Detached Duplex with River
For Sale
$1,395,000
47 Lincoln Terrace, Yonkers, NY 10701
2022-built two-family residence with private balconies, flexible finished-basement space, and separate electric meters.
Property Size4,710 SF
Price / SF$296.18
Days on Market52
Property Features for 47 Lincoln Terrace
General Information
Standard status
Active
Size
4,710 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,221
Building Details
Building Size
4,710 SF
Year Built
2022
Listing Agency:
Greene Realty Group
Listed By:
Derek J. Greene · License #MA9503235-RE-B
(877) 222-0621
Source:
Shawmetro
Added: Sep 14
Changed: Oct 31
Last Checked: Nov 3 at 2:30PM
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 Greene Realty Group
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Investment Insights
Based on property information with market context.
Completed in 2022, this fully detached duplex contains approximately 4,710 square feet and eight bedrooms. The property features open-concept interiors, oak hardwood flooring, quartz kitchen counters, energy-efficient stainless-steel appliances, private balconies, laundry areas in both units, and extensive closet storage. A finished walk-out basement adds adaptable space for recreation, an office, exercise equipment, or storage. The home also includes ductless cooling, an electric heat-pump system, ENERGY STAR windows and doors, public water and sewer, and two separate electric meters.
The residence occupies a fenced setting at the end of a cul-de-sac near the Hudson River, with water views and private outdoor space. It includes a two-car garage and a two-car private driveway. The larger unit is owner-occupied, while a separate three-bedroom apartment is currently rented. Metro-North Railroad is a five-minute walk away, with buses, highways, schools, parks, and the Old Croton Aqueduct Trail nearby; Manhattan is less than a 30-minute drive.
The residence occupies a fenced setting at the end of a cul-de-sac near the Hudson River, with water views and private outdoor space. It includes a two-car garage and a two-car private driveway. The larger unit is owner-occupied, while a separate three-bedroom apartment is currently rented. Metro-North Railroad is a five-minute walk away, with buses, highways, schools, parks, and the Old Croton Aqueduct Trail nearby; Manhattan is less than a 30-minute drive.
Key Highlights
- 2022‑built fully detached duplex with approximately 4,710 square feet
- Eight‑bedroom two‑family layout with one unit currently rented
- Hudson River views, private balconies, and fenced outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,971
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,279,420
$2.3M
Cap Rate 7%
$1,628,157
$1.6M
Cap Rate 9%
$1,266,344
$1.3M
Market Conditions
NOI Build-Up for 4,710 SF
Gross rent
$178.0K $37.80/SF
− Vacancy
−$15.2K −$3.23/SF
EGI
$162.8K $34.57/SF
− OpEx
−$48.8K −$10.37/SF
NOI
$114.0K $24.20/SF
Area
Yonkers, NY
Vacancy
8.55%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,279,420
Cap Rate 7%
$1,628,157
Cap Rate 9%
$1,266,344
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.42M – $1.90M
NOI $113,971 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$1.50M
$1.31M – $1.74M
NOI $104,667 @ 7.0% cap · market cap 7.50%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - 2022-built two-family residence with private balconies, flexible finished-basement space, and separate electric meters.
Where is this duplex located?
The property is located at 47 Lincoln Terrace Yonkers, NY.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 2022‑built fully detached duplex with approximately 4,710 square feet; Eight‑bedroom two‑family layout with one unit currently rented; Hudson River views, private balconies, and fenced outdoor space
