21 Borcher Ave Yonkers, NY 10704

Located in the Lincoln Park section of Yonkers, this multifamily house sits on a 100 x 100 lot, offering space on both sides, with one side accommodating parking for at least six cars and the other suitable for recreational activities. Situated on a quiet, tree-lined street, the property is near the Yonkers Fire and Police Station, as well as Tibbetts Brook Park and McLaughlin Park. The house and land present development potential, with plans already drawn to capitalize on the location and double lot. The property has undergone upgrades, including a new roof, gutters, windows, boiler, and hot water heater. The siding was intentionally not changed to accommodate potential development plans. A coin-operated laundry facility in the walk-out basement provides additional income. The basement features new windows and offers a functional space. From the house, views extend to the Long Island Sound and the nearby horse track. The location combines a rural feel with convenient access to transportation, as the number 20 bus is within walking distance, providing access to the subway in minutes. The apartments are in move-in condition and currently rented. The property is positioned as suitable for a 1031 exchange, offering a fully operational property with future development potential. The property has a bike score of 54, indicating it is bikeable, a walk score of 81, indicating it is very walkable, and a transit score of 47, indicating some transit options are available.