2-Unit Duplex with 5-Car
New
For Sale
$1,199,999
Pending
117 Greenvale Avenue, Yonkers, NY 10703
Separate utility meters serve two three-bedroom residences, with a full basement and walk-up attic adding usable space.
Property Size1,940 SF
Days on Market5
Property Features for 117 Greenvale Avenue
General Information
Standard status
Pending
Size
1,940 SF
Total Parking Spaces
5
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$11,000
Amenities
fully fenced backyard
covered deck
recreational room
walk-up attic
Full,See Remarks,Walk-Out Access
2
Yes
6
First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Formal Dining,Pantry,Storage,Washer/Dryer Hookup
Full, See Remarks, Walk-Out Access
Decorative,Electric,Living Room
Back Yard,Fenced
Public
8
No
Detached, Driveway, Garage, On Street, Shared Driveway
Balcony
Other,Concrete Perimeter
1940
Building Details
Building Size
1,940 SF
Year Built
1918
Listing Agency:
Keller Williams Realty
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:47PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
Built in 1918, this 1,940-square-foot duplex contains two self-contained residences, each with three bedrooms and one bathroom. Separate utility meters serve the units. The property also includes a full basement with a recreation room, a walk-up attic for storage, and a detached five-car garage. A long driveway provides additional parking, while a fenced backyard and a covered deck for each residence add outdoor space.
The property is in Yonkers, with access to three major highways. Parks, daycares, grocery stores, and shopping are described as nearby; Cross County Mall and Central Park Avenue are 15 minutes away.
The property is in Yonkers, with access to three major highways. Parks, daycares, grocery stores, and shopping are described as nearby; Cross County Mall and Central Park Avenue are 15 minutes away.
Key Highlights
- Two units, each with 3 bedrooms and 1 bathroom
- 1,940 square feet; built in 1918
- Separate utility meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,943
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,860
$938.9K
Cap Rate 7%
$670,614
$670.6K
Cap Rate 9%
$521,589
$521.6K
Market Conditions
NOI Build-Up for 1,940 SF
Gross rent
$73.3K $37.80/SF
− Vacancy
−$6.3K −$3.23/SF
EGI
$67.1K $34.57/SF
− OpEx
−$20.1K −$10.37/SF
NOI
$46.9K $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%
$938,860
Cap Rate 7%
$670,614
Cap Rate 9%
$521,589
Alternative Uses
Best Use
Multifamily LT 5
$670.6K
$586.8K – $782.4K
NOI $46,943 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$615.9K
$538.9K – $718.5K
NOI $43,111 @ 7.0% cap · market cap 3.59%
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
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
Explore this area
Business Placement
Demographics for 10703, NY
22,571
Population
7,925
Households
2.8
Avg Household Size
39
Median Age
26%
College-Educated
80%
High-School Grad
1.6 sq mi
ZIP Area
14,107
Density / Sq Mi
$74,940
Median Household Income
$42,972
Median Earnings
$1,702
Median Rent
$477,500
Median Home Value
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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?
Duplex - Separate utility meters serve two three-bedroom residences, with a full basement and walk-up attic adding usable space.
Where is this duplex located?
The property is located at 117 Greenvale Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 bathroom; 1,940 square feet; built in 1918; Separate utility meters for each residence
