Two-Unit Duplex with Solar
58 Tower Place, Yonkers, NY 10703
For Sale
$900,000
The lower apartment has solar power, and the upper unit includes an enclosed porch for additional interior space.
Property Size2,452 SF
Price / SF$367.05
Days on Market109
Property Features for 58 Tower Place
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
First Floor Bedroom
First Floor Full Bath
Cathedral Ceiling(s)
Ceiling Fan(s)
Eat-in Kitchen
Formal Dining
Granite Counters
Natural Woodwork
Open Floorplan
Pantry
Walk-In Closet(s)
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Keller Williams NYC
(212) 301-1140
Listed By:
Christopher Webb
(347) 232-6210
Source:
Clairedleone
Added: Jul 24
Changed: Nov 7
Last Checked: Nov 8 at 8:14PM
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 Keller Williams NYC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,452-square-foot duplex contains two apartments with separate layouts. The first-floor unit has two bedrooms, one full bathroom, a living room, a kitchen and a walkout deck; it is powered by solar energy. Upstairs, the three-bedroom apartment includes one full bathroom and an enclosed porch. An 1,100-square-foot unfinished basement has a walkout and accommodates storage and the home’s utilities.
The property is near major highways, with a seven-minute ride to or from the Metro-North station. The two-unit configuration and distinct apartment layouts provide separate living spaces within one building.
The property is near major highways, with a seven-minute ride to or from the Metro-North station. The two-unit configuration and distinct apartment layouts provide separate living spaces within one building.
Key Highlights
- Two apartments: a two‑bedroom first‑floor unit and a three‑bedroom second‑floor unit
- First‑floor apartment powered by solar energy
- 1,100 sqft unfinished basement with walkout, storage, and utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,333
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,186,660
$1.2M
Cap Rate 7%
$847,614
$847.6K
Cap Rate 9%
$659,256
$659.3K
Market Conditions
NOI Build-Up for 2,452 SF
Gross rent
$92.7K $37.80/SF
− Vacancy
−$7.9K −$3.23/SF
EGI
$84.8K $34.57/SF
− OpEx
−$25.4K −$10.37/SF
NOI
$59.3K $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%
$1,186,660
Cap Rate 7%
$847,614
Cap Rate 9%
$659,256
Alternative Uses
Best Use
Multifamily LT 5
$847.6K
$741.7K – $988.9K
NOI $59,333 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$778.4K
$681.1K – $908.2K
NOI $54,489 @ 7.0% cap · market cap 6.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
Explore this area
Business Placement
Demographics for 10703, NY
22,571
Population
7,925
Households
2.8
Avg Household Size
39
Median Age
26%
College-Educated
80%
High-School Grad
1.6 sq mi
ZIP Area
14,107
Density / Sq Mi
$74,940
Median Household Income
$42,972
Median Earnings
$1,702
Median Rent
$477,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - The lower apartment has solar power, and the upper unit includes an enclosed porch for additional interior space.
Where is this duplex located?
The property is located at 58 Tower Place Yonkers, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two apartments: a two‑bedroom first‑floor unit and a three‑bedroom second‑floor unit; First‑floor apartment powered by solar energy; 1,100 sqft unfinished basement with walkout, storage, and utilities
