15 School Street

Description

PRICE REDUCED!! GET OUT OF NEW YORK CITY! - LESS THAN 2 MILES OUT! - REDUCE OVERHEAD NOW! Here’s a great opportunity of obtain a profitable mutlifunction property with the following unique advantages: 1. Two 5,000 s/f industrial strength floors with separate semi-tractor trailer entrances on opposite sides of the block for each floor. 2. Enough power for a DATA CENTER/SERVER HUB 1.8 miles north of New York City's boundary! 3-Phase 800 amp, in-house with two Con-Ed transformers on street poles. 3. Yonkers Zoning is DM-X: Develop up to 200’ of vertical floor space (+90,000 s/f) 4. New industrial gas line for HVAC: 7-ton and 12-ton rooftop units can cool a meat locker! 5. Currently used as two TV production studios, owner is amenable to purchaser acquiring film/video equipment for a negotiable sum Seeking Residential Opportunities? Consider a DM-X zoned residential "build-up" with parking on the two lower floors. Assuming 10' floor allowance, add 18 floors of 5 apartments each. totaling 90 units! Rented at market rates of $2,000/m = $2.16M/yr. plus income from the two warehouse floors for parking. This building is also key, center, block-through property for an entire block assemblage, providing high resale value if left as-is and sold as an anchor. Recent developments by a hospital across the street, and the impending development of the “Chicken Island” block, 100’ to the north (next to City Hall), make this property is a very smart move. Come see any time from 9 to 5 Monday through Saturday. Additional Features: Two concrete, heavy duty floors capable of taking and parking commercial trucks Renovations within the last 8 years: New Con-Edison electrical installation, fire and security alarm system, HVAC system including boiler and two roof-top A/C units. New sewer and sump pump with maceration New roof surface - walk-on capable