Detached Two-Family
73 Fairview Street Yonkers, NY 10703
For Sale
$499,000
Detached two-family home on a 25x100 lot with an above-ground basement, sold as-is to cash buyers.
Property Size1,842 SF
Lot Size0.06 Acres
Price / SF$270.90
Days on Market171
Property Features for 73 Fairview Street
General Information
- Standard status
- Active
- Size
- 1,842 SF
- Lot size
- 0.06 Acres
- Property subtype
- MultiFamily / Two Family - Detached
Building Details
- Year Built
- 1917
Listing Agency:
Revolution Realty Group
(718) 938-0662
Listed By:
Salvatore Taormina · License #10301210276
(718) 938-0662
Source:
Compass
Added: Feb 3
Changed: Jul 23
Last Checked: Jul 23 at 6:18PM
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 Revolution Realty Group
Investment Insights
Based on property information with market context.
This detached two-family residence sits on a 25x100 lot and includes an above-ground basement. The property is described as being sold “as is,” with no additional condition details provided in the listing materials.
The sale is identified as a short sale and is subject to bank approval. The listing also states that cash offers only are accepted, and offers should be based on drive-by viewing.
This property is being offered for sale as a residential income asset in a duplex configuration, with the primary improvements comprising the existing two-family structure and its above-ground basement.
The sale is identified as a short sale and is subject to bank approval. The listing also states that cash offers only are accepted, and offers should be based on drive-by viewing.
This property is being offered for sale as a residential income asset in a duplex configuration, with the primary improvements comprising the existing two-family structure and its above-ground basement.
Key Highlights
- Detached 2‑family home on a 25x100 lot
- Full finished basement (above‑ground) with full basement type
- 2 full baths and 3 total baths
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.6k | $37.80 |
| − Vacancy | −$6.0k | −$3.23 |
| EGI | $63.7k | $34.57 |
| − OpEx | −$19.1k | −$10.37 |
| NOI | $44.6k | $24.20 |
1,842 SF · lease $37.80/SF/yr · vacancy 8.55% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$636.7K
$557.2K – $742.9K
NOI $44,572 @ 7.0% cap · market cap 8.93%
Second Best
Apartment 5plus
$584.8K
$511.7K – $682.2K
NOI $40,933 @ 7.0% cap · market cap 8.20%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Detached two-family home on a 25x100 lot with an above-ground basement, sold as-is to cash buyers.
Where is this duplex located?
The property is located at 73 Fairview Street Yonkers, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Detached 2‑family home on a 25x100 lot; Full finished basement (above‑ground) with full basement type; 2 full baths and 3 total baths
