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12 Mulberry St Yonkers, NY 10701

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For Sale
$1,099,000

Well-maintained 7-unit property in Yonkers, near Manhattan.

Lot size:
0.07 Acres

Property Features for 12 Mulberry St

General Information

Standard status
Active
Lot size
0.07 Acres

Building Details

Year built
1909

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Listing Contact
Kieran Dwyer
Source: Corcoran

Listing Agency: DOUBLE C REALTY Listing Agent: Kieran Dwyer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Yonkers Multifamily Investment Opportunity

This well-maintained 7-unit multifamily property is located in the downtown area of Yonkers, approximately 25 minutes north of Manhattan. The property offers immediate, stable cash flow, making it suitable for both experienced investors and those looking to expand their portfolio in a high-demand rental market. The location is commuter-friendly, providing tenants with convenient access to public transportation, shopping, dining, and major highways. The property generates a gross income of $121,020, with yearly expenses (taxes, insurance, heat, water, and electric) totaling $31,832. The building's solid fundamentals, consistent occupancy, and low operating costs contribute to its appeal as a turnkey investment with strong long-term appreciation prospects.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Yonkers
County
Westchester
State
New York
Longitude
-73.8824982
Latitude
40.9363651

FAQs

What type of property is this?
Apartment building - Well-maintained 7-unit property in Yonkers, near Manhattan.
Where is this apartment building located?
The property is located at 12 Mulberry St Yonkers, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: - Immediate, stable cash flow with a gross income of $121,020.; - Low yearly operating expenses of $31,832 (Taxes, Insurance, Heat, Water, Electric).; - Located in a high-demand, commuter-friendly rental market in downtown Yonkers.
More about this property
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