Yonkers, NY 10703

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.9 Acres

Financials

Price:$9,000,000
Annual Taxes:$175,332
505 Park Ave, New York, NY 10022
Listing Courtesy of Aurum Standard Realty Corp

Rare opportunity to acquire a 37 unit multifamily investment property in the heart of Yonkers, offering strong income potential with long term upside.

Contemporary multi-story building featuring light-toned siding and multiple windows

Description

Rare opportunity to acquire a 37-unit multifamily investment property in the heart of Yonkers, offering strong income potential with long-term upside. This well-maintained asset features separate utilities throughout, 20 parking spaces, 32 garages, and additional laundry income, creating multiple revenue streams for investors. Ideally located just minutes from public transportation, Metro-North trains, major highways, shopping, restaurants, schools, and local conveniences, making it highly attractive to tenants. With solid rental demand in the area and value-add potential, this property presents an exceptional opportunity for both seasoned and portfolio-expanding investors.

Amenities

  • Accessible Common Area
  • Accessible Stairway
  • Cable - Available
  • City
  • Dryer
  • Electricity Available
  • Exhaust Fan
  • Front Yard
  • Gas Cooktop
  • Gas Oven
  • Gas Range
  • Laundry
  • Natural Gas Available
  • Near Public Transit
  • Near School
  • Near Shops
  • Refrigerator
  • Sewer Available
  • Skyline
  • Stainless Steel Appliance(s)
  • Trash Collection Private
  • Washer
  • Water Available

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.