749 Palisade Ave Yonkers, NY 10703-1876
Property Lookup
Property profile & analytics
749 Palisade Ave Yonkers, NY 10703-1876
- Investment properties
- 4,644 SF
- 0.14 lot acres
Property ID
US63-3050961
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Rosa Mejias: Allstate Insurance / Insurance Agency
Property Details for 749 Palisade Ave
- Year built
- 1960
- Lot size
- 0.14 lot acres
- Property size
- 4,644 SF
- Zone code
- B
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 551800 3.-3026-19
- APU
- 5518003302619
Description
This exceptional mixed-use property, located at 749 Palisade Avenue in Yonkers, NY, presents a compelling investment opportunity. The 6,084 square foot building sits on a 0.14-acre lot and boasts a prime location within the vibrant Northwest Yonkers business district. Just two blocks away, you'll find a variety of amenities including restaurants, a supermarket, delis, banks, a hair salon, and a barber shop. The property's convenient location also offers easy access to major transportation arteries, including the Saw Mill Parkway, and is within a 5-10 minute drive of three Metro-North Railroad stations. Nearby attractions include St. John's Hospital, Untermeyer Gardens, and the Boyce Thompson Center. A bus stop is conveniently located directly outside the building. The building itself comprises two commercial storefronts currently leased to a real estate agency and an insurance agency, and three residential apartments. The apartment units include one three-bedroom unit and two two-bedroom units. The three-bedroom unit on the second floor is in good condition and retains original 1899 wood detailing. The two-bedroom unit on the third floor has been nicely updated. One of the apartments includes central air conditioning, a washer/dryer, and a dishwasher. It also features a deck with access to a gated backyard. A driveway, currently leased with the first-floor unit, provides parking for two or more cars. The entire building underwent a complete renovation in 2010. A large, high-ceiling walk-out basement provides ample storage space and houses the building's utilities. This well-maintained and updated building offers a blend of commercial and residential income streams, making it an ideal investment for both end-users and investors. The property is also known as 747 Palisade Avenue.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,465,000
- 6.5%
- $1,350,000
- 7%
- $1,255,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,158,000
Market price range: $894k - $1.92M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,390,000 Current use
- OFFICE BUILDING
- $1,630,000 Change: +17% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,410,000 Change: +1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.886
- Latitude
- 40.9595
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$15,588
$6,300
$9,600
$15,900
-
$351,955
$536,313
$888,268
