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Recently Renovated Income Property
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Pending

94 School St, Yonkers, NY 10701

Recently renovated income property with 3-year leases expiring September 30, 2024 and current monthly rent of $3,500 if fully occupied.

Property Size2,300 SF
Days on Market150

Property Features for 94 School St

General Information

Standard status Pending
Size 2,300 SF
Property subtype Multifamily
Occupancy 100%
Listing Agency: Bajraktari Realty Group LLC
Listed By: Helen Nezaj · License #NY 10991200428
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Sep 6 at 8:36AM

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 Bajraktari Realty Group LLC

Investment Insights

Based on property information with market context.

This recently renovated multifamily income property totals 2,300 square feet. The building is described as fully occupied, generating $3,500 per month and projecting an annual profit of $42,000 based on the provided figures.

Leases are structured for 3-year terms, with expiration dated September 30, 2024. The available information also notes an increase in October taxes of $8,021 per year.

The seller’s remarks provide the core operating details for underwriting the current lease schedule and the referenced tax change.

Key Highlights

  • 2,300‑sqft income property that has been recently renovated
  • Fully occupied monthly rent of $3,500
  • Current lease terms are 3 years, expiring September 30, 2024

Property Analytics

Current Use

Royal Solar Company ... Solar Energy Company Prevalent Training Center Training Center Mobii Market Boutique Clothing & Fashion Store My Kookie Kare ... (Bike/Boat/Book/etc) Store Kehinde Consulting & Co Business Management Consultant

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (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.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,979
Businesses Nearby

Demographics for 10701, NY

68,704
Population
28,252
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
15,615
Density / Sq Mi
$63,310
Median Household Income
$42,702
Median Earnings
$1,694
Median Rent
$412,900
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?
Multifamily property - Recently renovated income property with 3-year leases expiring September 30, 2024 and current monthly rent of $3,500 if fully occupied.
Where is this multifamily property located?
The property is located at 94 School St Yonkers, NY.
What are key features of this property?
This property features: 2,300‑sqft income property that has been recently renovated; Fully occupied monthly rent of $3,500; Current lease terms are 3 years, expiring September 30, 2024
(203) 304-7150 Call to check price and availability
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