Yonkers Multifamily Investment
For Sale
$715,000
105 Palisade Avenue, Yonkers, NY 10701
Three-unit multifamily home in Yonkers with strong rental income potential.
Property Size1,628 SF
Price / SF$439.19
Days on Market300
Property Features for 105 Palisade Avenue
General Information
Standard status
Active
Size
1,628 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$7,300
Amenities
Square Feet
No
Other, Public
Other
Vinyl Siding
On Street, Open
Building Details
Year Built
1925
Listing Agency:
eXp Realty
Listed By:
Ramanjit Dhanoa
(888) 276-0630
Source:
Compass
Added: Jan 3
Changed: Oct 25
Last Checked: Oct 28 at 10:49AM
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 eXp Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 105 Palisade Avenue in Yonkers, this well-maintained multifamily home features three apartments, each containing three bedrooms. The property is suitable for generating rental income or accommodating multigenerational living. Each unit provides access to a backyard and deck. The property is located near shops, schools, and major transportation routes. The property is being sold as-is with paying tenants.
Key Highlights
- Multifamily home with three spacious 3‑bedroom apartments, ideal for rental income or multigenerational living.
- Each unit has access to a backyard and deck.
- Convenient location near shops, schools, and major transportation routes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,394
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,880
$787.9K
Cap Rate 7%
$562,771
$562.8K
Cap Rate 9%
$437,711
$437.7K
Market Conditions
NOI Build-Up for 1,628 SF
Gross rent
$61.5K $37.80/SF
− Vacancy
−$5.3K −$3.23/SF
EGI
$56.3K $34.57/SF
− OpEx
−$16.9K −$10.37/SF
NOI
$39.4K $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%
$787,880
Cap Rate 7%
$562,771
Cap Rate 9%
$437,711
Alternative Uses
Best Use
Multifamily LT 5
$562.8K
$492.4K – $656.6K
NOI $39,394 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$516.8K
$452.2K – $603.0K
NOI $36,178 @ 7.0% cap · market cap 5.06%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,879
Businesses Nearby
Explore this area
Business Placement
Demographics for 10701, NY
68,704
Population
28,252
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
15,615
Density / Sq Mi
$63,310
Median Household Income
$42,702
Median Earnings
$1,694
Median Rent
$412,900
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
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit multifamily home in Yonkers with strong rental income potential.
Where is this triplex located?
The property is located at 105 Palisade Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Multifamily home with three spacious 3‑bedroom apartments, ideal for rental income or multigenerational living.; Each unit has access to a backyard and deck.; Convenient location near shops, schools, and major transportation routes.
