29 Saint Andrews Pl Yonkers, NY 10705
Income-producing property with established room-rental business and short-term rental potential.
Type:Commercial
- Added:
- Mar 30, 2026
- Days on Market:
- 20
- Last Refresh:
- Mar 30 at 4:15 am
Property Features for 29 Saint Andrews Pl
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1899
Listing agent Kareem Tawfik (201) 532-8907
Listing office (201) 532-8907
Listing date Mar 30, 2026
Source Elliman
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 Kareem Tawfik
Overview
Yonkers 12-Unit Rooming House
Located in Yonkers, this legal 12-unit rooming house presents an opportunity to acquire an income-producing property and an established room-rental business. The property is fully operational and generates cash flow. The building produces $168,000 in gross annual income with operating expenses of approximately $35,500, resulting in a net operating income of $132,500. At the current asking price, the investment delivers an approximately 8% cap rate. The rooming house business is included in the sale. The property benefits from zoning that permits short-term rentals, providing the option to increase revenue through short-term rental models. A 7-car driveway parking lot is included. The property is very walkable with a walk score of 77, somewhat bikeable with a bike score of 47, and has some transit options with a transit score of 44.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.898255
- Latitude
- 40.9170621
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Income-producing property with established room-rental business and short-term rental potential.
Where is this apartment building located?
The property is located at 29 Saint Andrews Pl Yonkers, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Strong Cash Flow: Generates $132,500 net operating income annually.; High Cap Rate: Investment delivers approximately 8% cap rate.; Fully Operational Business: Includes established room‑rental business for immediate income.
