Legal Three-Family
20 aka 22 Crescent Place, Yonkers, NY 10704
For Sale
$1,199,000
Residential Income, Yonkers, NY
Property Size1,923 SF
Price / SF$623.50
Days on Market101
Property Features for 20 aka 22 Crescent Place
General Information
Property type
Property subtype
High school district
Standard status
APN
Listing Agency:
CENTURY 21 DAWNS GOLD
Listed By:
Abraham Mathew · License NY 31MA0877041
(914) 793-8800
Added: Aug 6
Changed: Oct 12
Last Checked: Nov 14 at 12:06AM
MLS# 11922546
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Yonkers triplex contains three independent residential apartments, each arranged with two bedrooms and one bathroom. The fully legal three-family configuration is supported by a full-footprint basement that can accommodate tenant storage, laundry installation, or landlord utility space.
The building is 100% occupied, with all three apartments subject to existing leases carrying at least 8 months remaining. Located at 20 aka 22 Crescent Place in Yonkers, the property offers an established residential income configuration with separate units and additional basement area.
The building is 100% occupied, with all three apartments subject to existing leases carrying at least 8 months remaining. Located at 20 aka 22 Crescent Place in Yonkers, the property offers an established residential income configuration with separate units and additional basement area.
Key Highlights
- Three independent units, each with a 2‑bedroom, 1‑bathroom layout
- Fully legal three‑family triplex configuration
- 100% occupied with tenants in place
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
NOI $46,532 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$610.5K
$534.2K – $712.2K
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,957
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Triplexes in Yonkers
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied residential asset with three separate two-bedroom units and a full basement.
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: Three independent units, each with a 2‑bedroom, 1‑bathroom layout; Fully legal three‑family triplex configuration; 100% occupied with tenants in place
