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42 Alder Street Yonkers, NY 10701

View on Map
Pending
$895,000

MULTI_FAMILY - Yonkers, NY

Lot size:
0.04 Acres
Added:
Mar 4, 2026
Days on Market:
28
Last Refresh:
Apr 1 at 10:06 am

Property Features for 42 Alder Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 6, Basement, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 5
Parking features
On Street, Garage
Interior features
First Floor Bedroom, First Floor Full Bath, Entrance Foyer, Washer/Dryer Hookup
Basement
Storage Space, Unfinished, Full, Walk-Out Access
Standard status
Pending
APN
1800-001-000-00430-000-0001
Lot size
0.04 Acres

Taxes and HOA fees

TaxYear
2026
TaxAnnualAmount
11093

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Ductless, Electric
Water source
Public

Building Details

Year built
1923
Number of units
2
Flooring type
Laminate
Building materials
Frame

We can help!

Listing Contact
Ryan Paige
Ryan Paige

Listing agent Ryan Paige License #10401301918

Listing office Corcoran Baer & McIntosh 97 S Broadway, Congers, NY

Listing date Mar 4, 2026

MLS# 965448

Copyright © 2026 OneKey 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

Renovated Duplex in Yonkers

Located on a corner lot in Yonkers, 42 Alder Street is a renovated two-family duplex. The property is situated moments from Metro-North stations and major parkways, offering access to Manhattan. Both units feature three bedrooms and one bathroom and were fully renovated in 2025 with modern finishes. The renovations include flooring, updated kitchens with stainless steel appliances, and updated bathrooms. New windows with a lifetime warranty provide natural light, while a new roof and energy-efficient boiler enhance durability. Each unit has mini-split systems for heating and cooling. The property has three separate meters, with the second-floor tenant paying their own gas and electric. Solar panels are currently leased. The property generates $81,300 in gross annual income, with both residential units and the three-car garage fully rented. The garage provides additional cash flow. An unfinished basement offers the possibility of conversion into an additional two-bedroom unit with washer/dryer hookups. A fenced yard completes the property. The property is located minutes away from downtown Yonkers, its waterfront, restaurants, shops and neighborhood conveniences.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Yonkers
County
Westchester
State
New York
Longitude
-73.885643
Latitude
40.929213

FAQs

What type of property is this?
Duplex - Updated two-family duplex near Manhattan with income potential.
Where is this duplex located?
The property is located at 42 Alder Street Yonkers, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Strong income‑generating property with $81,300 gross annual income and an approximate 7.2% cap rate.; Fully renovated in 2025 two‑family duplex featuring modern finishes, stainless steel appliances, and updated bathrooms in both 3‑bed/1‑bath units.; Excellent location in Yonkers, close to Metro‑North stations, major parkways, and downtown Yonkers amenities, offering an easy commute to Manhattan.
More about this property
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