Triplex With 14
For Sale
$1,198,000
130-134-136 Oliver Ave, Yonkers, NY 10701
MULTI_FAMILY - Yonkers, NY
Property Size1,900 SF
Lot Size0.09 Acres
Price / SF$630.53
Days on Market155
Property Features for 130-134-136 Oliver Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 4
Subdivision
Nodine Hill
High school district
000000
Standard status
Active
APN
000000-001.000-0440-017.000
Size
1,900 SF
Lot size
0.09 Acres
Building Details
Year built
1935
Floors in Building
3
Listing Agency:
CENTURY 21 DAWNS GOLD
(914) 793-8800
Listed By:
Abraham Mathew · License #31MA0877041
(914) 793-8800
Added: Mar 16
Changed: Aug 17
Last Checked: Aug 17 at 3:06AM
MLS# 11674861
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily offering includes a legal three-family residence along with a separate two-story single-family home positioned toward the rear of the lots. The property contains approximately 1,900 square feet and was built in 1935, with storage areas and 14 garages contributing substantial supporting space.
The package encompasses 0.09 acres at 130-134-136 Oliver Ave in Yonkers, New York. The sale is offered as-is, and prospective buyers are responsible for independently verifying taxes and zoning before proceeding.
The package encompasses 0.09 acres at 130-134-136 Oliver Ave in Yonkers, New York. The sale is offered as-is, and prospective buyers are responsible for independently verifying taxes and zoning before proceeding.
Key Highlights
- Legal three‑family residence included in the package
- Separate two‑story single‑family home at the rear
- 14 garages plus storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,976
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$919,520
$919.5K
Cap Rate 7%
$656,800
$656.8K
Cap Rate 9%
$510,844
$510.8K
Market Conditions
NOI Build-Up for 1,900 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$71.8K $37.80/SF
− Vacancy
−$6.1K −$3.23/SF
EGI
$65.7K $34.57/SF
− OpEx
−$19.7K −$10.37/SF
NOI
$46.0K $24.20/SF
Area
Yonkers, NY
Vacancy
8.55%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$919,520
Cap Rate 7%
$656,800
Cap Rate 9%
$510,844
Alternative Uses
Best Use
Multifamily LT 5
$656.8K
$574.7K – $766.3K
NOI $45,976 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$603.2K
$527.8K – $703.7K
NOI $42,222 @ 7.0% cap · market cap 3.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,500
Businesses Nearby
Explore this area
Business Placement
Demographics for 10701, NY
68,704
Population
28,252
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
15,615
Density / Sq Mi
$63,310
Median Household Income
$42,702
Median Earnings
$1,694
Median Rent
$412,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Multifamily package with additional residential space, storage, and extensive garage capacity.
Where is this triplex located?
The property is located at 130-134-136 Oliver Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Legal three‑family residence included in the package; Separate two‑story single‑family home at the rear; 14 garages plus storage areas
