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Renovated 6-Unit Apartment Building
For Sale
Contact for pricing
Pending

44 Croton Terrace, Yonkers, NY 10701

Three-story multifamily property with tenant-paid utilities, laundry facilities, storage, and outdoor parking.

Property Size6,800 SF
Lot Size0.08 Acres
Days on Market148

Property Features for 44 Croton Terrace

General Information

Standard status Pending
Size 6,800 SF
Class Class C
Total Parking Spaces 10
Lot size 0.08 Acres
Property subtype Multifamily
Occupancy 100%

Financials

Asking Price $1,325,000
Cap Rate 6.26%
Gross Rent Multiplier 11.14
Opportunity Zone No

Units

Unit Mix 6 x 3BR
Multifamily Units 6

Amenities

Laundry Facilities
storage

Building Details

Year Built 1925
Stories 3
Listing Agency: Ilia Tcharnyi
Listed By: Ilia Tcharnyi · License #New York
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 2 at 12:17AM

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 Ilia Tcharnyi

Investment Insights

Based on property information with market context.

This three-story apartment building contains six renovated 3BR units within 6,800 SF of building area. Each apartment includes a gas fireplace and independent baseboard heating, with tenants responsible for heat, cooking gas, and electricity. The property also includes a laundry room, storage space, and a basement unit suitable for a superintendent. Ten outdoor parking spaces serve the building, and average occupancy is reported at 100%.

Built in 1925 on a 0.08-acre lot, the property is located in Nodine Hill off Rumsey Road and less than a mile from the Yonkers Downtown Development. The site includes six apartments and operates as a low-rise multifamily asset with three stories. Registered legal rents and parking income are identified as areas for additional income, while the existing tenant-paid utility structure supports a simpler operating arrangement.

Key Highlights

  • Six 3BR apartments in a 6,800 SF, three‑story building
  • All six apartments have been renovated and include a gas fireplace
  • 10 outdoor parking spaces plus laundry room and storage

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,272
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Three-story multifamily property with tenant-paid utilities, laundry facilities, storage, and outdoor parking.
Where is this apartment building located?
The property is located at 44 Croton Terrace Yonkers, NY.
What are key features of this property?
This property features: Six 3BR apartments in a 6,800 SF, three‑story building; All six apartments have been renovated and include a gas fireplace; 10 outdoor parking spaces plus laundry room and storage
More about this property
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