New ListingWelcome to 58 Palmer Road in Yonkers, a classic semi-attached two-family home in the desirable Bryn Mawr (Bryn Mawr Park) neighborhood that is truly a diamond in the rough. This is a major opportunity for the right buyer or investor who has vision and is ready to put in the TLC-because while the property needs a significant amount of work, it has been priced accordingly and sits in a prime, high-demand location.The layout offers excellent flexibility. The main level features a spacious four-bedroom, two-bath duplex that opens onto a porch and leads out to a very spacious, long backyard-ideal for outdoor living, entertaining, or future enhancement once renovated. Below is a convenient ground-floor one-bedroom, one-bath walk-in unit with its own entrance. Together, the configuration supports living in one unit while collecting rent from the other, or operating the entire property as a pure investment after renovations.Location is a standout strength. Palmer Road sits right by major highways, with immediate access via the Saw Mill River Parkway (Exit 5A at Palmer Road) and quick connections to I-87 (the New York State Thruway/Major Deegan), the Cross County Parkway, and other routes. This makes commuting into Manhattan or around Westchester straightforward. The Bryn Mawr area itself is an established residential neighborhood with a mix of single- and multi-family homes, nearby green spaces including Welty Park, access toward Tibbetts Brook Park and the South County Trailway, local shopping and services, and proximity to well-regarded schools such as Saunders Trades & Technical High School (located on Palmer Road). The combination of convenience, parks, and everyday amenities keeps demand strong in this part of Yonkers.This is not a turnkey property-it will require meaningful renovation and a clear vision. But for the buyer or investor prepared to put in the work, the upside is clear: renovate, then either occupy one unit and generate rental income from the other, or hold it fully as an income-producing asset in a location that supports long-term value. Priced to reflect its current condition, 58 Palmer Road represents a genuine opportunity for someone ready to unlock its potential.
| MLS # | 1042859 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 4 |
| Listing Provided By | eXp Realty | Manuel Galan |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,544 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.08 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Other |
| Interior Features | High Ceilings, Natural Woodwork, Other, Storage, Walk Through Kitchen |
| Construction Materials | Brick, Frame |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 8778 |
| Tax Annual Amount | 9263 |
| State | NY |
|---|---|
| County | Westchester County |
| City | Yonkers |
| Zip Code | 10701 |
| School District | Yonkers (School Choice) |
| Elementary School | Yonkers (School Choice) |
| High School | Yonkers (School Choice) |
| Listing VS Median (in 10701) | |
Price: $625,000 low | high Med: $259,900 sqft: 1,544 low | high Med: 871 $ / sqft: $405 low | high Med: $298 On site: 4 low | high Med: 133 | |
| State | NY |
|---|---|
| County | Westchester County |
| City | Yonkers |
| Zip Code | 10701 |
| School District | Yonkers (School Choice) |
| Elementary School | Yonkers (School Choice) |
| High School | Yonkers (School Choice) |
| Listing VS Median (in 10701) | |
Price: $625,000 low | high Med: $259,900 sqft: 1,544 low | high Med: 871 $ / sqft: $405 low | high Med: $298 On site: 4 low | high Med: 133 | |