Legal Three-Family
20 aka 22 Crescent Place, Yonkers, NY 10704
For Sale
$1,199,000
Residential Income, Yonkers, NY
Property Size1,923 SF
Lot Size0.11 Acres
Price / SF$623.50
Days on Market97
Property Features for 20 aka 22 Crescent Place
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Basement
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
Century 21 Dawns Gold Realty · Century 21 Real Estate
Listed By:
Abraham Mathew · License NY 31MA0877041
(914) 793-8800
Added: Aug 10
Changed: Nov 6
Last Checked: Nov 14 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.
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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.
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
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
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,957
Businesses Nearby
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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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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 - 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
