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Brick Triplex with Hudson Views
For Sale
$1,150,000

97 Van Cortlandt Pk Avenue, Yonkers, NY 10701

Residential Income, Yonkers, NY

Property Size3,900 SF
Lot Size0.18 Acres
Price / SF$294.87
Days on Market90

Property Features for 97 Van Cortlandt Pk Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 8, Dining Room, Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 7, Bathroom 1, Bathroom 5, Basement, Bedroom 4
Parking 4
Parking features Driveway
Security features Security System
Interior features Eat-in Kitchen, Entrance Foyer, Formal Dining, Open Kitchen, Smart Thermostat, Storage, Washer/Dryer Hookup
Fireplace 1
Basement Unfinished, Walk-Out Access, Storage Space
View River
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 Rumsey Road to Van Cortlandt Park Ave
Standard status Active
APN 1800-001-000-00460-000-0011-28
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 16324

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Oil
Cooling system Window Unit(s), Central Air, Wall/Window Unit(s)
Water source Public

Amenities

patio
walk-out basement

Building Details

Year built 1930
Number of units 3
Flooring type Combination
Building materials Brick
Additional Structures Storage
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Barbara O'Connell
Added: Jul 13 Changed: Oct 5 Last Checked: Oct 10 at 12:06AM
MLS# 1024944

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.

This 1930 brick triplex contains approximately 3,900 square feet across three residential units. The family-occupied owner's apartment offers three bedrooms, two full baths, a kitchen and dining area, central air conditioning, and in-unit laundry. The second apartment also includes three bedrooms and two baths, while the entry-level unit has two bedrooms and one bath. Kitchens in the upper units provide views toward the Hudson River and Palisades.

The property includes an expansive patio, walk-out basement access, a large attic, storage, and a driveway with four parking spaces plus two tandem spaces. Interior details include formal dining areas, an entrance foyer, combination flooring, public water and sewer, hot-water oil heating, and a mix of central and wall or window cooling. The 0.1778-acre property is located at 97 Van Cortlandt Pk Avenue in Yonkers, near the Saw Mill and Henry Hudson Parkways and a Metro-North station, with a stated 35-minute commute to NYC.

Key Highlights

  • Legal 3‑family brick property built in 1930
  • Approximately 3,900 square feet on 0.1778 acres
  • Unit mix includes two 3‑bedroom units and one 2‑bedroom unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$94,371
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,887,420 $1.9M
Cap Rate 7%
$1,348,157 $1.3M
Cap Rate 9%
$1,048,567 $1.0M
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$147.4K $37.80/SF
− Vacancy
−$12.6K −$3.23/SF
EGI
$134.8K $34.57/SF
− OpEx
−$40.4K −$10.37/SF
NOI
$94.4K $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%
$1,887,420
Cap Rate 7%
$1,348,157
Cap Rate 9%
$1,048,567

Alternative Uses

Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,371 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,667 @ 7.0% cap · market cap 7.54%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Acupuncture Skin Care Clinic Garden Center Veterinary Clinic (Bike/Boat/Book/etc) Store

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,453
Businesses Nearby

Demographics for 10701, NY

68,704
Population
28,252
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
15,615
Density / Sq Mi
$63,310
Median Household Income
$42,702
Median Earnings
$1,694
Median Rent
$412,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-family residence with private outdoor space, basement access, and driveway parking.
Where is this triplex located?
The property is located at 97 Van Cortlandt Pk Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Legal 3‑family brick property built in 1930; Approximately 3,900 square feet on 0.1778 acres; Unit mix includes two 3‑bedroom units and one 2‑bedroom unit
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