Yonkers, NY 10701

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 8 BR
Bathrooms: 4
Lot Size: 0.1 Acres

Financials

Price:$790,000
Annual Taxes:$7,300
505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty

INVESTOR SPECIAL 10 PRO FORMA CAP RATE POTENTIAL.

Description

INVESTOR SPECIAL: 10% PRO-FORMA CAP RATE POTENTIAL. 105 Palisade is a high-alpha asset for the data-driven investor. This 3-unit configuration (2-unit legal w/ finished basement) offers a significant "Value-Add" bridge between current $5,415/mo gross income and a forecasted $8,255/mo market peak. Positioned in a high-growth Yonkers corridor with 3-4% annual appreciation forecasted for 2026, this property is ideal for "Smart-Home" optimization and ESG upgrades to drive premium rents. Sold as-is with paying tenants—one lease expiring 2/28/26 provides an immediate window for rental upside. High-speed fiber-ready and minutes from Metro-North, this is a low-latency investment in New York’s next tech-hub suburb. Capture the spread before the market corrects.

Amenities

  • Other
  • Trash Collection Public

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.