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    4 Ritters Ln Yonkers, NY 10703

    For Sale
    $899,000

    Spacious 3-family property with over $9,000 monthly rental income potential.

    Lot size:
    0.05 Acres

    Property Features for 4 Ritters Ln

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1900

    Source: Realmart Realty LLC Agent Shuai Zheng

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

    Overview

    Income-Producing 3-Family Home

    This is a 3-family property offering over $9,000 in monthly rental income potential. It features two large vacant units, one with 3 bedrooms and 1 bath, and another with 4 bedrooms and 1 bath. There is also one spacious 2-bedroom, 1-bath legal basement unit. The apartments will be delivered vacant. The property includes updated kitchens and baths, gleaming hardwood floors, and separate utilities for each unit. Located in a prime neighborhood, the property is close to public transportation, schools, shopping, restaurants, and major highways, ensuring strong rental demand. This property provides the flexibility to fit your lifestyle and investment goals, whether you're looking to maximize rental income or occupy one unit while renting the others.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8887539
    Latitude
    40.939904

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    FAQs

    What type of property is this?
    Triplex - Spacious 3-family property with over $9,000 monthly rental income potential.
    Where is this triplex located?
    The property is located at 4 Ritters Ln Yonkers, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - High Income Potential: Over $9,000 monthly rental income.; - Vacant Units: Delivered vacant, allowing immediate rental or occupancy.; - Multiple Units: Three separate units provide diverse income streams.
    (888) 362-6543
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Ritters Ln Yonkers, NY 10703
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