17 Chestnut Street Yonkers, NY 10701

Building Details

Year Built

1925

Listing Agency REALMART REALTY LLC n***@gmail.com Show Phone

Listed by SHUAI ZHENG

Source Corcoran

Added: Apr 2 Checked: Jul 17 at 8:11 am

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Investment Insights

Based on property information with market context.

This well-maintained 4-family building in Yonkers presents an investment opportunity. Renovated in 2018, the corner property features a flexible layout comprising one one-bedroom apartment, one three-bedroom apartment, and two four-bedroom apartments. Each unit includes one full bathroom. Additional income is generated from a storefront, currently used as storage, and two large three-car garages used as a warehouse. The total gross annual income is $135,600. Tenants are responsible for their own heat and gas, which minimizes owner expenses. The property is located in a quiet corner of Yonkers and offers strong rental income and high demand in the area. The property taxes are $15,633 for 2024.

Key Highlights

• High Gross Annual Income: $135,600 with upside potential
• Fully Renovated in 2018
• Four Income Streams: Four Apartments, Storefront, and Two Garages

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FAQs

What type of property is this?

Quadplex - Fully renovated, income-producing 4-family building with additional income streams.

Where is this quadplex located?

The property is located at 17 Chestnut Street Yonkers, NY.

What is the asking price?

The asking price for this property is $1,249,000.

What are key features of this property?

This property features: High Gross Annual Income: $135,600 with upside potential; Fully Renovated in 2018; Four Income Streams: Four Apartments, Storefront, and Two Garages