Property

Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 3
Pets: Pets No
Lot Size: 0.11 Acres

Financials

Price:$1,249,000
Annual Taxes:$15,633
505 Park Ave, New York, NY 10022
Listing Courtesy of Realmart Realty LLC

Description

Exceptional Investment Opportunity – Fully Renovated 4-Family Corner Building in Yonkers Don't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout: (1) One-Bedroom Apartment – $1,400/month (1) Three-Bedroom Apartment – $2,700/month (2) Four-Bedroom Apartments – $2,400 and $3,000/month Each unit includes 1 full bathroom Additional Income Streams: Storefront (currently used as storage): $800/month Two Large 3-Car Garages (used as warehouse): $500/month each Financial Highlights: Total Gross Annual Income: $135,600 with upside potential Low Property Taxes: Only $15,633 for 2024 Utilities: Tenants pay for their own heat and gas, minimizing owner expenses Property Highlights: Fully renovated in 2018 Well-maintained throughout Strong rental income and high demand in the area Opportunities like this are hard to come by in today’s market—ideal for investors seeking reliable cash flow with minimal overhead.

Amenities

  • Eat-in Kitchen
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Exceptional Investment Opportunity Fully Renovated 4 Family Corner Building in Yonkers Don't miss this rare chance to own a high yield, income producing property in a quiet corner of Yonkers.


Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.