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Property Description

Calling all investors…rare opportunity to own a solid brick 9 family-income producing building in the heart of Yonkers’ – Hollywood on the Hudson and Downtown Revitalization Initiative. Located just .5 miles from Metro North, the new waterfront renaissance area and Lion’s Gate Hollywood Studios, this property presents a potential profitable investment to park your money in. Nine spacious 3 bedroom ,1 bath units with a large walkout basement and ample rear yard. Each unit has an eat-in kitchen, living room, dining space, 3 bedrooms, den (4th bedroom), bathroom and ample closets. The building is currently rent stabilized with a yearly income of $151,000 (increases – not reflected here – will take effect June 2025) and is fully occupied by long term tenants. Walk out lower level consists of the 9th unit, utility room, work room and storage. Gas heat. Tenants pay for cooking gas and electricity. Building is being sold “AS-IS”. Walk to Getty Square and centrally located to bus, train, shopping centers, major parkways and 28 minutes to Manhattan. Get in before the Revitalization Initiative is complete and these great investment opportunities are no longer available. Won’t last.

Features
Heating System:
Natural Gas
Cooling System:
No
Basement:
Partially Finished
Sewer:
Public Sewer
Utilities:
Natural Gas Connected
Address Map
City:
Yonkers
State:
NY
County:
Westchester County
Directions:
Yonkers Ave to New School St to John St to Locust Hill Ave.
Property and Construction
Development Status:
Brick
Elementary School:
Yonkers
High School:
Contact Agent
Agent MlsId:
19505
Office MlsId:
BHHSWP
MiddleOrJunior School:
Call Listing Agent
Number Of Units:
9
Special Listing Conditions:
No
Tax Annual Amount:
$21,260
Water Source:
Public
PhotosCount:
40

Commercial Sale For Sale

20 Locust Hill Avenue, Yonkers, NY

7,841 Acre
$1,600,000
Listing ID #865661
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
865661
Price :
$1,600,000
Bathrooms Total :
0
Building Area :
11,875 Sqft
Lot Area :
7,841 Acre
Year Built :
1910
Status :
Active
Status :
Active
Listing Office :
Berkshire Hathaway HS NY Prop
Listing Agent :
Anne Marie Nascimento
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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