1 Fort Hill Avenue, Yonkers, NY 10710

$7,000,000
8,332
SqFt
List Price
$7,000,000
MLS#
5118693
Status
ACTIVE
Subtype
Commercial
Square Footage
8,332
Neighborhood
Yonkers

Property Description

Rare opportunity to acquire well established and reputable Mont Olympos Diner including the real estate; first time on the market in decades! A dream come true for an aspiring entrepreneurial restaurateur to take over a successful business in a prime location: Central Avenue retail corridor bordering Scarsdale. Situated just outside of NYC. This one plus acre prime property is in BR zone which permits apartment, mixed-use, and retail development. The current diner is just under 10K SF with a cellar (high ceiling) and 110 cars parking lot. The owner will hold the first mortgage with a 30% down with a 30 years amortization schedule at a below-market rate for a qualified buyer. Mortgage payment could be as little as one half of the potential rent based on the current market rent rate. Also, a perfect setting for any national restaurant chains for a high visibility location in a sought after NYC suburb. Ideal site for car dealerships, specialty store, or mixed-use redevelopment.

Additional Information

Year Built
1995
Taxes
$60,000
School District
Yonkers
Sewer
Municipal
Water
Municipal
Cooling
Central
Heating
Forced Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rajeevkumar Chennattu from Regency Homes Rlty Group, Inc.


The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Real Estate Company are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Copyright 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.