Legal Three-Family
For Sale
Contact for pricing
Pending
15 Halley Street, Yonkers, NY 10704
Well-maintained legal three-family residence with three separate units, private driveway, and an oversized garage.
Property Size2,230 SF
Days on Market172
Property Features for 15 Halley Street
General Information
Standard status
Pending
Size
2,230 SF
Property subtype
Triplex
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$16,925
Building Details
Building Size
2,230 SF
Year Built
1956
Listing Agency:
Houlihan Lawrence Inc.
Listed By:
Tony Murphy
(914) 471-0992
Source:
Totallywestchester
Added: May 6
Changed: Oct 13
Last Checked: Oct 23 at 3:54PM
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 Houlihan Lawrence Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This exceptionally maintained legal three-family home is presented in move-in condition and updated throughout. The first level features a one-bedroom apartment with a separate entrance, an open-concept kitchen, and an updated bathroom. The second level offers a two-bedroom unit with an eat-in kitchen featuring granite countertops and stainless steel appliances, along with a refreshed bathroom, refinished hardwood floors, and new fixtures. The top floor provides an additional large one-bedroom with a new bathroom and a contemporary eat-in kitchen.
Outdoor space includes a professionally landscaped rear yard and a deck. The property also includes an oversized garage and a private driveway. WalkScore is listed as 78 (Very Walkable) and transitScore as 63 (Good Transit), with the home described as being moments from Metro North for access to New York City.
All three units are arranged as individual apartments within a legal three-family configuration, making the property suitable for an owner-occupant or as a turn-key rental asset.
Outdoor space includes a professionally landscaped rear yard and a deck. The property also includes an oversized garage and a private driveway. WalkScore is listed as 78 (Very Walkable) and transitScore as 63 (Good Transit), with the home described as being moments from Metro North for access to New York City.
All three units are arranged as individual apartments within a legal three-family configuration, making the property suitable for an owner-occupant or as a turn-key rental asset.
Key Highlights
- Legal 3‑family home built in 1956 with three separate units
- First level has a 1‑bedroom apartment with separate entrance, updated bathroom, and open‑concept kitchen
- Second level features a bright 2‑bedroom unit with modern eat‑in kitchen with granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,961
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,220
$1.1M
Cap Rate 7%
$770,871
$770.9K
Cap Rate 9%
$599,567
$599.6K
Market Conditions
NOI Build-Up for 2,230 SF
Gross rent
$84.3K $37.80/SF
− Vacancy
−$7.2K −$3.23/SF
EGI
$77.1K $34.57/SF
− OpEx
−$23.1K −$10.37/SF
NOI
$54.0K $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 Rate 5%
$1,079,220
Cap Rate 7%
$770,871
Cap Rate 9%
$599,567
Alternative Uses
Best Use
Multifamily LT 5
$770.9K
$674.5K – $899.4K
NOI $53,961 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$707.9K
$619.5K – $825.9K
NOI $49,556 @ 7.0% cap · market cap 5.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,942
Businesses Nearby
Explore this area
Business Placement
Demographics for 10704, NY
32,426
Population
12,576
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
12,010
Density / Sq Mi
$110,097
Median Household Income
$57,134
Median Earnings
$1,898
Median Rent
$508,100
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
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained legal three-family residence with three separate units, private driveway, and an oversized garage.
Where is this triplex located?
The property is located at 15 Halley Street Yonkers, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Legal 3‑family home built in 1956 with three separate units; First level has a 1‑bedroom apartment with separate entrance, updated bathroom, and open‑concept kitchen; Second level features a bright 2‑bedroom unit with modern eat‑in kitchen with granite countertops and stainless steel appliances
