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Legal Three-Family Home
For Sale
Contact for pricing
Pending

164 Ridge Ave, Yonkers, NY 10703

Well-maintained three-family property with three-bedroom units and a separate basement entrance.

Property SizeContact for details
Days on Market145

Property Features for 164 Ridge Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: Worth Property Group
Listed By: Anthony Naporlee · License #10401377232
Source: Crexi
Added: Apr 11 Changed: Aug 13 Last Checked: Sep 2 at 12:45AM

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 Worth Property Group

Investment Insights

Based on property information with market context.

This legal three-family home is configured with three spacious apartments, each offering three bedrooms and one full bath. Floors two and three include an additional bonus room that may serve as office space or a walk-in closet. The heating system has been maintained with records of yearly service. Recent upgrades include new water lines, gas lines, and smart meters.

A separate entrance leads into the basement, which features high ceilings and a washer/dryer hookup for tenants. The property also includes outdoor space with a backyard that offers scenic views.

Overall, the building presents a straightforward income-producing setup with multiple three-bedroom units and practical in-unit and basement amenities for tenant use.

Key Highlights

  • Well‑maintained legal 3‑family home in Yonkers with three spacious 3‑bedroom units, each with 1 full bath
  • Units on floors three and two include an extra bonus room for office space or a walk‑in closet
  • Heating system has yearly maintenance service records

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,594
Businesses Nearby

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

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?
Triplex - Well-maintained three-family property with three-bedroom units and a separate basement entrance.
Where is this triplex located?
The property is located at 164 Ridge Ave Yonkers, NY.
What are key features of this property?
This property features: Well‑maintained legal 3‑family home in Yonkers with three spacious 3‑bedroom units, each with 1 full bath; Units on floors three and two include an extra bonus room for office space or a walk‑in closet; Heating system has yearly maintenance service records
More about this property
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