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Six-Family Apartment Building
For Sale
$1,200,000

45-47 Highland Avenue, Yonkers, NY 10705

Commercial Sale, Yonkers, NY

Property SizeContact for details
Lot Size0.20 Acres
Days on Market313

Property Features for 45-47 Highland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 7
Parking features Offsite, Driveway, Garage
Basement Full, Walk-Out Access
Lot features Level
Elementary school Yonkers (School Choice)
Middle school Yonkers (School Choice)
High school Yonkers (School Choice)
Elementary school district Yonkers
Middle school district Yonkers
High school district Yonkers
Standard status Active
APN 1800-001-000-00186-000-0057-59
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16061

Utilities

Sewer type Public Sewer
Heating system Oil, Radiant
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1891
Number of units 6
Building materials Frame, Aluminum Siding, Brick
Listing Agency: ERA Insite Realty Services · ERA Real Estate
Listed By: Michael D'Onofrio · License #30DO0491138
Added: Nov 26, 2025 Changed: Sep 15 Last Checked: Oct 5 at 4:06AM
MLS# H6275536

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.

Investment Insights

Based on property information with market context.

This legal six-family apartment property at 45-47 Highland Avenue includes units that have been upgraded as needed and are fully occupied. The 0.2-acre site provides five paid parking spots, a two-car garage, driveway parking, and additional off-street parking. A full basement offers space that may be used for storage or office purposes.

Built in 1891, the building features frame, aluminum siding, and brick construction. Heating is provided by radiant and oil systems, while cooling is available through wall and window units. The property is served by public water and public sewer and is located close to the Hudson. It may also be purchased as part of a package with 153 McLean Ave.

Key Highlights

  • Legal six‑family apartment property with fully occupied units
  • 0.2‑acre site in Yonkers, NY
  • Five paid parking spots, two‑car garage, driveway, and off‑street parking

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Hotel & Motel Furniture & Home Goods Storage Facility

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,169
Businesses Nearby

Demographics for 10705, NY

41,785
Population
15,620
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
18,993
Density / Sq Mi
$68,616
Median Household Income
$40,717
Median Earnings
$1,602
Median Rent
$445,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Fully occupied property with upgraded units, garage parking, and adaptable basement space.
Where is this apartment building located?
The property is located at 45-47 Highland Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Legal six‑family apartment property with fully occupied units; 0.2‑acre site in Yonkers, NY; Five paid parking spots, two‑car garage, driveway, and off‑street parking
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