11 Landscape Avenue, Yonkers, NY 10705
Two-family property with duplex-style layout, walk-out basement, and double-lot outdoor space in Yonkers.
- Added:
- Jun 5, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 20 at 10:06 am
Property Features for 11 Landscape Avenue
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing agent Maximilian Sanchez License #49sa0997567
Listing office Maximo Properties LLC
Listing date Jun 5, 2026
Source Crexi
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 Maximo Properties LLC
HighLights
- Legal two‑family property on a double lot in Yonkers
- Duplex‑style layout: ground floor and walk‑out basement as one unit; second floor and attic as a second unit
- Approximately 8 bedrooms and 5 bathrooms
- Walk‑out basement with generous living space and potential for a separate large unit
- Oversized double‑lot outdoor space for private use
Overview
The walk-out basement adds direct exterior access and helps define the first unit’s footprint, while the overall home offers generous living areas and private outdoor space. The property is located in Yonkers with convenient proximity to shopping, schools, public transportation, Metro-North, and major highways.
From a practical standpoint, this setup can work well for buyers seeking a legal two-family structure with two oversized residences within one property. The layout may also appeal to those looking for an owner-occupied option where one unit can be used for living space while the other supports rental income. With its double-lot setting and level-by-level unit composition, the property offers flexibility that is uncommon in today’s market.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.6k | $37.80 |
| − Vacancy | −$12.3k | −$3.23 |
| EGI | $131.4k | $34.57 |
| − OpEx | −$39.4k | −$10.37 |
| NOI | $92.0k | $24.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.8947895
- Latitude
- 40.9151884
