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Yonkers Four-Family Investment Opportunity
For Sale
$1,230,000

94 Elliott Ave, Yonkers, NY 10705

Well-maintained four-family property in Yonkers with income potential.

Property SizeContact for details
Days on Market189

Property Features for 94 Elliott Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1974
Listing Agency: Iconic Pros
Listed By: Rupinder Singh · License #10401279799
Source: Goatrealtyus
Added: Mar 31 Changed: Sep 23 Last Checked: Oct 4 at 12:12PM

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 Iconic Pros

Investment Insights

Based on property information with market context.

This four-family property in Yonkers presents an investment opportunity. The building features four residential units, all currently occupied on a month-to-month basis. Tenants are responsible for all utilities except heat, with annual heating costs approximately $12,000. Interior features include hardwood flooring, granite countertops, dishwashers, windowed bathrooms, dedicated dining areas, basement laundry access, and a shared backyard space. The property is conveniently located near major roadways and public transportation, providing easy access to New York City and surrounding areas. It is situated close to shopping centers, restaurants, schools, and everyday essentials, as well as nearby recreational options such as Tibbetts Brook Park. This location offers a rental market with consistent demand, making it an opportunity for investors seeking a stable, income-producing asset.

Key Highlights

  • Strong income potential as a four‑family property in a high‑demand rental market.
  • Convenient location near major roadways, public transportation, shopping, restaurants, and schools, providing easy access to New York City.
  • Month‑to‑month leases offer flexibility for rent increases or repositioning.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center

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

1,746
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Well-maintained four-family property in Yonkers with income potential.
Where is this quadplex located?
The property is located at 94 Elliott Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,230,000.
What are key features of this property?
This property features: Strong income potential as a four‑family property in a high‑demand rental market.; Convenient location near major roadways, public transportation, shopping, restaurants, and schools, providing easy access to New York City.; Month‑to‑month leases offer flexibility for rent increases or repositioning.
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