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Three-Unit Residential Building
For Sale
$850,000

204 Voss Avenue, Yonkers, NY 10703

Three distinct residences offer a range of bedroom configurations, with an unfinished walk-up attic and paved outdoor space.

Property Size2,388 SF
Price / SF$355.95
Days on Market15

Property Features for 204 Voss Avenue

General Information

Standard status Active
Size 2,388 SF
Property subtype Residential Income

Units

Unit Mix 1 x 3BR, 1 x 2BR, 1 x 2BR basement
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,509

Amenities

paved patio

Building Details

Building Size 2,388 SF
Year Built 1916
Buildings 1
Units 3
Listing Agency: Julia B Fee Sothebys Int. Rlty
Listed By: Lorraine De La Parra
Source: Croninreale
Added: Oct 10 Changed: Oct 23 Last Checked: Oct 23 at 5:07PM

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 Julia B Fee Sothebys Int. Rlty

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Investment Insights

Based on property information with market context.

This 2,388-square-foot residential building contains three apartments: one with three bedrooms and two with two bedrooms each. An unfinished walk-up attic is accessed by a separate stairway from the second-floor hallway. The property also includes a paved patio, upgraded electrical, and a roof replaced in 2024. Built in 1916, the building is located at 204 Voss Avenue in Yonkers, New York.

Parks and transportation are accessible from the Yonkers location. The three-unit configuration provides separate residential spaces within one building.

Key Highlights

  • Three apartments: one three‑bedroom unit and two two‑bedroom units
  • 2,388 square feet
  • Unfinished walk‑up attic with separate stairs from the second‑floor hallway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,784
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,155,680 $1.2M
Cap Rate 7%
$825,486 $825.5K
Cap Rate 9%
$642,044 $642.0K
Market Conditions
NOI Build-Up for 2,388 SF
Gross rent
$90.3K $37.80/SF
− Vacancy
−$7.7K −$3.23/SF
EGI
$82.5K $34.57/SF
− OpEx
−$24.8K −$10.37/SF
NOI
$57.8K $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%
$1,155,680
Cap Rate 7%
$825,486
Cap Rate 9%
$642,044

Alternative Uses

Best Use
Multifamily LT 5
$825.5K
$722.3K – $963.1K (±1% cap)
NOI $57,784 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$758.1K
$663.3K – $884.5K (±1% cap)
NOI $53,067 @ 7.0% cap · market cap 6.24%
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

Location Intelligence

Trade Area within ½ mile

1,393
Businesses Nearby

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

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

Frequently Asked Questions

What type of property is this?
Triplex - Three distinct residences offer a range of bedroom configurations, with an unfinished walk-up attic and paved outdoor space.
Where is this triplex located?
The property is located at 204 Voss Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three apartments: one three‑bedroom unit and two two‑bedroom units; 2,388 square feet; Unfinished walk‑up attic with separate stairs from the second‑floor hallway
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