Brick Triplex with Separate
For Sale
$1,175,000
157 Buena Vista Avenue, Yonkers, NY 10701
Three separately metered apartments feature updated kitchens and bathrooms in a solid all-brick residential property.
Property Size2,750 SF
Price / SF$427.27
Days on Market126
Property Features for 157 Buena Vista Avenue
General Information
Standard status
Active
Size
2,750 SF
Property subtype
Triplex
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR, 1 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$7,713
Building Details
Building Size
2,750 SF
Year Built
1900
Buildings
1
Construction
all brick
Listing Agency:
Winzone Realty Inc
368
Listed By:
Alon A. Yosopov · License #10401378143
Source:
Shawmetro
Added: Apr 14
Changed: Aug 15
Last Checked: Aug 16 at 3:44PM
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 2,750-square-foot triplex, built in 1900, contains three separately metered apartments within an all-brick structure. The unit mix includes two three-bedroom apartments and one two-bedroom apartment. Kitchens and bathrooms have been updated, and the layouts provide natural light along with separate utility responsibility for heat, hot water, cooking gas, and electric.
The property is located at 157 Buena Vista Avenue in Yonkers, near Getty Square waterfront, Metro-North stations, shops, restaurants, parks, public transportation, schools, and major highways. The location also places the building within reach of local everyday amenities and regional transit connections.
The property is located at 157 Buena Vista Avenue in Yonkers, near Getty Square waterfront, Metro-North stations, shops, restaurants, parks, public transportation, schools, and major highways. The location also places the building within reach of local everyday amenities and regional transit connections.
Key Highlights
- 2,750‑square‑foot all‑brick triplex built in 1900
- Three separately metered apartments: two 3‑bedroom units and one 2‑bedroom unit
- Updated kitchens and bathrooms across the property
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
$66,544
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
5.66%
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%
$1,330,880
$1.3M
Cap Rate 7%
$950,629
$950.6K
Cap Rate 9%
$739,378
$739.4K
Market Conditions
NOI Build-Up for 2,750 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
$103.9K $37.80/SF
− Vacancy
−$8.9K −$3.23/SF
EGI
$95.1K $34.57/SF
− OpEx
−$28.5K −$10.37/SF
NOI
$66.5K $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%
$1,330,880
Cap Rate 7%
$950,629
Cap Rate 9%
$739,378
Alternative Uses
Best Use
Multifamily LT 5
$950.6K
$831.8K – $1.11M
NOI $66,544 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$873.0K
$763.9K – $1.02M
NOI $61,111 @ 7.0% cap · market cap 5.20%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,694
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered apartments feature updated kitchens and bathrooms in a solid all-brick residential property.
Where is this triplex located?
The property is located at 157 Buena Vista Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 2,750‑square‑foot all‑brick triplex built in 1900; Three separately metered apartments: two 3‑bedroom units and one 2‑bedroom unit; Updated kitchens and bathrooms across the property
