Two-Unit Brick
For Sale
$969,000
280 Kimball Avenue, Yonkers, NY 10704
A detached two-family residence includes a garage and a landscaped yard.
Property Size1,800 SF
Price / SF$538.33
Days on Market12
Property Features for 280 Kimball Avenue
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
6
Property subtype
Residential Income
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,000
Amenities
First Floor Bedroom
Open Kitchen
Garden
Building Details
Building Size
1,800 SF
Year Built
1948
Buildings
1
Units
2
Construction
brick
Listing Agency:
Romano DaCosta Real Estate LLC
Listed By:
Carla M. DaCosta
(914) 714-1577
Source:
Croninreale
Added: Oct 14
Changed: Oct 23
Last Checked: Oct 23 at 4:13PM
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 Romano DaCosta Real Estate LLC
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Investment Insights
Based on property information with market context.
This 1948 brick duplex contains two residential units within approximately 1,800 square feet. The property also includes a two-car garage and a spacious yard with gardens, offering outdoor area alongside vehicle and storage space.
Located at 280 Kimball Avenue in Yonkers, the residence is described as close to Grand Central Station, a parkway, a highway, restaurants, shopping, and everyday services.
Located at 280 Kimball Avenue in Yonkers, the residence is described as close to Grand Central Station, a parkway, a highway, restaurants, shopping, and everyday services.
Key Highlights
- Two residential units in approximately 1,800 square feet
- Brick construction; built in 1948
- Two‑car garage with room for vehicle and seasonal storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,556
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,120
$871.1K
Cap Rate 7%
$622,229
$622.2K
Cap Rate 9%
$483,956
$484.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$68.0K $37.80/SF
− Vacancy
−$5.8K −$3.23/SF
EGI
$62.2K $34.57/SF
− OpEx
−$18.7K −$10.37/SF
NOI
$43.6K $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%
$871,120
Cap Rate 7%
$622,229
Cap Rate 9%
$483,956
Alternative Uses
Best Use
Multifamily LT 5
$622.2K
$544.5K – $725.9K
NOI $43,556 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$571.4K
$500.0K – $666.7K
NOI $40,000 @ 7.0% cap · market cap 4.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A detached two-family residence includes a garage and a landscaped yard.
Where is this duplex located?
The property is located at 280 Kimball Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: Two residential units in approximately 1,800 square feet; Brick construction; built in 1948; Two‑car garage with room for vehicle and seasonal storage
