279 S Broadway, Yonkers, NY 10705

Building Details

Year Built

1958

Listing office KELLER WILLIAMS REALTY PARTNER d***@empireteam.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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Overview

Located in the Ludlow/Park Hill area of Yonkers, the property at 279 S Broadway is a 12-unit brick investment property. It offers over 13,000 square feet of living space. All units are currently rented month-to-month, providing flexibility for future rent increases or repositioning. The building features boilers installed in 2019 and a full unfinished basement loaded with potential, ideal for adding coin-operated washer/dryer units to generate additional income and enhance tenant convenience. A private backyard, accessible only to ownership, offers a rare outdoor amenity in this corridor. The property is near the Ludlow Metro-North Station, downtown Yonkers waterfront, and major highways. This property presents a prime opportunity for investors seeking long-term growth and value in one of Yonkers most promising submarkets.

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Acupuncture Hotel & Motel Gym & Fitness Center Clothing & Fashion Store (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Yonkers

County

Westchester

State

New York

Longitude

-73.8949

Latitude

40.9446

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FAQs

What type of property is this?

Apartment building - 12-unit building in Yonkers with upside potential.

Where is this apartment building located?

The property is located at 279 S Broadway Yonkers, NY.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: Prime location in the desirable Ludlow/Park Hill area of Yonkers.; 12‑unit brick investment property with over 13,000 square feet of living space.; Tremendous upside potential due to month‑to‑month rentals, allowing for rent increases or repositioning.