Brick Three-Family
New
For Sale
$1,389,000
Pending
194 Voss Ave, Yonkers, NY 10703
Two residences include an additional room that can serve as a den.
Property Size2,616 SF
Days on Market2
Property Features for 194 Voss Ave
General Information
Standard status
Pending
Size
2,616 SF
Total Parking Spaces
3
Property subtype
Investment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$11,298
Building Details
Building Size
2,616 SF
Year Built
1925
Units
3
Construction
brick
Listed By:
Jennifer L. Rivera
(914) 907-8615
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:09PM
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 Jennifer L. Rivera
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Investment Insights
Based on property information with market context.
Built in 1925, this brick residential property contains three units, each with an open floor plan. Two of the residences have an additional bonus room or den. The property accommodates parking for up to three cars.
Located at 194 Voss Avenue in Yonkers’ Monastery Heights section, the property has access to neighborhood amenities, shopping, dining, public transportation and major roadways connecting to Westchester County and New York City. Walk Score is 55, Transit Score is 53, and Bike Score is 27.
Located at 194 Voss Avenue in Yonkers’ Monastery Heights section, the property has access to neighborhood amenities, shopping, dining, public transportation and major roadways connecting to Westchester County and New York City. Walk Score is 55, Transit Score is 53, and Bike Score is 27.
Key Highlights
- Three residential units in a brick building
- Built in 1925
- Open floor plans throughout; two units have a bonus room or den
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,301
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,266,020
$1.3M
Cap Rate 7%
$904,300
$904.3K
Cap Rate 9%
$703,344
$703.3K
Market Conditions
NOI Build-Up for 2,616 SF
Gross rent
$98.9K $37.80/SF
− Vacancy
−$8.5K −$3.23/SF
EGI
$90.4K $34.57/SF
− OpEx
−$27.1K −$10.37/SF
NOI
$63.3K $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%
$1,266,020
Cap Rate 7%
$904,300
Cap Rate 9%
$703,344
Alternative Uses
Best Use
Multifamily LT 5
$904.3K
$791.3K – $1.06M
NOI $63,301 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$830.5K
$726.7K – $968.9K
NOI $58,133 @ 7.0% cap · market cap 4.19%
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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Open Analytics
Current Use
Lease Details
3
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
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
Frequently Asked Questions
What type of property is this?
Triplex - Two residences include an additional room that can serve as a den.
Where is this triplex located?
The property is located at 194 Voss Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,389,000.
What are key features of this property?
This property features: Three residential units in a brick building; Built in 1925; Open floor plans throughout; two units have a bonus room or den
