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17-Unit Apartment Building
For Sale
$1,600,000

8 Highland Avenue, Yonkers, NY 10705

Historic multifamily property with varied apartment layouts and access to transit, shopping, parks, and on-street parking.

Property Size11,196 SF
Price / SF$142.91
Days on Market1801

Property Features for 8 Highland Avenue

General Information

Standard status Active
Size 11,196 SF
Property subtype Multi Family

Units

Unit Mix 2 x 1BR, 8 x 2BR, 1 x 3BR, 6 x studio
Multifamily Units 17

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $21,243

Amenities

No, No, On Street
Square Feet
Public
11196
No Common Walls
No
On Street

Building Details

Year Built 1896
Listing Agency: Silverside Realty LLC
Listed By: Brandon Doswell-Stephens · License #10401251013
Source: Compass
Added: Nov 18, 2021 Changed: Oct 23 Last Checked: Oct 23 at 9:45AM

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 Silverside Realty LLC

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Investment Insights

Based on property information with market context.

The New Castle is a 17-unit apartment building at 8 Highland Avenue in Yonkers, New York. Built in 1896, the property contains 11,196 square feet and offers a varied unit mix: 6 studios, 2 one-bedroom apartments, 8 two-bedroom apartments, and 1 three-bedroom apartment. The property is being sold as is.

Residents have access to nearby shopping centers, Metro-North Railroad service, Beeline bus transportation, and parks. On-street parking is also identified among the property features, adding a practical transportation option for occupants.

Key Highlights

  • 17 apartments across 11,196 square feet
  • Unit mix includes 6 studios, 2 one‑bedroom, 8 two‑bedroom, and 1 three‑bedroom apartments
  • Built in 1896

Property Analytics

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Lease Details

17
Residential units

Location Intelligence

Trade Area within ½ mile

1,379
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

Frequently Asked Questions

What type of property is this?
Apartment building - Historic multifamily property with varied apartment layouts and access to transit, shopping, parks, and on-street parking.
Where is this apartment building located?
The property is located at 8 Highland Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 17 apartments across 11,196 square feet; Unit mix includes 6 studios, 2 one‑bedroom, 8 two‑bedroom, and 1 three‑bedroom apartments; Built in 1896
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