Legal Four-Family Brick
21 Crescent Place Yonkers, NY 10704
21 Crescent Place, Yonkers, NY, 10704
$1,150,000
For Sale
$1,150,000
All-brick legal four-family with private entrances, hardwood floors, and driveway parking for up to three cars.
Property Size3,476 SF
Price / SF$330.84
Days on Market8
Property Features for 21 Crescent Place
General Information
- Standard status
- Active
- Size
- 3,476 SF
- Property subtype
- Quadruplex
Building Details
- Year Built
- 1924
Listing agency
Double C Realty
(914) 776-1670
Listed by
Kieran Dwyer
(914) 776-1670
Source
Compass
Added: Jul 14 Updated: Jul 21 at 9:41AM Checked: Jul 21 at 9:41AM
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 Double C Realty
Investment Insights
Based on property information with market context.
This legal four-family all-brick property features four spacious two-bedroom apartments, each with its own private entrance and hardwood floors throughout. The two first-floor apartments are configured as duplex residences, providing additional living space. The units are described as overall in good condition.
Additional on-site amenities include driveway parking for up to three cars, a coin-operated laundry room, and yard space. The property is located in the East Yonkers neighborhood, about 25 minutes north of Manhattan, and is described as being just blocks from the Metro-North train, local buses, shopping, restaurants, schools, and major parkways.
As currently laid out, the building offers a consistent two-bedroom unit mix with separate entries and duplex-style accommodations on the first floor.
Additional on-site amenities include driveway parking for up to three cars, a coin-operated laundry room, and yard space. The property is located in the East Yonkers neighborhood, about 25 minutes north of Manhattan, and is described as being just blocks from the Metro-North train, local buses, shopping, restaurants, schools, and major parkways.
As currently laid out, the building offers a consistent two-bedroom unit mix with separate entries and duplex-style accommodations on the first floor.
Key Highlights
- Legal 4‑family all‑brick property with (4) 2‑bedroom apartments, each with a private entrance
- Hardwood floors throughout and first‑floor full bath plus a 1st‑floor bedroom in the interior configuration
- Driveway parking for up to three cars and a patio for outdoor space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $131.4k | $37.80 |
| − Vacancy | −$11.2k | −$3.23 |
| EGI | $120.2k | $34.57 |
| − OpEx | −$36.0k | −$10.37 |
| NOI | $84.1k | $24.20 |
3,476 SF · lease $37.80/SF/yr · vacancy 8.55% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,111 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$1.10M
$965.6K – $1.29M
NOI $77,244 @ 7.0% cap · market cap 6.72%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - All-brick legal four-family with private entrances, hardwood floors, and driveway parking for up to three cars.
Where is this quadplex located?
The property is located at 21 Crescent Place Yonkers, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Legal 4‑family all‑brick property with (4) 2‑bedroom apartments, each with a private entrance; Hardwood floors throughout and first‑floor full bath plus a 1st‑floor bedroom in the interior configuration; Driveway parking for up to three cars and a patio for outdoor space
