Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    95 Buena Vista Ave Yonkers, NY 10701

    Sponsored
    For Sale
    $1,400,000

    Six-unit, 12-bedroom rental property in Downtown Yonkers

    Property size:
    7,398 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    352
    This exceptional investment opportunity presents a six-unit multi-family residence located at 95 Buena Vista Ave, Yonkers, NY. Built in 1907, this property encompasses 7,398 square feet on a 0.14-acre lot and offers twelve bedrooms and six full bathrooms, distributed across six two-bedroom, one-bathroom apartments. Each apartment includes its own kitchen. The building generates a current annual income of $74,160, with all units currently rent-stabilized. Convenient amenities include a three-car attached garage and additional driveway parking, a significant advantage in the downtown area. Its prime location in Downtown Yonkers offers easy access to public transportation, including proximity to Metro North and Bee Line buses, facilitating convenient commuting to Manhattan and other areas. Residents enjoy the benefits of nearby major shopping centers, diverse dining options, scenic waterfront views, and recreational facilities. This property presents a compelling investment opportunity, with the potential for both rental income and owner occupancy. The heating system utilizes oil, and the above-ground fuel storage is a key feature. The property's size and layout provide ample space and flexibility for various residential arrangements. This is a rare opportunity to acquire a substantial multi-family property in a highly desirable location.

    Property Features for 95 Buena Vista Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,398 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1907

    We can help!

    Listing Contact
    Dennis Aboagye

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Purrella LLC Bait Shop

    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 County
    State
    New York
    Longitude
    -73.90332
    Latitude
    40.932

    Nearby Similar for Sale

    • $1,800,000
      0.05 Acres

      Yonkers Four-Family Investment Property

      Legal four-family property near shops, transportation, schools, and parks.
      80 Elliott Ave, Yonkers, NY 10705
      View Details
    • $739,900
      Pending

      Yonkers Duplex in Westchester Hills

      Duplex in Westchester Hills neighborhood, ideal for investors or owner-occupiers.
      48 Elissa Ln, Yonkers, NY 10710
      View Details
    • $1,295,000
      0.14 Acres

      Bronxville Multi-Level Flexible Use Building

      Multi-level building suitable for professional, medical, or residential use.
      915 Palmer Rd, Bronxville, NY 10708
      View Details
    • $1,399,000
      Pending

      Yonkers Colonial Multi-Family Home

      Luxury 2-family home in Bryn Mawr neighborhood, Yonkers.
      20 Ashford Pl, Yonkers, NY 10701
      View Details
    • $735,000
      Pending

      Updated Two-Family Home in Yonkers

      Modern two-family home near shopping, dining, and transportation.
      261 Edwards Pl, Yonkers, NY 10703
      View Details
    • $4,250,000
      0.11 Acres

      Yonkers Commercial Property with Expansion Potential

      Two-story industrial building in Yonkers with development opportunities.
      15 School St, Yonkers, NY 10701
      View Details
    • $2,350,000
      0.05 Acres

      Renovated 7-Unit Yonkers Multifamily Property

      Fully renovated 7-unit building in prime Yonkers location.
      288 Woodworth Ave, Yonkers, NY 10701
      View Details
    • $919,000
      Pending

      Renovated Two-Family Home in Yonkers

      Meticulously renovated two-family home in McLean Heights, Yonkers.
      11 Woodbine St, Yonkers, NY 10704
      View Details
    • $850,000
      Pending

      Well-Maintained Duplex in Convenient Location

      Two-family duplex, ideal for homeowners and investors, near transportation.
      372 Sommerville Pl, Yonkers, NY 10703
      View Details
    • $1,200,000
      4,390 SF

      Yonkers Mixed-Use Investment Opportunity

      One-story, multi-occupant commercial structure in the heart of Yonkers.
      204 Ashburton Ave, Yonkers, NY 10701
      View Details
    • $749,000
      Pending

      Two-Family Home with Storefront

      Two-family home with attached store near Saw Mill River Pkwy.
      284 Tompkins Ave, Yonkers, NY 10710
      View Details
    • $995,000
      Pending

      Renovated Victorian Triplex in Yonkers

      Updated Victorian home with income potential in Yonkers, NY.
      22 Landscape Ave, Yonkers, NY 10705
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Six-unit, 12-bedroom rental property in Downtown Yonkers
    Where is this commercial real estate located?
    The property is located at 95 Buena Vista Ave Yonkers, NY.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (914) 713-3270
    Request Owner's contact information
    95 Buena Vista Ave Yonkers, NY 10701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    95 Buena Vista Ave
    Yonkers, NY 10701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    95 Buena Vista Ave Yonkers, NY 10701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dennis Aboagye
    (914) 713-3270
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.