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Executive Summary

The Oak & Avery Group is pleased to present the exclusive offering of 28 Yonkers Avenue, a 9-unit
multifamily property in Yonkers, NY.
This asset features eight 2-bedroom apartments and one 3-bedroom unit, all heated by a modern oil boiler installed within the past five years. With a 15% upside potential in legally registered rents and one deregulated unit, this property offers a value-add opportunities.
Strategically located less than two miles from the Yonkers Metro-North Train Station and near the Saw Mill River Parkway, 28 Yonkers Avenue provides convenient access to transportation and amenities.

Property Facts

Price $1,695,000
Price Per Unit $188,333
Sale Type Investment
Cap Rate 7.43%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.10 AC
Building Size 13,340 SF
Average Occupancy 100%
No. Stories 5
Year Built 1924
Zoning B

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Freezer
  • Vacuum System

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Smoke Detector
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1800-001-000-00472-000-0011
Land Assessment
$2,800
Improvements Assessment
$21,500
Total Assessment
$24,300
  • Listing ID: 33829338

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 28 Yonkers Ave, Yonkers, NY 10701

Contact the Sale Advisor

28 Yonkers Ave

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