Rare Yonkers Investor/Developer Opportunity! Bring your vision to 127 Downing Street, a rare oversized parcel in Yonkers offering -16, 117 sq. ft. (0.37 acres) of land with existing 2, 450 sq. ft. single-family home (built 1915). The true value here is in the land and its future potential. Whether you’re considering a multi-unit build-out, boutique rental/condo project, or subdivision for new construction, this property provides the canvas for your next high-upside investment.Lot & Zoning: Oversized compared to area averages, creating flexibility for creative build-outResidential zoning; buyers to verify potential uses with City of Yonkers Planning/ZoningExisting structure primed for teardown or redevelopmentWhy This Property: Situated in one of Westchester’s fastest-growing markets, with strong buyer and renter demandProximity to Metro-North makes commuting to Manhattan a breeze (20–25 minutes to NYC)Minutes to I-87, Saw Mill River Pkwy, Bronx River Pkwy, and local shopping/diningNear Getty Square revitalization, Hudson River waterfront redevelopment, and new infrastructure investments driving neighborhood growthYonkers continues to see surging values, strong comparable land/tear-down sales, and a steady pipeline of residential developmentInvestor Highlights: Value is in the land – rare opportunity for scale in a revitalizing corridorLarge, flexible lot size compared to surrounding parcelsSurrounded by residential demand drivers: schools, parks, transit, retail, and the Hudson RiverStrong rental absorption with continued demand from commuters seeking affordability near NYCAs-Is sale – seller makes no representations, buyer to perform due diligenceThis is not just a property – it’s a strategic land play in a market positioned for long-term growth. Opportunities of this size and location are increasingly hard to find in Yonkers. Don’t miss the chance to secure your foothold in one of Westchester’s most dynamic real estate markets.