Two-Unit Duplex with Finished Lower
28 Hillside Ave, Yonkers, NY 10703
For Sale
New
$949,999
Each residence has three bedrooms and one bathroom, with a deck serving the main-level home.
Property Size2,436 SF
Days on Market2
Property Features for 28 Hillside Ave
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Coldwell Banker Residential Brokerage
Listed By:
Kimberly A. Renzi
(914) 806-0144
Source:
Elliman
Added: Nov 8
Last Checked: Nov 8 at 3:42PM
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 Coldwell Banker Residential Brokerage
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Investment Insights
Based on property information with market context.
Built in 1967, this duplex contains two residences, each configured with three bedrooms and one bathroom. The main-level home opens onto a deck overlooking the yard. An additional 900 square feet of finished space occupies the lower level, which is entirely above grade and includes a kitchen, high ceilings, and a separate rear entrance. Parking is available on site.
The property is at the end of a cul-de-sac in Yonkers. Schools, parks, shopping, restaurants, and highways are nearby, and the remarks cite a 30-minute trip to New York City via Metro-North.
The property is at the end of a cul-de-sac in Yonkers. Schools, parks, shopping, restaurants, and highways are nearby, and the remarks cite a 30-minute trip to New York City via Metro-North.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 900 SF of finished lower‑level space with a kitchen and separate rear entrance
- Main‑level residence includes a deck overlooking the yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,946
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,178,920
$1.2M
Cap Rate 7%
$842,086
$842.1K
Cap Rate 9%
$654,956
$655.0K
Market Conditions
NOI Build-Up for 2,436 SF
Gross rent
$92.1K $37.80/SF
− Vacancy
−$7.9K −$3.23/SF
EGI
$84.2K $34.57/SF
− OpEx
−$25.3K −$10.37/SF
NOI
$58.9K $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%
$1,178,920
Cap Rate 7%
$842,086
Cap Rate 9%
$654,956
Alternative Uses
Best Use
Multifamily LT 5
$842.1K
$736.8K – $982.4K
NOI $58,946 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$773.3K
$676.7K – $902.2K
NOI $54,133 @ 7.0% cap · market cap 5.70%
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
1,220
Businesses Nearby
Explore this area
Business Placement
Demographics for 10703, NY
22,571
Population
7,925
Households
2.8
Avg Household Size
39
Median Age
26%
College-Educated
80%
High-School Grad
1.6 sq mi
ZIP Area
14,107
Density / Sq Mi
$74,940
Median Household Income
$42,972
Median Earnings
$1,702
Median Rent
$477,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Yonkers, NY
Properties on Market for Duplexes in Yonkers
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and one bathroom, with a deck serving the main-level home.
Where is this duplex located?
The property is located at 28 Hillside Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 bathroom; 900 SF of finished lower‑level space with a kitchen and separate rear entrance; Main‑level residence includes a deck overlooking the yard
