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Two-Family Residential Income Home

83-87 Staunton Street Yonkers, NY 10704

83-87 Staunton Street, Yonkers, NY, 10704
$1,099,000
For Sale
$1,099,000

Two-unit home in Yonkers offering a three-bedroom first-floor layout and two-bedroom second-floor unit with ample parking.

Property Size2,372 SF
Price / SF$463.32
Days on Market30

Property Features for 83-87 Staunton Street

General Information

Standard status
Active
Size
2,372 SF
Property subtype
Duplex

Building Details

Year Built
1936
Listing agency RE/MAX Classic Realty
Listed by Robert D. Villone · License #10401264725
Source Compass
Added: Jun 24 Updated: Jul 22 at 12:57PM Checked: Jul 22 at 12:57PM

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 RE/MAX Classic Realty


Investment Insights

Based on property information with market context.

This two-family residential income property offers two separate apartments. The first-floor unit features a spacious three-bedroom layout designed for comfortable everyday living. The second-floor apartment is a well-appointed two-bedroom home, providing flexible options for owner-occupants and tenants.

Outside, the property includes space to relax and enjoy outdoor activities, along with ample parking for day-to-day convenience. Located in Yonkers with access to major highways for commuting throughout Westchester County and into New York City, the home is minutes from Cross County Shopping Center and near Downtown Yonkers.

The arrangement of units includes a three-bedroom residence on the first floor and a two-bedroom unit on the second floor, making the property suitable for rental income or multi-generational living.

Key Highlights

  • Two‑family home in Yonkers built in 1936
  • First‑floor unit: 3‑bedroom layout with eat‑in kitchen and hardwood floors
  • Second‑floor apartment: 2‑bedroom layout

Local 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 $89.7k $37.80
− Vacancy −$7.7k −$3.23
EGI $82.0k $34.57
− OpEx −$24.6k −$10.37
NOI $57.4k $24.20
2,372 SF · lease $37.80/SF/yr · vacancy 8.55% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$820.0K
$717.5K – $956.6K (±1% cap)
NOI $57,397 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$753.0K
$658.9K – $878.5K (±1% cap)
NOI $52,711 @ 7.0% cap · market cap 4.80%
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

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Hair Salon Locksmith Acupuncture Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit home in Yonkers offering a three-bedroom first-floor layout and two-bedroom second-floor unit with ample parking.
Where is this duplex located?
The property is located at 83-87 Staunton Street Yonkers, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Two‑family home in Yonkers built in 1936; First‑floor unit: 3‑bedroom layout with eat‑in kitchen and hardwood floors; Second‑floor apartment: 2‑bedroom layout
Contact an agent
More about this property
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