Two-Unit Duplex with Finished
New
For Sale
$1,050,000
27 Otsego Street, Yonkers, NY 10704
Both residences have three bedrooms, and the first-floor home opens to an outdoor deck.
Property Size3,000 SF
Price / SF$350
Days on Market3
Property Features for 27 Otsego Street
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,720
Amenities
deck
finished basement
Building Details
Building Size
3,000 SF
Year Built
1921
Listing Agency:
Link NY Realty
Listed By:
Valon Nikci · License #10491202180
(646) 321-9428
Source:
Shawmetro
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:14AM
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 Link NY Realty
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Investment Insights
Based on property information with market context.
This 3,000-square-foot duplex contains two three-bedroom residences. The first-floor unit has two full bathrooms, a primary suite with a walk-in closet, and access to an outdoor deck. Upstairs, the second unit includes one full bathroom, a living room, and additional walk-in closets. A finished basement adds further interior space. Across both units, the property has six bedrooms and three bathrooms. Built in 1921, the building combines two separate living spaces with a finished lower level and outdoor deck access.
Key Highlights
- Two residences with three bedrooms each
- 3,000 square feet; built in 1921
- First‑floor unit has two full bathrooms and a primary suite with a walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,593
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,451,860
$1.5M
Cap Rate 7%
$1,037,043
$1.0M
Cap Rate 9%
$806,589
$806.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$113.4K $37.80/SF
− Vacancy
−$9.7K −$3.23/SF
EGI
$103.7K $34.57/SF
− OpEx
−$31.1K −$10.37/SF
NOI
$72.6K $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%
$1,451,860
Cap Rate 7%
$1,037,043
Cap Rate 9%
$806,589
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$907.4K – $1.21M
NOI $72,593 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$952.4K
$833.3K – $1.11M
NOI $66,667 @ 7.0% cap · market cap 6.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,222
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, and the first-floor home opens to an outdoor deck.
Where is this duplex located?
The property is located at 27 Otsego Street Yonkers, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two residences with three bedrooms each; 3,000 square feet; built in 1921; First‑floor unit has two full bathrooms and a primary suite with a walk‑in closet
