2-Unit Duplex with
48 Roosevelt St, Yonkers, NY 10701
For Sale
$799,000
Two separate residences offer distinct bedroom and living configurations, with a private driveway and backyard patio.
Property Size2,276 SF
Price / SF$351.05
Days on Market20
Property Features for 48 Roosevelt St
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Amenities
private driveway
garage
backyard with patio space
Building Details
Year Built
Buildings
Listing Agency:
Houlihan Lawrence Inc.
Listed By:
Douglas J. Tricarico
(914) 591-2700
Source:
Searchhomesinlongisland
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 7 at 12:01PM
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 Houlihan Lawrence Inc.
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Investment Insights
Based on property information with market context.
Built in 1913, this 2,276-square-foot duplex at 48 Roosevelt St in Yonkers contains two residential units. The first-floor apartment has two bedrooms, a full bathroom, a kitchen, a living room, and an additional flexible room. Upstairs, the second unit includes three bedrooms, a full bathroom, a kitchen, a living room, and a separate dining room.
The property also has a private driveway, garage, and backyard with patio space. Its two distinct residential layouts and on-site parking are central features of the property.
The property also has a private driveway, garage, and backyard with patio space. Its two distinct residential layouts and on-site parking are central features of the property.
Key Highlights
- Two residential units in a 2,276‑square‑foot building
- First‑floor unit has 2 bedrooms, a full bathroom, kitchen, living room, and an additional room
- Second‑floor unit includes 3 bedrooms, a full bathroom, kitchen, living room, and separate dining room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,074
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,480
$1.1M
Cap Rate 7%
$786,771
$786.8K
Cap Rate 9%
$611,933
$611.9K
Market Conditions
NOI Build-Up for 2,276 SF
Gross rent
$86.0K $37.80/SF
− Vacancy
−$7.4K −$3.23/SF
EGI
$78.7K $34.57/SF
− OpEx
−$23.6K −$10.37/SF
NOI
$55.1K $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%
$1,101,480
Cap Rate 7%
$786,771
Cap Rate 9%
$611,933
Alternative Uses
Best Use
Multifamily LT 5
$786.8K
$688.4K – $917.9K
NOI $55,074 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$722.5K
$632.2K – $843.0K
NOI $50,578 @ 7.0% cap · market cap 6.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,130
Businesses Nearby
Explore this area
Business Placement
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
$412,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Yonkers, NY
Properties on Market for Duplexes in Yonkers
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct bedroom and living configurations, with a private driveway and backyard patio.
Where is this duplex located?
The property is located at 48 Roosevelt St Yonkers, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two residential units in a 2,276‑square‑foot building; First‑floor unit has 2 bedrooms, a full bathroom, kitchen, living room, and an additional room; Second‑floor unit includes 3 bedrooms, a full bathroom, kitchen, living room, and separate dining room
