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Legal 4-Unit Quadplex
New
For Sale
$1,149,000

40 Paula Ave, Yonkers, NY 10704

The property offers a varied apartment mix and is currently occupied by tenants.

Property Size4,915 SF
Days on Market7

Property Features for 40 Paula Ave

General Information

Standard status Active
Size 4,915 SF
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence fair condition

Units

Unit Mix 1 x 4BR, 2 x 2BR, 1 x 1BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,181

Building Details

Building Size 4,915 SF
Year Built 1960
Buildings 1
Units 4
Listing Agency: vision homes real estate llc
Listed By: Avnish Kumar · License #10301222525
Source: Elliman
Added: Aug 26 Changed: Aug 31 Last Checked: Aug 30 at 10:14PM

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 vision homes real estate llc

Investment Insights

Based on property information with market context.

Built in 1960, this legal quadplex contains four apartments with a varied bedroom mix: one four-bedroom unit, two two-bedroom units, and one one-bedroom unit. The building is in fair condition and is being sold with tenants in place.

The property is located at 40 Paula Ave in Yonkers, NY 10704, near transportation, shopping, schools, and major roadways. WalkScore is 68, TransitScore is 55, and BikeScore is 32, reflecting access to local services and transportation options.

Key Highlights

  • Legal four‑unit residential property at 40 Paula Ave, Yonkers, NY 10704
  • Unit mix includes one 4‑bedroom, two 2‑bedroom, and one 1‑bedroom apartments
  • Built in 1960

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Skin Care Clinic Acupuncture Gym & Fitness Center

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,255
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - The property offers a varied apartment mix and is currently occupied by tenants.
Where is this quadplex located?
The property is located at 40 Paula Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Legal four‑unit residential property at 40 Paula Ave, Yonkers, NY 10704; Unit mix includes one 4‑bedroom, two 2‑bedroom, and one 1‑bedroom apartments; Built in 1960
More about this property
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