For Sale
$2,575,000
28-32 Van Cortlandt Park Avenue, Yonkers, NY 10705
Apartment buildings
Property Size6,696 SF
Price / SF$384.56
Days on Market231
Property Features for 28-32 Van Cortlandt Park Avenue
General Information
Standard status
Active
Size
6,696 SF
Property subtype
Multi Family
Building Details
Building Size
6,696 SF
Year Built
1941
Listing Agency:
Winzone Realty Inc
368
Listed By:
Alon A. Yosopov · License #10401378143
Source:
Shawmetro
Added: Dec 12, 2025
Changed: Jul 30
Last Checked: Jul 30 at 6:28AM
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 Winzone Realty Inc
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $297.3k | $44.40 |
| − Vacancy | −$26.8k | −$4.00 |
| EGI | $270.5k | $40.40 |
| − OpEx | −$121.7k | −$18.18 |
| NOI | $148.8k | $22.22 |
6,696 SF · lease $44.40/SF/yr · vacancy 9.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.13M
$1.86M – $2.48M
NOI $148,800 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.31M
$2.03M – $2.70M
NOI $162,028 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,485
Businesses Nearby
Explore this area
Business Placement
Demographics for 10705, NY
41,785
Population
15,620
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
18,993
Density / Sq Mi
$68,616
Median Household Income
$40,717
Median Earnings
$1,602
Median Rent
$445,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
Where is this apartment building located?
The property is located at 28-32 Van Cortlandt Park Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $2,575,000.
