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    156 Palisade Ave Yonkers, NY 10701

    For Sale
    $1,725,000

    Multi-Unit (5+) - Yonkers, NY

    Property size:
    5,700 SF
    Days on Market:
    128
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 156 Palisade Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    900
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    7
    Parking features
    Garage, Garage - Detached
    Size
    5,700 SF

    Building Details

    Year built
    1891
    Year renovated
    1891
    Floors in Building
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    Andrew Lichtenstein, Inc. (718) 549-5999 [email protected]

    Listing agent Andrew Lichtenstein (718) 549-5999

    Listing date Aug 8, 2025

    MLS# 11545332 Listing URL

    Copyright © 2025 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.

    Overview

    Yonkers Mixed-Use Investment Opportunity

    This 3-story mixed-use building is located on a corner lot in the Locust Hill neighborhood of Yonkers. The property features 5 free-market residential units and 2 retail units, currently occupied by a deli and a salon. Additional amenities include a 2-car garage and billboard signage. The location provides convenient access to public transportation, local amenities, and the shopping areas of Downtown Yonkers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Palisade Deli Arizona Deli Miledy Beauty Salon Beauty Salon Sam's Deli Deli

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.893663
    Latitude
    40.937987

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with residential and retail units in Yonkers.
    Where is this mixed-use property located?
    The property is located at 156 Palisade Ave Yonkers, NY.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: - Corner mixed-use building featuring 5 residential and 2 retail units.; - Located in the desirable Locust Hill neighborhood of Yonkers.; - Includes a convenient 2-car garage.
    (718) 549-5999
    Request Owner's contact information
    156 Palisade Ave Yonkers, NY 10701
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    Yonkers, NY 10701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 Palisade Ave Yonkers, NY 10701
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