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


Property

Website:https://www.nestseekers.com/5464926
Address:
Yonkers, NY 10703
Ownership: For Sale
Type: Multi-Family
Lot Size: 0.9 Acres

Financials

Price:$9,000,000
Annual Taxes:$175,332

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

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Aurum Standard Realty Corp