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    10 St Casimir Ave Yonkers, NY 10701

    For Sale
    Contact for pricing

    22-Unit Apartment Building, High Potential

    Property size:
    31,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional multifamily investment opportunity presents a six-story apartment building located in Yonkers, New York, at 10 St. Casimir Avenue and 40 Columbus Place, encompassing a total of 31,000 square feet on a 0.36-acre lot. Constructed in 1927, the building boasts 22 units, offering significant potential for rental income. The property's address is conveniently located within Westchester County, NY, 10701. The building's permitted zoning is designated for Industry, with Residences Excluded, a key factor to consider for future development or operational plans. The property's location provides easy access to various amenities and transportation options within Yonkers. This substantial property presents a rare chance to acquire a well-established multifamily building in a desirable location, offering a strong foundation for a lucrative investment. The building's size and unit count provide a substantial rental income stream, while the land size offers potential for future expansion or redevelopment, subject to applicable zoning regulations. Serious investors are encouraged to explore this unique opportunity to acquire a significant asset in a thriving market. Further due diligence is recommended to fully assess the property's potential and to understand the implications of the permitted zoning.

    Property Features for 10 St Casimir Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    31,000 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1927
    Stories
    6
    Units
    22

    HighLights

    • 22‑unit apartment building in Yonkers, NY.
    • 31,000 square feet.
    • Built in 1927, six stories.
    • 0.36‑acre lot.
    • Located at 10 St. Casimir Ave and 40 Columbus Pl, Yonkers, NY 10701.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8931502
    Latitude
    40.9348475

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    FAQs

    What type of property is this?
    Multifamily property - 22-Unit Apartment Building, High Potential
    Where is this multifamily property located?
    The property is located at 10 St Casimir Ave Yonkers, NY.
    What are key features of this property?
    This property features: 22-unit apartment building in Yonkers, NY.; 31,000 square feet.; Built in 1927, six stories.
    Request Owner's contact information
    10 St Casimir Ave Yonkers, NY 10701
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    Yonkers, NY 10701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 St Casimir Ave Yonkers, NY 10701
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