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Two-Unit Duplex with Garages
For Sale
$950,000

191 Hildreth Place, Yonkers, NY 10704

Both apartments have two bedrooms, with basement laundry and private garage spaces serving the property.

Property Size2,278 SF
Price / SF$417.03
Days on Market15

Property Features for 191 Hildreth Place

General Information

Standard status Active
Size 2,278 SF
Total Parking Spaces 2
Property subtype Duplex

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $15,448

Amenities

laundry room
fenced yard

Building Details

Building Size 2,278 SF
Year Built 1956
Buildings 1
Listing Agency: ERA Insite Realty Services
Listed By: Lori Mastrangelo
Source: Shawmetro
Added: Oct 9 Changed: Oct 22 Last Checked: Oct 11 at 8:47AM

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 ERA Insite Realty Services

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Investment Insights

Based on property information with market context.

This 1956 duplex contains two apartments, each arranged with two bedrooms. The first-floor residence has a combined living and dining area, an eat-in kitchen with backyard access, and a full bathroom. Upstairs, the second apartment includes separate living and dining rooms, an open kitchen, a full bathroom, and attic access. The basement provides two individual garage spaces, storage, and a laundry and utility room. A fenced yard with mature landscaping surrounds the house.

The property is 1.5 miles from the Mount Vernon West Metro-North station, with a stated trip of under 30 minutes to GCT. Nearby regional routes include the Major Deegan Expressway, Bronx River Parkway, Cross County Parkway, and Saw Mill River Parkway.

Key Highlights

  • Two apartments, each with two bedrooms
  • Two individual garage spaces, plus basement storage and a laundry/utility room
  • Fenced yard with mature plantings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$55,122
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,102,440 $1.1M
Cap Rate 7%
$787,457 $787.5K
Cap Rate 9%
$612,467 $612.5K
Market Conditions
NOI Build-Up for 2,278 SF
Gross rent
$86.1K $37.80/SF
− Vacancy
−$7.4K −$3.23/SF
EGI
$78.7K $34.57/SF
− OpEx
−$23.6K −$10.37/SF
NOI
$55.1K $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%
$1,102,440
Cap Rate 7%
$787,457
Cap Rate 9%
$612,467

Alternative Uses

Best Use
Multifamily LT 5
$787.5K
$689.0K – $918.7K (±1% cap)
NOI $55,122 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$723.2K
$632.8K – $843.7K (±1% cap)
NOI $50,622 @ 7.0% cap · market cap 5.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,431
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both apartments have two bedrooms, with basement laundry and private garage spaces serving the property.
Where is this duplex located?
The property is located at 191 Hildreth Place Yonkers, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two apartments, each with two bedrooms; Two individual garage spaces, plus basement storage and a laundry/utility room; Fenced yard with mature plantings
More about this property
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