The Proctor’s closed in 1973 and briefly reopened in 1974 before closing permanently the next year. After it closed, the main level of the auditorium was converted into an office space and they sealed the balcony off. The lobby of the theater was removed and converted to retail space. The building was added to the National Register of Historic Places in 2008. The current owner, as well as the City of Yonkers, are interested in restoring the building.