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New Construction Brick Duplex

23 Potomac St, Yonkers, NY 10710

For Sale
New
$2,400,000

Two finished basements with separate entrances add flexible space to both residences.

Property Size8,400 SF
Days on Market2

Property Features for 23 Potomac St

General Information

Standard status Active
Size 8,400 SF
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $740

Building Details

Building Size 8,400 SF
Year Built 2026
Buildings 1
Units 2
Construction brick
Listed By: Aidan Ruane
Source: Elliman
Added: Nov 6 Last Checked: Nov 6 at 2:41PM

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 Aidan Ruane

Rey
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Investment Insights

Based on property information with market context.

This 2026-built brick duplex contains two residences, each with a finished basement and a separate basement entrance. Walk-up finished attics provide additional space, and each floor has two full bathrooms. Storage is also included in the property’s configuration.

Major parkways and highways are a one-minute drive away.

Key Highlights

  • New construction brick duplex, built in 2026
  • Two finished basements, each with a separate entrance
  • Walk‑up finished attics

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$203,260
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,065,200 $4.1M
Cap Rate 7%
$2,903,714 $2.9M
Cap Rate 9%
$2,258,444 $2.3M
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$317.5K $37.80/SF
− Vacancy
−$27.1K −$3.23/SF
EGI
$290.4K $34.57/SF
− OpEx
−$87.1K −$10.37/SF
NOI
$203.3K $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%
$4,065,200
Cap Rate 7%
$2,903,714
Cap Rate 9%
$2,258,444

Alternative Uses

Best Use
Multifamily LT 5
$2.90M
$2.54M – $3.39M (±1% cap)
NOI $203,260 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$2.67M
$2.33M – $3.11M (±1% cap)
NOI $186,666 @ 7.0% cap · market cap 7.78%
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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

Demographics for 10710, NY

26,725
Population
10,107
Households
2.6
Avg Household Size
46
Median Age
44%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
5,810
Density / Sq Mi
$100,783
Median Household Income
$58,949
Median Earnings
$1,797
Median Rent
$534,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Yonkers, NY

$321 Jul
$356 Aug
$383 Sep
$401 Oct

Properties on Market for Duplexes in Yonkers

Jul
Aug
Sep
Oct

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?
Duplex - Two finished basements with separate entrances add flexible space to both residences.
Where is this duplex located?
The property is located at 23 Potomac St Yonkers, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: New construction brick duplex, built in 2026; Two finished basements, each with a separate entrance; Walk‑up finished attics
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