127 Downing ST new Save Request In-Person Tour Request Virtual Tour
Yonkers,NY 10705
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Getty Square
MLS Listing ID 903028
HOA Y/N No
Rental Info No
Annual Tax Amount $14,016
Lot Size 0.370 Acres
Acres 0.37
Source onekey2
Property Description
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-out
Residential zoning; buyers to verify potential uses with City of Yonkers Planning/Zoning
Existing structure primed for teardown or redevelopment
Why This Property: Situated in one of Westchester's fastest-growing markets, with strong buyer and renter demand
Proximity 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/dining
Near Getty Square revitalization, Hudson River waterfront redevelopment, and new infrastructure investments driving neighborhood growth
Yonkers continues to see surging values, strong comparable land/tear-down sales, and a steady pipeline of residential development
Investor Highlights: Value is in the land – rare opportunity for scale in a revitalizing corridor
Large, flexible lot size compared to surrounding parcels
Surrounded by residential demand drivers: schools, parks, transit, retail, and the Hudson River
Strong rental absorption with continued demand from commuters seeking affordability near NYC
As-Is sale – seller makes no representations, buyer to perform due diligence
This 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.
Location
State NY
County Westchester County
Interior
Fireplace No
Exterior
Fence Chain Link
Building
Sewer Other
Schools
Elementary Schools Eugenio Maria De Hostos Microsociety
Middle Schools Yonkers
High Schools Yonkers
School District Yonkers
Others
Senior Community No
Special Listing Condition None