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2-Unit Duplex with Sunroom
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For Sale
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27 AKA 104 Thomas Place, Yonkers, NY 10701

Separate living spaces offer distinct layouts, including a sunroom, walkout basement, and patio access.

Property Size1,716 SF
Days on Market6

Property Features for 27 AKA 104 Thomas Place

General Information

Standard status Active
Size 1,716 SF
Property subtype Duplex

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $11,059

Amenities

patio
yard

Building Details

Building Size 1,716 SF
Year Built 1924
Buildings 1
Listing Agency: RE/MAX Distinguished Hms.&Prop
Listed By: Eric Stein · License #49ST1168831
Source: Totallywestchester
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 25 at 1:28AM

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 RE/MAX Distinguished Hms.&Prop

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Investment Insights

Based on property information with market context.

Built in 1924, this duplex contains two separate residences. The owner's unit has a living room, eat-in kitchen and dining area, one first-floor bedroom, and two additional bedrooms upstairs with a full bath. A walkout basement includes laundry space and storage.

The other residence features a living room, sunroom, eat-in kitchen and dining area with granite countertops and stainless steel appliances, plus laundry and access to the patio and yard. Its upper level has two bedrooms and a full bath. This unit has been updated and freshly painted. A Navien heating system provides on-demand hot water.

The property is near Metro North, bus stops, shops, parks, and major highways.

Key Highlights

  • Two separate residential units in a duplex
  • Owner's unit has three bedrooms, with one on the first floor and two upstairs
  • Second unit includes two upstairs bedrooms and a sunroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,523
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,460 $830.5K
Cap Rate 7%
$593,186 $593.2K
Cap Rate 9%
$461,367 $461.4K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$64.9K $37.80/SF
− Vacancy
−$5.5K −$3.23/SF
EGI
$59.3K $34.57/SF
− OpEx
−$17.8K −$10.37/SF
NOI
$41.5K $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%
$830,460
Cap Rate 7%
$593,186
Cap Rate 9%
$461,367

Alternative Uses

Best Use
Multifamily LT 5
$593.2K
$519.0K – $692.1K (±1% cap)
NOI $41,523 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$544.8K
$476.7K – $635.6K (±1% cap)
NOI $38,133 @ 7.0% cap · market cap 4.77%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

Demographics for 10701, NY

68,704
Population
28,252
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
15,615
Density / Sq Mi
$63,310
Median Household Income
$42,702
Median Earnings
$1,694
Median Rent
$412,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - Separate living spaces offer distinct layouts, including a sunroom, walkout basement, and patio access.
Where is this duplex located?
The property is located at 27 AKA 104 Thomas Place Yonkers, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two separate residential units in a duplex; Owner's unit has three bedrooms, with one on the first floor and two upstairs; Second unit includes two upstairs bedrooms and a sunroom
(914) 346-8255 Call to check price and availability
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