Duplex with Enclosed Rear
New
For Sale
Contact for pricing
12 Edgewood Avenue, Yonkers, NY 10704
Both apartments have open-plan kitchen and living areas.
Property Size1,645 SF
Days on Market5
Property Features for 12 Edgewood Avenue
General Information
Standard status
Active
Size
1,645 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,150
Amenities
rear enclosed porches
finished lower level
coin operated Laundry
utility room
storage
patio area
Building Details
Building Size
1,645 SF
Year Built
1900
Buildings
1
Listing Agency:
Double C Realty
Listed By:
Kieran Dwyer
(914) 629-7649
Source:
Totallywestchester
Added: Oct 13
Changed: Oct 17
Last Checked: Oct 16 at 6:04PM
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 Double C Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this duplex contains two two-bedroom apartments with open kitchen and living spaces. Updated kitchens and bathrooms, hardwood floors, and enclosed rear porches are among the interior features. A finished lower level adds living space, with a coin-operated laundry area, utility room, and storage. The property also includes a patio and landscaped grounds.
Metro-North service, bus routes, shopping centers, and major parkways are nearby. The property is in Yonkers, with Manhattan described as approximately 25 minutes away.
Metro-North service, bus routes, shopping centers, and major parkways are nearby. The property is in Yonkers, with Manhattan described as approximately 25 minutes away.
Key Highlights
- Two apartments, each with two bedrooms
- Enclosed porches at the rear of the building
- Finished lower level with coin‑operated laundry, utility room, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,805
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,100
$796.1K
Cap Rate 7%
$568,643
$568.6K
Cap Rate 9%
$442,278
$442.3K
Market Conditions
NOI Build-Up for 1,645 SF
Gross rent
$62.2K $37.80/SF
− Vacancy
−$5.3K −$3.23/SF
EGI
$56.9K $34.57/SF
− OpEx
−$17.1K −$10.37/SF
NOI
$39.8K $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%
$796,100
Cap Rate 7%
$568,643
Cap Rate 9%
$442,278
Alternative Uses
Best Use
Multifamily LT 5
$568.6K
$497.6K – $663.4K
NOI $39,805 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$522.2K
$457.0K – $609.3K
NOI $36,556 @ 7.0% cap · market cap 4.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
206
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments have open-plan kitchen and living areas.
Where is this duplex located?
The property is located at 12 Edgewood Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Two apartments, each with two bedrooms; Enclosed porches at the rear of the building; Finished lower level with coin‑operated laundry, utility room, and storage
