Exceptional Investment Opportunity - Fully Renovated 4-Family Corner Building in YonkersDon't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout:(1) One-Bedroom Apartment - $2,000/month(1) Three-Bedroom Apartment - $2,926/month(2) Four-Bedroom Apartments - $2,000 and $3,000/monthEach unit includes 1 full bathroomAdditional Income Streams:Storefront (currently used as storage): $850/monthTwo Large 3-Car Garages (used as warehouse): $500/month, $650/monthTotal: $11,926/monthFinancial Highlights:Total Gross Annual Income: $143,000 (current)Low Property Taxes: Only $15,633 for 2024Utilities: Tenants pay for their own heat and gas, minimizing owner expensesProperty Highlights:Fully renovated in 2018Well-maintained throughoutStrong rental income and high demand in the areaOpportunities like this are hard to come by in today’s marketideal for investors seeking reliable cash flow with minimal overhead.
| MLS # | 980060 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 148 |
| Listing Provided By | Realmart Realty LLC | Shuai Zheng |
| SQ Feet | 6,078 |
|---|---|
| Basement | Y |
| Units | 4 |
| Acreage | 0.11 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Radiant |
| Construction Materials | Vinyl Siding |
|---|
| Parking Features | Detached, Driveway, Garage, Parking Lot |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 10000 |
| Tax Annual Amount | 15633 |
| State | NY |
|---|---|
| County | Westchester County |
| City | Yonkers |
| Zip Code | 10701 |
| Listing VS Median (in 10701) | |
Price: $1,249,000 low | high Med: $259,900 sqft: 6,078 low | high Med: 871 $ / sqft: $205 low | high Med: $298 On site: 148 low | high Med: 132 | |
| State | NY |
|---|---|
| County | Westchester County |
| City | Yonkers |
| Zip Code | 10701 |
| Listing VS Median (in 10701) | |
Price: $1,249,000 low | high Med: $259,900 sqft: 6,078 low | high Med: 871 $ / sqft: $205 low | high Med: $298 On site: 148 low | high Med: 132 | |
![]() | $1,249,00017 Chestnut StreetYonkers, NY 10701 |