10 St Casimir Ave Yonkers, NY 10701
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.