Duplex with Covered
For Sale
$695,000
187 Woodland Avenue, Yonkers, NY 10703
The two residences comprise a three-bedroom upper home and a separate one-bedroom unit with a private side entrance.
Property Size1,982 SF
Price / SF$350.66
Days on Market39
Property Features for 187 Woodland Avenue
General Information
Standard status
Active
Size
1,982 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1.5BA, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,556
Amenities
laundry room
covered front porch
covered rear patio
Eat-in Kitchen
Entrance Foyer
His and Hers Closets
Natural Woodwork
Open Floorplan
Open Kitchen
Original Details
Storage
Awning(s)
Lighting
Mailbox
Other
Rain Gutters
Building Details
Building Size
1,982 SF
Year Built
1965
Units
2
Listing Agency:
Julia B Fee Sothebys Int. Rlty
(914) 295-3500
Listed By:
Sara C. Reel
(917) 499-2393
Source:
Croninreale
Added: Sep 17
Changed: Oct 23
Last Checked: Oct 23 at 4:03PM
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 Julia B Fee Sothebys Int. Rlty
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Investment Insights
Based on property information with market context.
This 1982-square-foot duplex, built in 1965, contains two residences. The upper home has an open layout, a half bath on the main level, and three bedrooms with a full bath upstairs. Sliding doors connect the kitchen and dining area to a covered rear patio and upper-level backyard. The separate first-floor residence has one bedroom and its own side entrance. A two-car garage is accompanied by a laundry and utility room above it; the property also has a covered front porch. The sale is as is.
The home is approximately 1 mile from Glenwood Metro-North station and approximately 2 miles from Yonkers Metro-North station. Hudson Line trains serve Manhattan and Grand Central Terminal, while Yonkers Station also has Amtrak service. Bee-Line Bus Route 6 connects with downtown Yonkers, White Plains, and other Westchester destinations.
The home is approximately 1 mile from Glenwood Metro-North station and approximately 2 miles from Yonkers Metro-North station. Hudson Line trains serve Manhattan and Grand Central Terminal, while Yonkers Station also has Amtrak service. Bee-Line Bus Route 6 connects with downtown Yonkers, White Plains, and other Westchester destinations.
Key Highlights
- Two residences: an upper three‑bedroom home and a separate one‑bedroom unit
- 1982 square feet; built in 1965
- Upper‑level home has a main‑floor half bath and an upstairs full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,960
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,200
$959.2K
Cap Rate 7%
$685,143
$685.1K
Cap Rate 9%
$532,889
$532.9K
Market Conditions
NOI Build-Up for 1,982 SF
Gross rent
$74.9K $37.80/SF
− Vacancy
−$6.4K −$3.23/SF
EGI
$68.5K $34.57/SF
− OpEx
−$20.6K −$10.37/SF
NOI
$48.0K $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%
$959,200
Cap Rate 7%
$685,143
Cap Rate 9%
$532,889
Alternative Uses
Best Use
Multifamily LT 5
$685.1K
$599.5K – $799.3K
NOI $47,960 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$629.2K
$550.6K – $734.1K
NOI $44,044 @ 7.0% cap · market cap 6.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
Explore this area
Business Placement
Demographics for 10703, NY
22,571
Population
7,925
Households
2.8
Avg Household Size
39
Median Age
26%
College-Educated
80%
High-School Grad
1.6 sq mi
ZIP Area
14,107
Density / Sq Mi
$74,940
Median Household Income
$42,972
Median Earnings
$1,702
Median Rent
$477,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences comprise a three-bedroom upper home and a separate one-bedroom unit with a private side entrance.
Where is this duplex located?
The property is located at 187 Woodland Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two residences: an upper three‑bedroom home and a separate one‑bedroom unit; 1982 square feet; built in 1965; Upper‑level home has a main‑floor half bath and an upstairs full bath
