228 Elm (aka 1 Cliff St.) Street Yonkers, NY 10701

$749,000
228 Elm (aka 1 Cliff St.) Street, Yonkers, NY 10701
Call 1-800-839-1363
4738998

Multi-Family Home for sale in Yonkers, NY

for $749,000 with 7 bedrooms and 4 full baths. This 3,600 square foot home was built in 1990 on a lot size of 0.0475 Acre(s).

Property Information

  • $749,000
  • 7 Bedrooms
  • 4 Full Baths
  • Multi-Family
  • 3,600 Square Feet
  • Taxes are $10,803
  • Tri-Level
  • Active
  • Lot size of 0.0475 Acre(s)
  • Built in 1990
  • Yonkers, NY
  • Southwest Yonkers Neighborhood
  • Westchester County
  • MLS/Web ID is 4738998
  • Just Listed

Description

Excellent Investment for an entrepreneur with a business vision. Four family building with 20 parking spots clearly distinguished in an designated improvement zone by the City of Yonkers. Ever walked by a neighborhood and said only if I knew I would have bought that home or building. Well now you know. This building offers 3 two bedroom units and 1 one bedroom unit. All present day rents are under market value and leases will commence to expire within 6 months. Favorable interior and exterior conditions will allow you to have a turn key operation. Possible expansion to the property may be available with smaller lot that recently has been seized by the City of Yonkers and will be placed in auction. Such acquisition may allow for construction of a second building. Lets see .... under market value rents, in a designated City of Yonkers area with 20 parking spots, equals a very potential MONEY MAKER. Great income. Gross op. inc. $91, 104 ( parking of 20 spaces) Net $79, 704. WOW!

Interior 6

Appliances

  • Stand Alone

Basement

  • Partially Finished

Heating Source

  • Gas
  • Oil

Heating System

  • Radiators

Sewer

  • Municipal

Water Source

  • Municipal

Exterior 5

Construction

  • Brick

Lot Description

  • Corner

Parking

  • Parking Lot
  • Parking Spaces

Road Frontage

  • Rail

Siding

  • Brick

Miscellaneous 2

Location

  • Near Park
  • Walk to School
  • Walk To Shopping

Public Transportation Location

  • Close to Bus

† Excluded Feature

Neighborhood & Schools

School District: Yonkers
Elementary School: Yonkers
Middle School: Yonkers
High School: Yonkers

 See complete school information

Listed By

Listing Agent: Joseph "Petie" Rivera
Broker: Weichert Realtors
Office: Larchmont

228 Elm (aka 1 Cliff St.) Street, Yonkers, NY, 10701 is a Multi-Family Home for sale at $749,000 with 3,600 sqft and a lot size of 0.0475 Acre(s). 228 Elm (aka 1 Cliff St.) Street has 7 bedrooms, 4.0 baths, and was built in 1990. The property's zip code is 10701 which is in Yonkers, NY

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Market Pricing

Average % of sale price Median % of sale price
All listings in Yonkers $484,764 35 % below $429,950 43 % below
Multi-family listings in Yonkers $532,033 29 % below $499,000 33 % below

Get the facts about Yonkers, NY!

Population 199,751
Population Growth (since 2000) 2 %
Median Income $60,149
Median Age 38.75
Households w/ Children 30 %

Residential Dwellings

  • Owned 35415
  • Vacant 5504
  • Rented 40598

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