MLS#997779
STATUSActive
PROPERTY TYPECommercial -
SCHOOLYonkers
Property Description
Rare opportunity to acquire a 37-unit multifamily investment property in the heart of Yonkers, offering strong income potential with long-term upside. This well-maintained asset features separate utilities throughout, 20 parking spaces, 32 garages, and additional laundry income, creating multiple revenue streams for investors. Ideally located just minutes from public transportation, Metro-North trains, major highways, shopping, restaurants, schools, and local conveniences, making it highly attractive to tenants. With solid rental demand in the area and value-add potential, this property presents an exceptional opportunity for both seasoned and portfolio-expanding investors.
Property Features
Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Hot Water, Natural Gas
Lot Size: 0.87 Acres
Taxes: $28,274
Year Built: 1970
Feature Descriptions
Accessibility: Accessible Common Area, Accessible Stairway
Appliances: Dryer, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer
Building Area Total: 25040
Building Features: Laundry
Business Type: Residential
Cap Rate: 6
Days on Site: 5
Exterior: Brick, Stucco
Flooring: Wood
Heating Units: 1
Lot Features: Front Yard, Near Public Transit, Near School, Near Shops
On Market Date: 2026-05-11
Other Structures: Garage(s)
Parcel Number: 1800-002-000-02160-000-0045
Parking Features: Assigned, Parking Lot, Private
Parking Total: 51
Rental Term: Monthly
Separate Electric Meters: 37
Sewer: Public Sewer
Special View Info: City, Skyline
Tenant Pays: All Utilities
Units: 37
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Private, Water Available
Water: Public
Local Schools
School District: Yonkers
Listed By / Shown By
Listing By
Agency Name: Aurum Standard Realty Corp
Agency Phone: 914-614-8827
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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191 Park Avenue | MLS# 997779
This commercial property located at 191 Park Avenue , Yonkers, NY 10703 is currently listed for sale with an asking price of $10,000,000. Park Avenue is located within the Yonkers school district. Search Yonkers real estate on www.coldwellbankerchoice.com today.