Triplex With Walk-Out
For Sale
$999,000
125 aka 127 Woodland Avenue, Yonkers, NY 10703
Three-family property with a walk-out basement, garage, driveway parking, and an additional lot.
Property Size3,316 SF
Price / SF$301.27
Days on Market10
Property Features for 125 aka 127 Woodland Avenue
General Information
Standard status
Active
Size
3,316 SF
Property subtype
Duplex
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$12,309
Amenities
walk out basement
garage
landscaped yard
Building Details
Building Size
3,316 SF
Year Built
1916
Buildings
1
Listing Agency:
Century 21 Dawns Gold Realty
(914) 879-2352
Listed By:
Randa S. Innabi
Source:
Shawmetro
Added: Aug 8
Changed: Aug 16
Last Checked: Aug 16 at 2:24PM
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 Century 21 Dawns Gold Realty
Investment Insights
Based on property information with market context.
This three-family residential property was built in 1916 and includes six bedrooms, three full bathrooms, and additional rooms. The improvements also feature a walk-out basement and garage, providing functional space across the property.
The home includes driveway parking for six cars and sits with an additional lot containing a landscaped yard. The property is located at 125 aka 127 Woodland Avenue in Yonkers, New York.
The home includes driveway parking for six cars and sits with an additional lot containing a landscaped yard. The property is located at 125 aka 127 Woodland Avenue in Yonkers, New York.
Key Highlights
- Three‑family property with 6 bedrooms and 3 full bathrooms
- Walk‑out basement and garage
- Driveway parking for 6 cars
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,239
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,604,780
$1.6M
Cap Rate 7%
$1,146,271
$1.1M
Cap Rate 9%
$891,544
$891.5K
Market Conditions
NOI Build-Up for 3,316 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$125.3K $37.80/SF
− Vacancy
−$10.7K −$3.23/SF
EGI
$114.6K $34.57/SF
− OpEx
−$34.4K −$10.37/SF
NOI
$80.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,604,780
Cap Rate 7%
$1,146,271
Cap Rate 9%
$891,544
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.00M – $1.34M
NOI $80,239 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$1.05M
$921.1K – $1.23M
NOI $73,689 @ 7.0% cap · market cap 7.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
Explore this area
Business Placement
Demographics for 10703, NY
22,571
Population
7,925
Households
2.8
Avg Household Size
39
Median Age
26%
College-Educated
80%
High-School Grad
1.6 sq mi
ZIP Area
14,107
Density / Sq Mi
$74,940
Median Household Income
$42,972
Median Earnings
$1,702
Median Rent
$477,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family property with a walk-out basement, garage, driveway parking, and an additional lot.
Where is this triplex located?
The property is located at 125 aka 127 Woodland Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three‑family property with 6 bedrooms and 3 full bathrooms; Walk‑out basement and garage; Driveway parking for 6 cars
