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Two-Unit Duplex with Garage

76 Stevens Avenue, Yonkers, NY 10704

For Sale
$1,199,000

Two three-bedroom residences include private outdoor space, in-building laundry, and natural gas steam heat.

Property Size4,000 SF
Price / SF$299.75
Days on Market53

Property Features for 76 Stevens Avenue

General Information

Standard status Active
Size 4,000 SF
Total Parking Spaces 1
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $14,000

Amenities

private yard
in-building laundry
hardwood floors
stainless steel appliances
natural gas steam heat
First Floor Bedroom
First Floor Full Bath
In-Law Floorplan
Storage

Building Details

Building Size 4,000 SF
Year Built 1964
Units 3
Construction brick
Listing Agency: Serhant LLC
Listed By: Jordan Vaccaro · License #10401380339
Source: Clairedleone
Added: Sep 16 Changed: Nov 6 Last Checked: Nov 7 at 3:51AM

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 Serhant LLC

Rey
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Investment Insights

Based on property information with market context.

This 4,000-square-foot duplex, built in 1964, contains two residences, each with three bedrooms and two full bathrooms. Both units have living and dining areas, hardwood flooring, full kitchens with stainless steel appliances, and oversized windows. In-building laundry, a private yard, and an oversized one-car garage are also part of the property. Natural gas steam heat serves the building, which can be delivered vacant at closing.

The property is on Stevens Avenue in Yonkers, with access to Metro-North and routes toward the Bronx and Manhattan.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 full bathrooms
  • 4,000 square feet; built in 1964
  • Oversized one‑car garage and private yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$96,791
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,935,820 $1.9M
Cap Rate 7%
$1,382,729 $1.4M
Cap Rate 9%
$1,075,456 $1.1M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$151.2K $37.80/SF
− Vacancy
−$12.9K −$3.23/SF
EGI
$138.3K $34.57/SF
− OpEx
−$41.5K −$10.37/SF
NOI
$96.8K $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%
$1,935,820
Cap Rate 7%
$1,382,729
Cap Rate 9%
$1,075,456

Alternative Uses

Best Use
Multifamily LT 5
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,791 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,889 @ 7.0% cap · market cap 7.41%
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

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
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Market

Average Price Trend$/SF for Duplexes in Yonkers, NY

$321 Jul
$356 Aug
$383 Sep
$401 Oct

Properties on Market for Duplexes in Yonkers

Jul
Aug
Sep
Oct

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 - Two three-bedroom residences include private outdoor space, in-building laundry, and natural gas steam heat.
Where is this duplex located?
The property is located at 76 Stevens Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 4,000 square feet; built in 1964; Oversized one‑car garage and private yard
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