Yonkers, NY 10701

Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No
Lot Size: 0.05 Acres

Financials

Price:$2,500,000
Annual Taxes:$15,318
505 Park Ave, New York, NY 10022
Listing Courtesy of Winzone Realty Inc

Description

288 Woodworth Avenue – Fully Renovated 7-Unit Free Market Building in Prime Yonkers Location Rare opportunity to own a legal free-market 7-unit property with no rent stabilization restrictions – offering true flexibility and strong income potential. This building has been gut-renovated from top to bottom: all new boilers, plumbing, electrical, gas lines, foam insulation, sheetrock, custom kitchens, tiled bathrooms, siding, roof, and more. Each of the seven apartments has been completely rebuilt with modern finishes, making this a turnkey investment with minimal maintenance needs for years to come. The property is located in the heart of a rapidly transforming area of Yonkers, just steps from major Hudson River development projects. Surrounding the property are brand-new luxury apartment buildings, mixed-use developments, and cultural anchors such as Lionsgate Studio. This surge of investment and revitalization makes 288 Woodworth Avenue ideally positioned to benefit from Yonkers’ continued growth. Whether you’re an investor seeking stable, high-yield returns or looking to expand your portfolio in a booming market, this property checks all the boxes

Amenities

  • Electricity Available
  • Natural Gas Available
  • Trash Collection Public
  • Water Available

288 Woodworth Avenue Fully Renovated 7 Unit Free Market Building in Prime Yonkers Location Rare opportunity to own a legal free market 7 unit property with no rent stabilization restrictions ...

View of front of house with a residential view

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.