Brick 3-Unit
106 King Avenue, Yonkers, NY 10704
For Sale
$1,075,000
The three apartments each include two bedrooms, an eat-in kitchen, a living room, and hardwood floors.
Property Size3,162 SF
Price / SF$339.97
Days on Market14
Property Features for 106 King Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
common laundry room
2 large rear decks
level rear yard
finished basement
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Houlihan Lawrence Inc.
Listed By:
Tony Murphy
(914) 471-0992
Source:
Shawmetro
Added: Oct 28
Changed: Nov 8
Last Checked: Oct 30 at 3:28PM
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 Houlihan Lawrence Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,162-square-foot, brick triplex contains three two-bedroom apartments. Each unit has an eat-in kitchen, living room, hardwood floors, high ceilings, and a fireplace. Formal dining rooms provide additional flexible interior space. The property also has a finished basement area, a shared laundry room, and a full attic with dormer windows. A new roof is among the recent property improvements.
Outdoor features include two rear decks, a level yard, a detached three-car garage, and driveway parking. Built in 1929, the legal three-family property is at 106 King Avenue in Yonkers, New York. Shopping, dining, parks, and public transit are identified as nearby amenities.
Outdoor features include two rear decks, a level yard, a detached three-car garage, and driveway parking. Built in 1929, the legal three-family property is at 106 King Avenue in Yonkers, New York. Shopping, dining, parks, and public transit are identified as nearby amenities.
Key Highlights
- Three legal apartments, each with two bedrooms
- 3,162 square feet; built in 1929
- Detached three‑car garage and driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,513
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,260
$1.5M
Cap Rate 7%
$1,093,043
$1.1M
Cap Rate 9%
$850,144
$850.1K
Market Conditions
NOI Build-Up for 3,162 SF
Gross rent
$119.5K $37.80/SF
− Vacancy
−$10.2K −$3.23/SF
EGI
$109.3K $34.57/SF
− OpEx
−$32.8K −$10.37/SF
NOI
$76.5K $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%
$1,530,260
Cap Rate 7%
$1,093,043
Cap Rate 9%
$850,144
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$956.4K – $1.28M
NOI $76,513 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$1.00M
$878.3K – $1.17M
NOI $70,267 @ 7.0% cap · market cap 6.54%
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
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Triplexes in Yonkers
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The three apartments each include two bedrooms, an eat-in kitchen, a living room, and hardwood floors.
Where is this triplex located?
The property is located at 106 King Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Three legal apartments, each with two bedrooms; 3,162 square feet; built in 1929; Detached three‑car garage and driveway parking
