Active

1952 Commerce Street

Yorktown Heights NY, 10598

$1,900,000


Active

Commercial

This Project was conceived to fill a need for Luxury Hotel accommodations, both short term and extended stay, in Northern Westchester and is located in the town of Yorktown Heights. The rooms are a variety of one room and small suite accommodations. The 18 rooms would be charged daily or weekly to accommodate allowable use. The lobby is conceived and approved to allow for a caf , coffee house or a formal tea house open to the Public. The Rooftop is conceived and approved to allow for a restaurant or event space, open to the Public. Both areas would be leased space and income generating. This Project is approved and ready for Building Permits. This is an approved project with the Town of Yorktown. We are selling the existing property and the approvals for the Hotel. This is an amazing opportunity to capitalize on a singular vision. The price reflects the value of the existing property and the cost of the project to date to bring it to the approval stage. The current structure is completely renovated, rented, and income generating. There is an attached PDF describing the Project in full.

H6310208

MLS ID

May 31, 2024

Listed

November 7, 2024

Updated

Map

1952 Commerce Street
Yorktown Heights NY, 10598

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Other, See Remarks

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

Yorktown

Other Property Details

Garage

No


View

No


County

Westchester


Municipality

Yorktown


Water Source

Public


Pool

No

Listing History

Date

Event

Price

8/12/2024

Price change

$1,900,000

-8%

Listed by Barry Malawer Barry Synnott with Coldwell Banker Realty
Listing Contact: 914-232-7000 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Empire Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:20 PM UTC, 11/7/2024

  

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