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Two-Unit Duplex on Large Lot
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62 Raybrook Road, Yonkers, NY 10704

The two-family property includes on-site parking and access to shopping, schools, transportation, and major highways.

Property Size2,880 SF
Lot Size0.23 Acres
Price / SF$381.94
Days on Market49

Property Features for 62 Raybrook Road

General Information

Standard status Active
Size 2,880 SF
Lot size 0.23 Acres
Property subtype Duplex

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $14,940

Building Details

Building Size 2,880 SF
Year Built 1961
Buildings 1
Listing Agency: YourHomeSold Guaranteed Realty
Listed By: Bryant Moran
Source: Totallywestchester
Added: Sep 8 Changed: Oct 24 Last Checked: Oct 24 at 11:01PM

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 YourHomeSold Guaranteed Realty

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Investment Insights

Based on property information with market context.

This Yonkers duplex, built in 1961, contains approximately 2,880 square feet of living space across two units. The property has five bedrooms and 2.5 bathrooms. The upper apartment’s size supports a potential layout change to four bedrooms. The 100-by-100-foot parcel provides outdoor space and on-site parking.

Shopping, schools, transportation, and major highways are accessible from the property.

Key Highlights

  • Approximately 2,880 square feet across two residential units
  • 100 x 100 lot with outdoor space and on‑site parking
  • Five bedrooms and 2.5 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,689
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,393,780 $1.4M
Cap Rate 7%
$995,557 $995.6K
Cap Rate 9%
$774,322 $774.3K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$108.9K $37.80/SF
− Vacancy
−$9.3K −$3.23/SF
EGI
$99.6K $34.57/SF
− OpEx
−$29.9K −$10.37/SF
NOI
$69.7K $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%
$1,393,780
Cap Rate 7%
$995,557
Cap Rate 9%
$774,322

Alternative Uses

Best Use
Multifamily LT 5
$995.6K
$871.1K – $1.16M (±1% cap)
NOI $69,689 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$914.3K
$800.0K – $1.07M (±1% cap)
NOI $64,000 @ 7.0% cap · market cap 5.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,493
Businesses Nearby

Demographics for 10704, NY

32,426
Population
12,576
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
12,010
Density / Sq Mi
$110,097
Median Household Income
$57,134
Median Earnings
$1,898
Median Rent
$508,100
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

Frequently Asked Questions

What type of property is this?
Duplex - The two-family property includes on-site parking and access to shopping, schools, transportation, and major highways.
Where is this duplex located?
The property is located at 62 Raybrook Road Yonkers, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 2,880 square feet across two residential units; 100 x 100 lot with outdoor space and on‑site parking; Five bedrooms and 2.5 bathrooms
(475) 368-8161 Call to check price and availability
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