216 Woodworth Avenue

Excellent opportunity to purchase this 6 family rental building in Yonkers, walk to train station, with huge upside! First time on the market in 30+ years. Current rent roll offers conservative 3.6% CAP but is projected to increase to 12% CAP, supported by Yonkers Housing Authority rent standards. The building offers 3 floors, 2 units per floor. Units consist of 2 studio apartments, 2 one bedroom apartments, and 2 two bedroom apartments, a balanced mix to maintain stability and revenue management. Property features paved parking lot in rear, potential for supplemental income. Offers rare, value-add opportunity blend of transit-oriented location and untapped income potential.