The Refinery District Yonkers, NY

Execute CA

The Offering

Address

1 Federal Street
Yonkers, NY 10705

The Offering

Cushman and Wakefield has been exclusively retained to arrange a fee interest sale of The Refinery District, formerly Domino Sugar Refinery, located at 1 Federal St, Yonkers, New York.

The Refinery District is a rare, generational opportunity to acquire the last large-scale development site on the Yonkers Hudson River waterfront. Spanning 33 acres with 2,300 linear feet of direct frontage and unobstructed views, the site provides scale and visibility to support a transformative mixed-use destination. As the only remaining parcel of its kind, it aligns seamlessly with Yonkers’ vision to evolve the Waterfront Esplanade into a vibrant, publicly accessible district of residential, retail, and civic uses.

Since 2018, the surrounding waterfront has delivered roughly 2,000 new rental units, underscoring strong demand fueled by population growth and New York City spillover. A conceptual master plan by Perkins Eastman outlines potential for 2,650 units across nine residential and two commercial buildings, enabling phased development and premium waterfront rents within an established submarket.



Highlights

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Scale on the Waterfront

Scale on the Waterfront

  • Approximately 2,300 linear feet of Hudson River frontage, offering unmatched scale along the Yonkers waterfront
  • Transformational 33-acre site capable of accommodating a diverse mix of residential, retail, cultural, and experiential uses
  • Iconic industrial architecture with historic character and scale creating strong branding, pricing power, and long-term value
Fastest Growing Waterfront Neighborhood

Fastest Growing Neighborhood Along the Waterfront

  • The final, most strategic component of the rapidly transforming Yonkers waterfront
  • The Waterfront Neighborhood has added roughly 2,000 new multifamily units, underscoring strong demand for amenitized rental housing
  • Under Perkins Eastman’s Master Plan, The Refinery District can deliver 2,650 additional units across nine residential and two commercial buildings
Compelling Market Fundamentals

Compelling Market Fundamentals Backed by Public Investment

  • The Yonkers Waterfront Revitalization strategy and continued Downtown investment provide a clear entitlement pathway
  • Walking distance to two Metro-North stations and Downtown Yonkers
  • Strategically positioned to benefit from local and state capital investments—including the Waterfront Promenade and adjacent 2-acre park

Conceptual Rendering

Location Map

Sales Inquiries

Tri-State Capital Markets

H. Gary Gabriel

H. Gary Gabriel

Executive Vice Chairman
+1 201 460 3352 gary.gabriel@cushwake.com
Ryan Dowd

Ryan Dowd

Managing Director
Cushman & Wakefield
+1 201 508 5278 ryan.dowd@cushwake.com
Michael Flynn

Michael Flynn

Senior Director
Cushman & Wakefield
+1 952 837 8688 michael.flynn@cushwake.com
Matt Torrance

Matt Torrance

Senior Director
Cushman & Wakefield
+1 203 326 5838 matt.torrance@cushwake.com
JP Hohl

JP Hohl

Associate Director
Cushman & Wakefield
+1 201 426 2225 jeanpierre.hohl@cushwake.com