334 Underhill Avenue, Yorktown Heights, NY 10598
Westchester County
Key Facts
Description
Prime Commercial Investment Opportunity – Fully Occupied Multi-Building Complex Presenting a rare investment opportunity in the heart of Yorktown Heights. This well-maintained commercial complex, situated on 1.53 acres, features five separate buildings totaling 20 units, offering investors a 100% occupied, income-producing property with solid leases in place and a diverse tenant mix. The property is home to a strong blend of professional and service-oriented businesses including a restaurant, medical offices, professional offices, attorneys, accountants, and a mortgage company, creating consistent daily traffic and long-term tenancy stability. Over the past two years, more than $300,000 in renovations and capital improvements have been completed. Recent upgrades include a fully renovated driveway, updated mechanical systems, and a new hot water tank and boiler, ensuring the property is well maintained and positioned for continued performance. The professionally maintained campus offers ample parking, landscaped grounds, and a functional layout designed to support a variety of professional and medical uses. Ideally located just minutes from the Taconic State Parkway, the property provides convenient access for commuters and clients traveling throughout Westchester County. The complex is also within close proximity to the shops, restaurants, and services of downtown Yorktown Heights, as well as nearby residential communities and new mixed-use developments that continue to drive local growth and foot traffic. This turnkey commercial investment presents a compelling opportunity for investors seeking stable income, strong tenant demand, and a strategic location in Northern Westchester.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
2003
Living Area
6,500 sq ft
Lot Size
1.53 acres
Days on Market
1
MLS® Listing#
972258
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$127,878
Parcel Number
5400-037-018-00002-000-0075
Affordability Calculator
$1,340,000
Estimated monthly payment
$35,660/mo
Principal $5,360,000 · Est. interest $7,477,677 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Yorktown Heights, NY
- $629,032
- Median Listing Price
- 68
- Median Days on Market
- 1,188
- Median Sq Ft
- $469
- Median Price / Sq Ft
- 302
- Active Listings
- This home’s price is 965% above the area median.
- Its price per sq ft is 120% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Yorktown Heights, NY.
Location
Points of Interest in Yorktown Heights, NY
Showing the Yorktown Heights area map.
Nearby Schools
Soundview Preparatory School
Secondary · 0.2 mi away
St Patrick's School
School · 0.4 mi away
Yorktown Heights Head Start
School · 0.4 mi away
French Hill Elementary School
Elementary · 0.6 mi away
Putnam Northern Westchester Board of Cooperative Educational Services
School · 1.0 mi away
Brookside School
Elementary · 1.1 mi away
Al Montessori School
Elementary · 1.3 mi away
Yorktown Central School District
School · 1.8 mi away
Yorktown High School
Secondary · 1.9 mi away
Mohansic Elementary School
Elementary · 2.2 mi away
Fox Meadow High School
Secondary · 2.5 mi away
Crompond School
Elementary · 3.0 mi away
Westcop Therapeutic Nursery
School · 3.6 mi away
Yeshiva Farm Settlement School
School · 4.0 mi away
Lakeland Copper Beech Middle School
Secondary · 4.0 mi away
Walter Panas High School
Secondary · 4.1 mi away
Upper Westchester Islamic School
School · 4.2 mi away
Benjamin Franklin Elementary School
Elementary · 4.2 mi away
Thomas Jefferson Elementary School
Elementary · 4.3 mi away
Seven Bridges Middle School
Secondary · 4.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7814 Roosevelt Avenue A, Jackson Heights, NY | $6,780,000 | — | — | 10,562 |
Moving Cost Estimate
EXIT Agents in Yorktown Heights
Listing Courtesy: Iconic Pros - 9144886949
Presented by: Rupinder Singh
Fair Housing Notice