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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 Market1704

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: Jan 6, 2022 Changed: Sep 5 Last Checked: Sep 5 at 2:31PM

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

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

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store Food Market Hotel & Motel Grocery & Convenience Store

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

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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
More about this property
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