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279 S Broadway 12 Unit Apartment Building $4,000,000 ($333,333/Unit) Yonkers, NY 10705
Investment Highlights
- Backyard
- Prime Location
Executive Summary
Located in the desirable Ludlow/Park Hill area of Yonkers, 279 S Broadway is a 12-unit brick investment property offering tremendous upside and over 13,000 square feet of living space. All units are currently rented month-to-month, providing flexibility for future rent increases or repositioning. The building features boilers installed in 2019 and a full unfinished basement loaded with potential, ideal for adding coin-operated washer/dryer units to generate additional income and enhance tenant convenience. A private backyard, accessible only to ownership, offers a rare outdoor amenity in this corridor. With its solid structure, income stability, and proximity to the Ludlow Metro-North Station, downtown Yonkers waterfront, and major highways, this property presents a prime opportunity for investors seeking long-term growth and value in one of Yonkers’ most promising submarkets.
Property Facts
| Price | $4,000,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $333,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 12 | Building Size | 13,260 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1958 |
| Zoning | BA - General Business and Apartment Housing | ||
| Price | $4,000,000 |
| Price Per Unit | $333,333 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 13,260 SF |
| No. Stories | 3 |
| Year Built | 1958 |
| Zoning | BA - General Business and Apartment Housing |
Amenities
Unit Amenities
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Basement
Site Amenities
- Fenced Lot
- Public Transportation
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Walk Score®
Walker's Paradise (91)
Property Taxes
| Parcel Number | 1800-001-000-00185-000-0039 | Improvements Assessment | $20,000 |
| Land Assessment | $5,000 | Total Assessment | $25,000 |
Property Taxes
Parcel Number
1800-001-000-00185-000-0039
Land Assessment
$5,000
Improvements Assessment
$20,000
Total Assessment
$25,000
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279 S Broadway
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