Yonkers Multifamily House with Development
For Sale
$1,439,000
21 Borcher Ave, Yonkers, NY 10704
Multifamily house in Lincoln Park with development potential.
Lot Size0.23 Acres
Days on Market123
Property Features for 21 Borcher Ave
General Information
Standard status
Active
Lot size
0.23 Acres
Property subtype
Investment
Building Details
Year Built
1908
Listing Agency:
(914) 325-6060
Listed By:
Maureen Maloney
(914) 325-6060
Source:
Elliman
Added: Mar 31
Changed: Jul 10
Last Checked: Jul 30 at 8:20AM
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 Maureen Maloney
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Great development potential on a double lot (100 x 100) with existing plans.
- Multi‑family house with all apartments currently rented and in move‑in condition.
- Many recent upgrades including new roof, gutters, windows, boiler, and hot water heater.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
897
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily house in Lincoln Park with development potential.
Where is this apartment building located?
The property is located at 21 Borcher Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,439,000.
What are key features of this property?
This property features: Great development potential on a double lot (100 x 100) with existing plans.; Multi‑family house with all apartments currently rented and in move‑in condition.; Many recent upgrades including new roof, gutters, windows, boiler, and hot water heater.
