Two-Family Duplex Residence with
New
For Sale
$1,150,000
11 Landscape Ave, Yonkers, NY 10705
MULTI_FAMILY - Yonkers, NY
Property Size4,500 SF
Lot Size0.24 Acres
Price / SF$255.56
Days on Market2
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 6, Bedroom 3, Laundry Room, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 2, Bedroom 8, Bathroom 4, Bathroom 5, Bathroom 2
Patio and Porch features
Deck, Patio
High school district
YONKERS CITY SCHOOL DISTRICT
Standard status
Active
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: Jul 30
Last Checked: Jul 30 at 4:06PM
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.
Investment Insights
Based on property information with market context.
This legally classified two-family duplex is set up to provide flexible living arrangements, with a total of 8 bedrooms and 5 bathrooms. The home includes large interior living and dining areas, plus outdoor space featuring a patio and deck for everyday use and entertaining.
The property sits on a double lot and includes public water service. Interior finishes include hardwood flooring, and the heating system is oil-fired with steam heat. Built in 1900, the home is positioned for buyers seeking a residential income configuration in Yonkers.
Buyers should perform their own due diligence regarding current use, occupancy, and any future permitted uses.
The property sits on a double lot and includes public water service. Interior finishes include hardwood flooring, and the heating system is oil-fired with steam heat. Built in 1900, the home is positioned for buyers seeking a residential income configuration in Yonkers.
Buyers should perform their own due diligence regarding current use, occupancy, and any future permitted uses.
Key Highlights
- Legally configured two‑family duplex residence
- 8 bedrooms and 5 bathrooms
- Double lot totaling 0.24 acres
Financial Insights For Apartment 5plus
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 | $199.8k | $44.40 |
| − Vacancy | −$18.0k | −$4.00 |
| EGI | $181.8k | $40.40 |
| − OpEx | −$81.8k | −$18.18 |
| NOI | $100.0k | $22.22 |
4,500 SF · lease $44.40/SF/yr · vacancy 9.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.56M
$1.36M – $1.81M
NOI $108,890 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M
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.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,752
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legally configured two-family duplex with outdoor deck and patio, hardwood floors, and oil steam heat.
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: Legally configured two‑family duplex residence; 8 bedrooms and 5 bathrooms; Double lot totaling 0.24 acres
