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Spacious Triplex in Prime Location
For Sale
$949,000
Pending

104 Hart Ave, Yonkers, NY 10704

Three-family property near transportation, schools, and shopping.

Property Size2,772 SF
Lot Size0.10 Acres
Days on Market314

Property Features for 104 Hart Ave

General Information

Standard status Pending
Size 2,772 SF
Lot size 0.10 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $10,457

Building Details

Building Size 2,772 SF
Year Built 1908
Units 3
Listed By: Adrian H. Djonbalaj
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 5 Last Checked: Oct 7 at 12:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adrian H. Djonbalaj

Investment Insights

Based on property information with market context.

Located in Yonkers, NY, the property at 104 Hart Ave is a three-family residence. It features a long driveway that leads to a two-car detached garage, providing parking space. The property is situated in close proximity to public transportation, schools, and the Cross County Shopping Center. The neighboring property, 98 AKA 100 Hart Ave, is also for sale.

Key Highlights

  • Three‑family property ideal for investors.
  • Prime location in Yonkers near public transportation, schools, and Cross County Shopping Center.
  • Long driveway and two‑car detached garage provide ample parking.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,076
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,341,520 $1.3M
Cap Rate 7%
$958,229 $958.2K
Cap Rate 9%
$745,289 $745.3K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$104.8K $37.80/SF
− Vacancy
−$9.0K −$3.23/SF
EGI
$95.8K $34.57/SF
− OpEx
−$28.7K −$10.37/SF
NOI
$67.1K $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 Rate 5%
$1,341,520
Cap Rate 7%
$958,229
Cap Rate 9%
$745,289

Alternative Uses

Best Use
Multifamily LT 5
$958.2K
$838.5K – $1.12M (±1% cap)
NOI $67,076 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$880.0K
$770.0K – $1.03M (±1% cap)
NOI $61,600 @ 7.0% cap · market cap 6.49%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,804
Businesses Nearby

Demographics for 10704, NY

32,426
Population
12,576
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
12,010
Density / Sq Mi
$110,097
Median Household Income
$57,134
Median Earnings
$1,898
Median Rent
$508,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family property near transportation, schools, and shopping.
Where is this triplex located?
The property is located at 104 Hart Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Three‑family property ideal for investors.; Prime location in Yonkers near public transportation, schools, and Cross County Shopping Center.; Long driveway and two‑car detached garage provide ample parking.
More about this property
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