Yonkers, NY 10704

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,400,000
Annual Taxes:$12,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Prime Properties Realty

Exceptional income producing legal three family property, ideal for investors or owner occupants.

Description

Exceptional income-producing legal three-family property, ideal for investors or owner-occupants. Apartment 1: Three bedrooms, Two full bathrooms, New kitchen with dishwasher, Washer and dryer hookup. Apartment 2: Three bedrooms, Two full bathrooms, New kitchen with dishwasher. Apartment 3: One bedroom, One full bathroom, New kitchen with dishwasher, Washer and dryer hookup. Finished Basement: Certificate of Occupancy for summer kitchen and lavatory. Two additional rooms suitable for storage or owner use. Mechanical room. Working washer and dryer. The property features new plumbing, new electrical systems, and numerous additional upgrades throughout. Income & Tenancy: Sold fully rented. Total monthly income: $9,000. Tenants are month-to-month, except the first-floor unit, which has a one-year lease in place ending in June 2026 Strong cash-flowing property with immediate income. Secure this investment opportunity before anticipated interest rate adjustments impact market pricing. Buy now and live rent-free in one of the apartments.

Amenities

  • Electricity Available
  • Electricity Connected
  • Other
  • Sewer Available
  • Sewer Connected

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.