20 Locust Hill Avenue, Yonkers, NY, 10701
1910
Calling all investors...rare opportunity to own a solid brick 9 family-income producing building in the heart of Yonkers' - Hollywood on the Hudson and Downtown Revitalization Initiative. Located just .5 miles from Metro North, the new waterfront renaissance area and Lion's Gate Hollywood Studios, this property presents a potential profitable investment to park your money in. Nine spacious 3 bedroom ,1 bath units with a large walkout basement and ample rear yard. Each unit has an eat-in kitchen, living room, dining space, 3 bedrooms, den (4th bedroom), bathroom and ample closets. The building is currently rent stabilized with a yearly income of $151,000 (increases - not reflected here - will take effect June 2025) and is fully occupied by long term tenants. Walk out lower level consists of the 9th unit, utility room, work room and storage. Gas heat. Tenants pay for cooking gas and electricity. Building is being sold "AS-IS". Walk to Getty Square and centrally located to bus, train, shopping centers, major parkways and 28 minutes to Manhattan. Get in before the Revitalization Initiative is complete and these great investment opportunities are no longer available. Won't last.
Status:
Active
Type:
Commercial
Units:
9
Heating:
Natural Gas
Cooling:
None
Basement:
Partially Finished
Acreage:
0.18
Est. Taxes:
$21,260
Assessment
$18,100
Construction
Brick
Utilities
Natural Gas Connected
Elementary School:
Yonkers
Middle School:
Call Listing Agent
High School:
Contact Agent
School District:
Yonkers
Days on Market:
185
MLS #:
865661
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Berkshire Hathaway HS NY Prop 914-723-5225