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Duplex with Multiple Living Areas
For Sale
$1,150,000
Pending

11 Landscape Ave, Yonkers, NY 10705

Residential Income, Yonkers, NY

Property Size4,500 SF
Lot Size0.24 Acres
Days on Market94

Property Features for 11 Landscape Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 8, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 7, Bathroom 3, Bathroom 1, Bathroom 5, Laundry Room, Bedroom 5, Bathroom 2, Bedroom 2
Patio and Porch features Deck, Patio
High school district YONKERS CITY SCHOOL DISTRICT
Standard status Pending
Size 4,500 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 7418

Utilities

Heating system Steam, Oil
Water source Public

Amenities

outdoor entertainment space

Building Details

Year built 1900
Floors in Building 2
Flooring type Hardwood
Listing Agency: MAXIMO PROPERTIES LLC
Listed By: Maximilian Sanchez · License #49SA0997567
Added: Jul 29 Changed: Oct 23 Last Checked: Oct 30 at 2:06AM
MLS# 11909085

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 4,500-square-foot duplex, built in 1900, is legally classified as a two-family residence and includes eight bedrooms and five bathrooms. The interior offers multiple living areas along with generously sized living and dining rooms. Hardwood flooring, oil and steam heating, and public water service are among the documented property features.

Set on a 0.24-acre double lot in Yonkers, the property includes both a patio and deck for outdoor use. The site also provides ample parking. Its existing two-family classification and substantial room count support a range of household and residential income configurations, subject to buyer verification of current use, occupancy, and permitted uses.

Key Highlights

  • 4,500 square feet with 8 bedrooms and 5 bathrooms
  • Legally classified as a two‑family residence
  • 0.24‑acre double lot in Yonkers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,000
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,000,000 $2.0M
Cap Rate 7%
$1,428,571 $1.4M
Cap Rate 9%
$1,111,111 $1.1M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$199.8K $44.40/SF
− Vacancy
−$18.0K −$4.00/SF
EGI
$181.8K $40.40/SF
− OpEx
−$81.8K −$18.18/SF
NOI
$100.0K $22.22/SF
Area
Yonkers, NY
Vacancy
9.00%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,000,000
Cap Rate 7%
$1,428,571
Cap Rate 9%
$1,111,111

Alternative Uses

Best Use
Multifamily LT 5
$1.56M
$1.36M – $1.81M (±1% cap)
NOI $108,890 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,000 @ 7.0% cap · market cap 8.70%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,752
Businesses Nearby

Demographics for 10705, NY

41,785
Population
15,620
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
18,993
Density / Sq Mi
$68,616
Median Household Income
$40,717
Median Earnings
$1,602
Median Rent
$445,600
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-family residence with flexible interior spaces, outdoor areas, and parking on a double lot.
Where is this duplex located?
The property is located at 11 Landscape Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4,500 square feet with 8 bedrooms and 5 bathrooms; Legally classified as a two‑family residence; 0.24‑acre double lot in Yonkers
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