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$4,250,000

  • For Sale
  • Active
  • Industrial
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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

Full Property Details for 15 School St

General

  • Price: $4,250,000
  • Taxes: $3,710
  • Status: Active
  • Type: Industrial
  • Source: Long_Island
  • MLS ID: 876164
  • Updated: 11/19/2025
  • Added to Site: 287 day(s) ago

Business

  • Business Type: Other

Rental Information

  • Complex Features: Bathrooms, Built-in-Features, High Speed Internet, Lobby, Mailbox, Overhead Door(s), Signage Included, Storage, Walk Up

Interior

  • Appliances: Convection Oven, Cooktop, Dryer, Electric Oven, Electric Range, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Washer, Gas Water Heater
  • Flooring: Concrete

Additional Information

  • Improvements: ConEd transformer; 800 amp 3 phase, 2 roof A/C units, sump & mascerator, 12' truck access on both sides of block. New roof, security, and boiler.
  • Security/Safety: Building Security, Fire Alarm, Fire Sprinkler System

Parking

  • Parking Features: Off Street, Private, Underground

Location

  • County: Westchester County
  • Cross Streets: Nepperhan Ave.
  • Driving Directions: Google the address for directions. Best approach is going East on Nepperhan and making a right turn into School Street (one way - South).

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Baseboard, Forced Air, Natural Gas
  • Heating Zones: 2

Utilities

  • Electric Available: Yes
  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected

Structural Information

  • Detached/Attached: Attached
  • Construction: Batts Insulation, Block, Brick, Stone, Stucco
  • Basement: Yes
  • Basement Desc.: Finished, Full Basement, See Remarks, Walk-Out Access
  • Ceiling Height: 14
  • Stories/Levels: 2
  • Stories in Building: 2
  • Building Size: 10000
  • Square Feet: 10,000
  • Year Built: 1890

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Frontage: Municipal, See Remarks
  • Road Maintenance: Public Maintained Road
  • Fence: Yes
  • Lot Features: Near Public Transit, See Remarks
  • Zoning: D-MX
  • Fencing (Description): None

Financial Considerations

  • Tax Amount: $3,710.04

Disclosures and Reports

  • Special Conditions: None
  • Exclusions: 5% gross commission, 3% to Seller's Agent, 2% to Buyer's Agent
  • Inclusions: Zoned D-MX up to 200' vertical residential housing allowed, Roof access, Electric Power Management (800a. 3p), mascerating sump pump, 2 rooftop A/Cs, New Boiler
  • Property ID: 1800-001-000-00482-000-0018
  • Block: Lot 18 Block 0482
  • Lot Number: 1.-482-18
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 15 School St —

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NMLS#: 1598647

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Schools serving 15 School St

School District:Yonkers City School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15 School St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Price Reduced
$4,250,000
-15%
MLS
6/26/2025
Listed
$5,000,000
325.53%
MLS
4/18/2017
Sold
$1,175,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15 School St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,710
-78%
$16,400
—
2020
$17,113
22%
$16,400
—
2020
$14,049
27%
$16,400
—
2018
$11,051
-22%
$16,400
—
2017
$14,171
1%
$16,400
—
2017
$14,043
-3%
$16,400
—
2016
$14,507
8%
$16,400
—
2015
$13,482
-2%
$16,400
—
2013
$13,691
—
$16,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 15 School St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

15 School Street, Yonkers, NY 10701 (MLS# 876164) is a Industrial property. 15 School Street is currently listed for $4,250,000 and was received on June 26, 2025. This property is listed by George Avgerakis from our Dobbs Ferry Office.Want to learn more about 15 School Street? Do you have questions about finding other Industrial real estate for sale in Yonkers? You can browse all Yonkers real estate or contact a Coldwell Banker agent to request more information.

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