Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
25,040 SF
Site
0.87 acres
Price / SF
$319
Going-in cap
6.00%
Year built
1970
Zoning
MG
The offering
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.
Building & site
Interest conveyedFee simple
Gross building area25,040 SF
Building typeMulti Family
Property typeMulti Family
Year built1970
Land area0.87 acres
Land area, SF37,897 SF
WaterPublic
SewerPublic Sewer
HeatBaseboard, Hot Water, Natural Gas
Tax parcel5518002.-2160-45
Number of buildings4
Parking spaces51
Distance to train1 mi
Zoning & permitted uses
District
MG
Permitted uses are governed by the Yonkers zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Income & tenancy
Going-in cap
6.00%
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2025 taxes
$175,332
Assessed value
$150,000
Land assessment
$30,300
Full market value
$8,427,000
Owner of record
Cache LLC
School district
Yonkers
Property class
411 · Garden apt
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.