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Yonkers Multifamily Investment Opportunity
For Sale
$1,900,000

625 S Broadway, Yonkers, NY 10705

Legal 10-family building near transportation and shopping.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market152

Property Features for 625 S Broadway

General Information

Standard status Active
Lot size 0.09 Acres
Property subtype Commercial

Building Details

Year Built 1934
Listing Agency: PETERCO PROPERTIES INC
Listed By: Peter Mul
Source: Elliman
Added: Mar 24 Changed: Jul 6 Last Checked: Aug 21 at 7:50AM

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 PETERCO PROPERTIES INC

Investment Insights

Based on property information with market context.

This is a legal 10-family, rent-stabilized building where all documents have been filed each year. The building features two 2-bedroom apartments and eight 3-bedroom apartments. There are eleven gas meters and eleven electric meters. A bus stop is located at the doorstep, and the property is minutes from the Metro North train station, shopping centers, and major parkways. Manhattan is 28 minutes away, making this property suitable for commuters. The total yearly income is $188,865, with yearly expenses of $60,000, potentially making it an addition to an investor’s portfolio.

Key Highlights

  • Legal 10‑family, rent‑stabilized building with documented compliance.
  • High yearly income of $188,865 with $60K yearly expenses.
  • Excellent commuter location: bus stop at doorstep, minutes to Metro North, 28 minutes to Manhattan.

Property Analytics

Current Use

S Broadway & caryl ... Freight Service

Suggested Use

Top Pick Law Firm Real Estate Agency Travel Agency Acupuncture Skin Care Clinic Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,772
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Legal 10-family building near transportation and shopping.
Where is this apartment building located?
The property is located at 625 S Broadway Yonkers, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Legal 10‑family, rent‑stabilized building with documented compliance.; High yearly income of $188,865 with $60K yearly expenses.; Excellent commuter location: bus stop at doorstep, minutes to Metro North, 28 minutes to Manhattan.
More about this property
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