Triplex Residential Income
For Sale
$1,325,000
134 Buena Vista Avenue, Yonkers, NY 10701
Income-producing residential property near the Yonkers waterfront, Downtown Yonkers, and Metro-North.
Property Size4,500 SF
Price / SF$294.44
Days on Market200
Property Features for 134 Buena Vista Avenue
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Triplex
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,176
Building Details
Building Size
4,500 SF
Year Built
1900
Listing Agency:
Winzone Realty Inc
Listed By:
Alon A. Yosopov · License #10401378143
368
Source:
Shawmetro
Added: Mar 12
Changed: Sep 19
Last Checked: Sep 26 at 12:50PM
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 Winzone Realty Inc
Investment Insights
Based on property information with market context.
This residential income property at 134 Buena Vista Avenue offers 4,500 square feet in a structure built in 1900. The property is described as a legal three-family home with additional apartment space; because the source information presents differing unit details, the configuration is not further characterized here.
The property is in Yonkers near the waterfront and Downtown Yonkers, with restaurants, shops, parks, and Metro-North nearby. Its location provides access to the Yonkers waterfront district and commuting connections to New York City.
The property is in Yonkers near the waterfront and Downtown Yonkers, with restaurants, shops, parks, and Metro-North nearby. Its location provides access to the Yonkers waterfront district and commuting connections to New York City.
Key Highlights
- 4,500 SF residential income property
- Built in 1900
- 134 Buena Vista Avenue, Yonkers, NY 10701
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
$108,890
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
8.22%
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%
$2,177,800
$2.2M
Cap Rate 7%
$1,555,571
$1.6M
Cap Rate 9%
$1,209,889
$1.2M
Market Conditions
NOI Build-Up for 4,500 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
$170.1K $37.80/SF
− Vacancy
−$14.5K −$3.23/SF
EGI
$155.6K $34.57/SF
− OpEx
−$46.7K −$10.37/SF
NOI
$108.9K $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%
$2,177,800
Cap Rate 7%
$1,555,571
Cap Rate 9%
$1,209,889
Alternative Uses
Best Use
Multifamily LT 5
$1.56M
$1.36M – $1.81M
NOI $108,890 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M
NOI $100,000 @ 7.0% cap · market cap 7.55%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,613
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Income-producing residential property near the Yonkers waterfront, Downtown Yonkers, and Metro-North.
Where is this triplex located?
The property is located at 134 Buena Vista Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 4,500 SF residential income property; Built in 1900; 134 Buena Vista Avenue, Yonkers, NY 10701
