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Mixed-Use Property with Rental Income
For Sale
$1,199,999

32 Linden St, Yonkers, NY 10701

Residential occupancy is already established within this versatile commercial property.

Property Size2,526 SF
Days on Market50

Property Features for 32 Linden St

General Information

Standard status Active
Size 2,526 SF
Property subtype Investment

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,341

Building Details

Building Size 2,526 SF
Year Built 1900
Units 3
Listing Agency: Joseph Baratta
Listed By: Sugey Valdez
Source: Elliman
Added: Aug 26 Changed: Oct 1 Last Checked: Oct 12 at 7:49PM

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 Joseph Baratta

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use property combines commercial functionality with residential occupancy already in place. The current residential tenants provide an established rental component, while the configuration is also presented as suitable for an owner-occupant seeking to operate a business from the property.

The property is located at 32 Linden St in Yonkers, with access to major roadways, public transportation, shopping, restaurants, and local amenities. Walk Score is 95, Transit Score is 64, and Bike Score is 42, supporting convenient access across several transportation modes.

Key Highlights

  • Mixed‑use property with residential tenants currently in place
  • Live‑work configuration supports owner‑occupant use
  • Built in 1900

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,133
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,660 $1.1M
Cap Rate 7%
$801,900 $801.9K
Cap Rate 9%
$623,700 $623.7K
Market Conditions
NOI Build-Up for 2,526 SF
Gross rent
$112.2K $44.40/SF
− Vacancy
−$10.1K −$4.00/SF
EGI
$102.1K $40.40/SF
− OpEx
−$45.9K −$18.18/SF
NOI
$56.1K $22.22/SF
Area
Yonkers, NY
Vacancy
9.00%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,660
Cap Rate 7%
$801,900
Cap Rate 9%
$623,700

Alternative Uses

Best Use
Apartment 5plus
$801.9K
$701.7K – $935.6K (±1% cap)
NOI $56,133 @ 7.0% cap · market cap 4.68%
Second Best
Mixed Use
$682.0K
$596.8K – $795.7K (±1% cap)
NOI $47,741 @ 7.0% cap · market cap 3.98%
Theoretical Best
Multifamily LT 5
$873.2K
$764.0K – $1.02M (±1% cap)
NOI $61,123 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,000
Businesses Nearby

Demographics for 10701, NY

68,704
Population
28,252
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
15,615
Density / Sq Mi
$63,310
Median Household Income
$42,702
Median Earnings
$1,694
Median Rent
$412,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential occupancy is already established within this versatile commercial property.
Where is this mixed-use property located?
The property is located at 32 Linden St Yonkers, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Mixed‑use property with residential tenants currently in place; Live‑work configuration supports owner‑occupant use; Built in 1900
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