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Renovated Yonkers 4-Family Building
For Sale
$1,249,000

17 Chestnut Street, Yonkers, NY 10701

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

Days on Market122

Property Features for 17 Chestnut Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1925
Listing Agency: REALMART REALTY LLC
Listed By: SHUAI ZHENG
Source: Corcoran
Added: Apr 2 Changed: Jul 10 Last Checked: Jul 31 at 2:12PM

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 REALMART REALTY LLC

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

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,086
Businesses Nearby

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

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
More about this property
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