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Triplex with Porch and Patio
For Sale
$1,299,999

743 Palisade Avenue, Yonkers, NY 10703

MULTI_FAMILY - Yonkers, NY

Property Size3,566 SF
Lot Size0.15 Acres
Price / SF$364.55
Days on Market10

Property Features for 743 Palisade Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1
Parking 6
Parking features Driveway, Garage, Off Street
Patio and Porch features Porch, Patio
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Original Details, Walk-In Closet(s)
Fireplace 1
Basement Walk-Out Access, Finished, Full
Elementary school Yonkers (School Choice)
Middle school Yonkers (School Choice)
High school Yonkers (School Choice)
Elementary school district Yonkers
Middle school district Yonkers
High school district Yonkers
Directions Roberts Avenue to Palisade Avenue to #743.
Standard status Active
APN 1800-003-000-03026-000-0021
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 12741

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1900
Number of units 3
Building materials Frame
Listing Agency: Mary Jane Pastor Realty
Listed By: Liliana Sarmento
Added: Jul 22 Changed: Jul 30 Last Checked: Jul 31 at 4:06AM
MLS# 1027421

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

743 Palisade Avenue is a triplex built in 1900 on a 0.1481-acre lot. The property offers a total of 3,566 square feet with a frame construction and natural gas heating. Interior features include a first floor bedroom and first floor full bath, an eat-in kitchen, an entrance foyer, original details, and walk-in closet(s).

The home includes a porch and patio, along with a fireplace. Parking is available with a driveway, garage, and off-street spaces. Utilities are connected via public water and public sewer.

Room inventory includes multiple bedrooms and bathrooms, with a basement level. The layout supports a variety of uses for an owner-occupant or investor seeking a property with flexibility to update and personalize the space.

Key Highlights

  • 3,566‑square‑foot triplex
  • 0.1481‑acre lot with porch and patio
  • Frame construction built in 1900

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 $134.8k $37.80
− Vacancy −$11.5k −$3.23
EGI $123.3k $34.57
− OpEx −$37.0k −$10.37
NOI $86.3k $24.20
3,566 SF · lease $37.80/SF/yr · vacancy 8.55% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,289 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$1.13M
$990.6K – $1.32M (±1% cap)
NOI $79,244 @ 7.0% cap · market cap 6.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Bakery Hair Salon (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

864
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex built in 1900 featuring a porch, patio, fireplace, and natural gas heat with public water and sewer.
Where is this triplex located?
The property is located at 743 Palisade Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: 3,566‑square‑foot triplex; 0.1481‑acre lot with porch and patio; Frame construction built in 1900
More about this property
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