UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1061385
Rental Info No
Year Built 1914
Annual Tax Amount $2,890
Lot Size 2,504 Sqft
Acres 0.0575
Property Sub-Type Mixed Use
Source onekey2
Property Description
Welcome to 123 Elm Street, a fully renovated, solid all-brick mixed-use property situated in one of Yonkers' most dynamic, high-traffic commercial corridors. Perfectly positioned amidst heavy daily foot traffic, strong vehicular exposure, and thriving neighborhood activity, this turnkey property delivers immediate upside, high tenant appeal, and long-term appreciation.
Property Highlights & Layout:
Ground Floor Commercial Storefront: A prime street-level commercial space featuring upgraded infrastructure with multiple existing water lines, floor drains, high-capacity electrical outlets, and a modern private half-bath. Ideal for health/beauty (spa, nail salon, barbershop), medical/professional offices, boutique retail, or specialty concepts.
Ground Floor Residential (Rear): A stylish, private 1-bedroom apartment providing strong supplemental rental income.
Second Floor Residence: An expansive 3-bedroom, 1-bathroom flat featuring a spacious layout, dedicated living room, and a contemporary eat-in kitchen.
Third Floor Residence: A matching, light-filled 3-bedroom, 1-bathroom residence with large proportioned bedrooms and generous living space. Can be delivered VACANT at closing—making this an exceptional opportunity for an owner-occupant looking to live virtually mortgage-free, or an investor ready to capture top-of-market rent on day one.
Private Outdoor Oasis: A beautifully maintained backyard featuring an attached patio accessible from both sides of the structure—a rare luxury in the city.
Bonus Full Basement: Substantial unfinished storage space with dual walk-out access, ideal for equipment, inventory, or back-of-house operations.
Interior Finishes:
Every residential unit has been thoughtfully upgraded with modern designer bathrooms, spacious floor plans, and sleek contemporary kitchens appointed with premium stainless steel appliances (including built-in microwaves), solid cabinetry, and durable surfaces.
Location & Accessibility:
Located in a welcoming, community-oriented Downtown Yonkers neighborhood surrounded by local businesses, corporate offices, healthcare facilities, dining, and transit options. Rapid access to major parkways, buses, and the Metro-North Train Station ensures seamless commuting to NYC and Westchester.
A truly rare, versatile asset combining residential luxury with high-visibility commercial revenue. Solid brick, completely renovated, and primed for immediate cash flow.
Location
State NY
County Westchester County
Rooms
Basement Unfinished
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Yonkers
School District Yonkers
Others
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.