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Legal Three-Family Triplex
For Sale
$1,199,000

20 aka 22 Crescent Place, Yonkers, NY 10704

Residential Income, Yonkers, NY

Property Size1,923 SF
Lot Size0.11 Acres
Price / SF$623.50
Days on Market62

Property Features for 20 aka 22 Crescent Place

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 1, Basement, Bedroom 4
Parking features Garage, Driveway
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Open Kitchen
Basement Finished, Walk-Out Access, Full
Subdivision Sherwood Park
Elementary school Yonkers (School Choice)
Middle school Yonkers (School Choice)
High school Yonkers (School Choice)
Elementary school district Yonkers
Middle school district Yonkers
High school district Yonkers
Standard status Active
APN 1800-006-000-06384-000-0027-28
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 13612

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Building Details

Year built 1908
Number of units 3
Building materials Aluminum Siding, Vinyl Siding
Architectural style Colonial
Listing Agency: Century 21 Dawns Gold Realty · Century 21 Real Estate
Listed By: Abraham Mathew · License #31MA0877041
Added: Aug 10 Changed: Oct 5 Last Checked: Oct 10 at 12:06AM
MLS# 1034742

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1908 Colonial-style triplex is configured as three independent two-bedroom, one-bathroom apartments. The fully legal three-family property includes a full-footprint basement that can support tenant storage, laundry installation, or landlord utility space. Interior features include eat-in and open kitchens, an entrance foyer, and first-floor bedroom and full-bath accommodations.

All three units are occupied, with existing leases carrying at least 8 months remaining. The 0.1149-acre property includes garage and driveway parking, aluminum and vinyl siding, oil heat, public water, and public sewer. Located in Yonkers, NY, the property is identified by the address 20 aka 22 Crescent Place.

Key Highlights

  • Fully legal three‑family triplex with three independent apartments
  • Each unit offers a 2‑bedroom, 1‑bathroom layout
  • 100% occupied with leases having at least 8 months remaining

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,532
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,640 $930.6K
Cap Rate 7%
$664,743 $664.7K
Cap Rate 9%
$517,022 $517.0K
Market Conditions
NOI Build-Up for 1,923 SF
Gross rent
$72.7K $37.80/SF
− Vacancy
−$6.2K −$3.23/SF
EGI
$66.5K $34.57/SF
− OpEx
−$19.9K −$10.37/SF
NOI
$46.5K $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%
$930,640
Cap Rate 7%
$664,743
Cap Rate 9%
$517,022

Alternative Uses

Best Use
Multifamily LT 5
$664.7K
$581.7K – $775.5K (±1% cap)
NOI $46,532 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$610.5K
$534.2K – $712.2K (±1% cap)
NOI $42,733 @ 7.0% cap · market cap 3.56%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture Tanning Salon Fish Market

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

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,957
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three leased residential units with full-basement utility and storage space in a Colonial-style property.
Where is this triplex located?
The property is located at 20 aka 22 Crescent Place Yonkers, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Fully legal three‑family triplex with three independent apartments; Each unit offers a 2‑bedroom, 1‑bathroom layout; 100% occupied with leases having at least 8 months remaining
More about this property
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