Duplex with Finished
21 New Avenue, Yonkers, NY 10704
For Sale
$999,000
Two apartments with different bedroom counts are complemented by a finished lower level and an above-ground pool.
Property Size3,063 SF
Price / SF$326.15
Days on Market9
Property Features for 21 New Avenue
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
above-ground pool
First Floor Bedroom
First Floor Full Bath
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Henry Djonbalaj Real Estate
Listed By:
Henry Djonbalaj
(914) 376-1000
Source:
Moreandmorerealestate
Added: Nov 1
Changed: Nov 7
Last Checked: Nov 8 at 5:17PM
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 Henry Djonbalaj Real Estate
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Investment Insights
Based on property information with market context.
This 3,063-square-foot duplex, built in 1955, contains two apartments: a first-floor residence with three bedrooms and two bathrooms, and a second-floor residence with two bedrooms and one bathroom. A finished basement adds interior space for living, storage, or recreation. The backyard has an above-ground pool; it is included as-is and may need repair or replacement. The property is offered strictly in its current condition.
The home is a short walk from the Metro-North station and is also near major highways, shopping, dining, and parks in Yonkers.
The home is a short walk from the Metro-North station and is also near major highways, shopping, dining, and parks in Yonkers.
Key Highlights
- Two apartments: 3 bedrooms and 2 bathrooms on the first floor; 2 bedrooms and 1 bathroom on the second
- 3,063 square feet; built in 1955
- Finished basement offers additional living, storage, or recreation space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,117
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,340
$1.5M
Cap Rate 7%
$1,058,814
$1.1M
Cap Rate 9%
$823,522
$823.5K
Market Conditions
NOI Build-Up for 3,063 SF
Gross rent
$115.8K $37.80/SF
− Vacancy
−$9.9K −$3.23/SF
EGI
$105.9K $34.57/SF
− OpEx
−$31.8K −$10.37/SF
NOI
$74.1K $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%
$1,482,340
Cap Rate 7%
$1,058,814
Cap Rate 9%
$823,522
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$926.5K – $1.24M
NOI $74,117 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$972.4K
$850.8K – $1.13M
NOI $68,067 @ 7.0% cap · market cap 6.81%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,959
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
$508,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Yonkers, NY
Properties on Market for Duplexes in Yonkers
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments with different bedroom counts are complemented by a finished lower level and an above-ground pool.
Where is this duplex located?
The property is located at 21 New Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two apartments: 3 bedrooms and 2 bathrooms on the first floor; 2 bedrooms and 1 bathroom on the second; 3,063 square feet; built in 1955; Finished basement offers additional living, storage, or recreation space
