Jeffrey Farnell - Smitchger Realty Logo
$715,000
 $3,838 est/mo Sourced by Back At You

105 Palisade Avenue,Yonkers, NY 10701

Yonkers, NY 10701

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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 tenantsone 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.

Details

MLS #981348
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site141
Listing Provided ByeXp Realty | Ramanjit Dhanoa

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet1,628
Units2
Acreage0.05

Interior

CoolingWall/Window Unit(s)
HeatingBaseboard, Other
Interior FeaturesOther

Exterior

Construction MaterialsVinyl Siding

Parking

Garage Yes / NoNo
Parking FeaturesOn Street, Open

Utilities

UtilitiesTrash Collection Public
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value6800
Tax Annual Amount7300

Area Information

StateNY
CountyWestchester County
CityYonkers
Zip Code10701
Listing VS Median (in 10701)
Price:
$715,000
low | high
Med:
$257,450
100% of Average
sqft:
1,628
low | high
Med:
886
95.608108108108% of Average
$ / sqft:
$439
low | high
Med:
$291
83.772733963319% of Average
On site:
141
low | high
Med:
96.5
100% of Average
Sourced by Back At You

Market Activity 10701

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Learn More About This Property

Jeffrey Farnell

Jeffrey Farnell

John J Lease REALTORS

GRI (914) 850-1257jeffreygfarnell@yahoo.com
StateNY
CountyWestchester County
CityYonkers
Zip Code10701
Listing VS Median (in 10701)
Price:
$715,000
low | high
Med:
$257,450
100% of Average
sqft:
1,628
low | high
Med:
886
95.608108108108% of Average
$ / sqft:
$439
low | high
Med:
$291
83.772733963319% of Average
On site:
141
low | high
Med:
96.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $536K - $893K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
6 N Broadway Property Photo 1
$7,000
6 N Broadway
Yonkers, NY 10701
Listing Updated: July 9, 2026 at 3:40:46 PM PDT

Jeffrey Farnell - Smitchger Realty