85 Tibbetts Rd, Yonkers, NY 10705-4673
This exceptional Yonkers, NY property presents a rare investment opportunity. The well-maintained brick building boasts 6,812 square feet on a 0.25-acre lot, strategically located just 30 minutes from Manhattan. Its prime location offers easy access to major highways, shopping centers, and schools, ensuring high tenant demand. The building comprises four residential apartments, each featuring two bedrooms, and three retail storefronts. All units are currently occupied by long-term tenants on month-to-month agreements, providing immediate cash flow. The apartments are in excellent condition, promising consistent rental income. The three storefronts offer significant potential for increased revenue through lease renegotiation or redevelopment. This property is ideal for an investor seeking a stable, high-return investment with substantial upside potential. The existing tenants have a history of good standing, minimizing vacancy risks. The combination of residential and commercial units creates a diversified income stream, mitigating potential market fluctuations. This is a turnkey opportunity to acquire a well-positioned, income-generating asset in a thriving area. Don't miss this chance to secure a valuable piece of Yonkers real estate.
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Aunt Cleaners (Bike/Boat/Book/etc) Store
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TIBBETTS PLUMBING AND HEATING General Contractor
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En lai Chinese restaurant Restaurant
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Essential Drug Detox Yonkers Counselor
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V.I.P Nail Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
BA · Yonkers, NYYonkers. Always verify with local authorities before improvements.
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.