Renovated Duplex in
42 Alder Street, Yonkers, NY 10701
- Added:
- Mar 4, 2026
- Days on Market:
- 78
- Last Refresh:
- May 21 at 1:06 am
Property Features for 42 Alder Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Basement
- Parking features
- Garage, On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, Entrance Foyer, Washer/Dryer Hookup
- Basement
- Storage Space, Unfinished, Full, Walk-Out Access
- Standard status
- Pending
- APN
- 1800-001-000-00430-000-0001
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11093
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Ductless, Electric
- Water source
- Public
Building Details
- Year built
- 1923
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Frame
Listing agent Ryan Paige License #10401301918 (845) 825-4778
Listing office Corcoran Baer & McIntosh 97 S Broadway, Congers, NY (845) 358-9440
Listing date Mar 4, 2026
MLS# 965448
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong income‑generating property with $81,300 gross annual income and an approximate 7.2% cap rate.
- Fully renovated in 2025 two‑family duplex featuring modern finishes, stainless steel appliances, and updated bathrooms in both 3‑bed/1‑bath units.
- Excellent location in Yonkers, close to Metro‑North stations, major parkways, and downtown Yonkers amenities, offering an easy commute to Manhattan.
- Opportunity for owner‑occupancy to live in one unit while rental income from the second unit and garage offsets expenses and builds equity.
- New windows with lifetime warranty, new roof, and energy‑efficient boiler for long‑term durability and reduced operating costs; mini‑split systems for efficient heating and cooling.
- Potential to convert the unfinished basement into an additional two‑bedroom unit with washer/dryer hookups for increased income and property value.
Overview
Located on a corner lot in Yonkers, 42 Alder Street is a renovated two-family duplex. The property is situated moments from Metro-North stations and major parkways, offering access to Manhattan. Both units feature three bedrooms and one bathroom and were fully renovated in 2025 with modern finishes. The renovations include flooring, updated kitchens with stainless steel appliances, and updated bathrooms. New windows with a lifetime warranty provide natural light, while a new roof and energy-efficient boiler enhance durability. Each unit has mini-split systems for heating and cooling. The property has three separate meters, with the second-floor tenant paying their own gas and electric. Solar panels are currently leased. The property generates $81,300 in gross annual income, with both residential units and the three-car garage fully rented. The garage provides additional cash flow. An unfinished basement offers the possibility of conversion into an additional two-bedroom unit with washer/dryer hookups. A fenced yard completes the property. The property is located minutes away from downtown Yonkers, its waterfront, restaurants, shops and neighborhood conveniences.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.885643
- Latitude
- 40.929213
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Updated two-family duplex near Manhattan with income potential.
Where is this duplex located?
The property is located at 42 Alder Street Yonkers, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Strong income‑generating property with $81,300 gross annual income and an approximate 7.2% cap rate.; Fully renovated in 2025 two‑family duplex featuring modern finishes, stainless steel appliances, and updated bathrooms in both 3‑bed/1‑bath units.; Excellent location in Yonkers, close to Metro‑North stations, major parkways, and downtown Yonkers amenities, offering an easy commute to Manhattan.
