Yonkers, NY 10703

Property

Ownership: For Sale
Type: Multi-Family

Financials

Price:$1,499,999
Annual Taxes:$16,500
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of RE/MAX Distinguished Hms.&Prop

208 Tompkins Road in Yonkers, NY is an exceptional 5 family income producing investment property offering strong cash flow, a 7 cap rate, 114, 600 in annual rental income, and ...

Description

208 Tompkins Road in Yonkers, NY is an exceptional 5-family income-producing investment property offering strong cash flow, a 7% cap rate, $114,600 in annual rental income, and $90,000 in net operating income. Set on an oversized double lot in Westchester County, this multi-family asset features five fully occupied units, private driveway parking, and long-term upside potential. The property includes two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, plus a renovated finished walk-out basement that adds flexible recreational or bonus space. Built in 1911 with approximately 4,896 square feet of building area, the property offers wood flooring, natural gas heat, public water and sewer, and separate electric and gas meters. Exterior highlights include a brick and stucco building, landscaped front and back yards, private outdoor space, and a convenient location near public transportation. With zero vacancies, in-place income, and a valuable double lot, 208 Tompkins Road presents a rare opportunity for investors seeking immediate returns, long-term appreciation, and a strong addition to their real estate portfolio.

Amenities

  • Back Yard
  • Building Security
  • Front Yard
  • Landscaped
  • Natural Gas Connected
  • Near Public Transit
  • Private
  • Smoke Detectors

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.