Restaurant Only Listings
Every listing on Pepperlot is a restaurant or F&B space. No warehouses, offices, or unrelated commercial properties diluting your Yonkers search.
Yonkers
Restaurants for Lease in Yonkers
Browse current restaurant spaces for lease in Yonkers.
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Restaurants for Lease in Yonkers
Restaurant spaces, subleases, and second-generation lease opportunities nearby.
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Understanding the Yonkers Market
Yonkers is the largest city in Westchester County and the fourth largest in New York State, with a population of over 200,000. The city's restaurant market is meaningfully more diverse and economically varied than the wealthier Westchester villages to the north, creating different concept fit profiles across submarkets.
Lease rates run meaningfully below White Plains and the most premium Westchester corridors. The waterfront and most affluent corridors reach $38 to $56 per square foot annually. Most of the city sits at $26 to $44. Asset sales start from $38,000 and business sales from $110,000, accessible relative to other Westchester markets.
Yonkers restaurant economics reward concepts that align with the specific submarket they enter. The waterfront supports higher end concepts. South Yonkers rewards authentic immigrant cuisines. The mall corridor rewards family driven and value oriented concepts. The diversity within a single city creates meaningful concept selection differences.
Where to Lease a Restaurant in Yonkers
Yonkers's restaurant submarkets each carry distinct customer bases, lease economics, and concept fit. Choosing the right one matters as much as the concept itself.
- Downtown Waterfront and Hudson River: Yonkers' Hudson River waterfront has seen significant redevelopment over the last decade. Lease rates run $38 to $56 per square foot. Strong opportunity for higher end concepts with new residential and commercial development driving demand.
- South Yonkers and Park Hill: South Yonkers and Park Hill anchor strong Latin American, West African, and Caribbean food cultures. Lease rates remain among the most accessible in Westchester at $26 to $40 per square foot. Customer base is deeply local.
- Bronxville Adjacent and Lawrence Park: The Bronxville adjacent corridors and Lawrence Park serve an affluent residential customer base. Lease rates run $34 to $50 per square foot. Strong year round demand with consistent average ticket sizes.
- Cross County Center and Central Park Avenue: Cross County Center and the Central Park Avenue corridor draw a regional shopping and dining catchment. Lease rates run $30 to $44 per square foot. Significant national chain presence with growing independent representation.
Types of Restaurant Spaces for Lease in Yonkers
Pepperlot covers every restaurant lease format across Yonkers, from chef driven second generation spaces to ghost kitchen suites and new construction.
- Second Generation Space: Previously operated as a restaurant with hood, grease trap, plumbing, and venting in place. Saves $150,000 to $500,000 in build out costs (more in NYC) and is the fastest path to opening anywhere in New York.
- Turnkey Restaurant: Fully equipped and ready to operate, often with the previous concept's furniture, fixtures, and equipment included in the lease. Ideal for operators wanting to open within 30 to 60 days.
- Ghost Kitchen Suite: Delivery only commercial kitchen suites with shared infrastructure. Lower entry cost than full restaurant leases and ideal for cloud kitchen brands and delivery first concepts.
Why Use Pepperlot to Find Restaurants for Lease in Yonkers
Built exclusively for restaurant real estate.
Restaurant Specific Listing Fields
Hood systems, grease traps, walk-in coolers, SLA permits, alcohol licenses, seating capacity, patio availability. The details that drive restaurant decisions are in every listing.
New York Market Intelligence
Cuisine gap analysis, demographic data, and competitive landscape information for Yonkers. Make a more informed decision before committing capital or signing a lease.
Confidential Listings
Some of the best Yonkers restaurant opportunities are listed confidentially. Pepperlot gives you access to off market opportunities not available on general platforms.
How to Lease a Restaurant Space in Yonkers
A step-by-step approach to acquiring your next location.
Browse Active Spaces
Filter Yonkers restaurant spaces by submarket, size, lease rate, and specific features like hood systems, grease traps, outdoor seating, and existing SLA license eligibility. Every listing includes the operational details that matter for restaurant tenants.
Identify Second Generation Opportunities
Second generation restaurant spaces save $150,000 to $500,000 in build out costs. Confirm the existing hood type, grease trap capacity, plumbing condition, and electrical capacity match your concept's requirements before committing.
Contact the Landlord or Broker
Each listing displays the contact details for the landlord or listing broker. Reach out directly. Ask for the lease term, base rent, CAM charges, NNN structure, tenant improvement allowance, and any operational restrictions. Yonkers landlords vary significantly in flexibility.
Negotiate Lease Terms
Yonkers restaurant lease rates range from $26 to $56 per square foot annually. Negotiate beyond just the base rent. Personal guarantee structure, free rent periods, tenant improvement allowance, and renewal options often have more economic impact than base rent reductions.
Our Vision
PepperLot exists to modernize how restaurants are bought and sold. By focusing exclusively on restaurants for sale, the platform eliminates noise from unrelated business listings and creates a marketplace built around real operational needs.
The goal is simple: better data, better matches, and better outcomes for restaurant buyers and sellers.
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Who We Are
PepperLot is a restaurant-only real estate and transaction platform built for operators, brokers, and landlords. The team combines marketplace technology with deep category focus to support acquisitions ranging from small restaurants for sale to multi-location portfolios.
Every feature, listing, and filter is designed to serve one purpose: making restaurant transactions clearer, faster, and more informed.
Frequently Asked Questions
What are restaurant lease rates in Yonkers?
Yonkers restaurant lease rates run roughly $26 to $56 per square foot annually, depending on submarket. Prime locations command the higher end of the range. NNN structures with CAM charges typically add $8 to $18 per square foot annually.
What submarkets in Yonkers have the most restaurant spaces for lease?
On Pepperlot, the most active Yonkers submarkets for lease listings are Downtown Waterfront and Hudson River, South Yonkers and Park Hill, Bronxville Adjacent and Lawrence Park. Each carries different lease rates, customer bases, and concept fit. Choose the submarket where your concept aligns with the existing or growing customer mix.
What is a second generation restaurant space in Yonkers?
A second generation space in Yonkers is one that previously operated as a restaurant and retains the hood system, grease trap, plumbing, and venting infrastructure. These spaces save tenants $150,000 to $500,000 in build out costs and are the fastest path to opening, particularly in Yonkers's established submarkets.
Are CAM and triple net charges common in Yonkers restaurant leases?
Yes. Most Yonkers restaurant leases are NNN, meaning the tenant pays property taxes, insurance, and CAM on top of base rent. CAM charges in Yonkers shopping centers and mixed use developments typically add $8 to $18 per square foot annually. Always request the most recent CAM reconciliation.
Do I need an SLA license to lease a restaurant space in Yonkers?
If your concept will serve alcohol, yes. The SLA issues on-premises liquor, beer and wine, and special restaurant licenses for New York restaurants. Some Yonkers leases include the existing license in the assignment. Others require the tenant to apply separately, which can take 90 to 180 days. Confirm with the landlord and SLA before signing.
Can I list a Yonkers restaurant space for lease on Pepperlot?
Yes. Listing on Pepperlot is free. Create a Yonkers-specific listing with the hood system type, grease trap status, square footage, lease rate, and CAM charges. Confidential options are available for landlords replacing struggling tenants without alerting current staff.