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    Impeccably Maintained Two-Family Duplex Title is generated by Realmo AI

    54 Villa Avenue, Yonkers, NY 10704

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    For Sale
    $1,137,000

    MULTI_FAMILY - Yonkers, NY

    Lot size:
    0.16 Acres
    Added:
    Feb 3, 2026
    Days on Market:
    120
    Last Refresh:
    Jun 3 at 1:06 pm

    Property Features for 54 Villa Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 1
    Interior features
    First Floor Bedroom, First Floor Full Bath, Crown Molding, Galley Type Kitchen, Granite Counters, High Speed Internet, Primary Bathroom, Master Downstairs, Walk Through Kitchen, Washer/Dryer Hookup
    Standard status
    Active
    APN
    1800-006-000-06378-000-0041
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    13695

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Ductless
    Water source
    Public

    Building Details

    Year built
    1908
    Number of units
    2
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    MaryLou Anderson

    Listing agent MaryLou Anderson License #10401226820

    Listing office K. Fortuna Realty, Inc. 973 Main Street, Hopewell Jct., NY

    Listing date Feb 3, 2026

    MLS# 958009 Listing URL

    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.

    HighLights

    • Two‑family home built in 1908 with separate outdoor entrances for each unit
    • Covered rear decks and in‑unit washer/dryer hookup for both units
    • Full‑finished walkout basement in unit 1 with additional storage
    • 500+ SF detached 2‑car garage with attic/loft space above and a private, expansive driveway for approx. 6 cars
    • Recent major upgrades within the last year: new roof, windows, and siding; Navien tankless water heater; split ductless heating and cooling units
    • Public utilities: public water and public sewer; electric heating plus ductless cooling, with crown molding and granite counters

    Overview

    This two-family duplex is thoughtfully designed and exceptionally well maintained, with each unit featuring separate outdoor entrances, covered rear decks, and a washer and dryer in-unit. Unit 1 includes a fully finished basement with a walkout, adding substantial additional storage and flexibility. A detached two-car garage measuring 500+ square feet sits on the property and includes attic/loft space above.

    The expansive driveway accommodates approximately six cars and is private, not shared. The home also offers a beautifully landscaped backyard and notable curb appeal. Conveniently located near shopping, the Bronx River Parkway, I-87, Metro-North, and local bus service, making it practical for both daily routines and tenant commutes.

    With separate entrances and multiple levels of usable space, the property is well suited for an owner-occupant seeking privacy while renting the second unit, or for investors looking for a turnkey residential income setup. Recent major upgrades completed within the last year include a new roof, windows, siding, a Navien tankless water heater, two heating systems, an oil burner with an above-ground oil tank, and split ductless heating and cooling units, supported by high-end stainless steel appliances.
    Property Profile 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 Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.850968
    Latitude
    40.917106

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    FAQs

    What type of property is this?
    Duplex - Two separate units with in-unit laundry, covered decks, and a private driveway supporting multiple vehicles.
    Where is this duplex located?
    The property is located at 54 Villa Avenue Yonkers, NY.
    What is the asking price?
    The asking price for this property is $1,137,000.
    What are key features of this property?
    This property features: Two‑family home built in 1908 with separate outdoor entrances for each unit; Covered rear decks and in‑unit washer/dryer hookup for both units; Full‑finished walkout basement in unit 1 with additional storage
    (845) 475-2018
    We can help!
    Listing Contact
    MaryLou Anderson
    Real Estate License ID: 10401226820
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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