7-Unit Income Property + Development Lot | Garage & Parking Income | Yonkers, NYRare opportunity to acquire a 7-unit multifamily building with an additional buildable lot, both sold together, in a prime Yonkers location near Van Cortlandt Park. 28-32 Van Cortlandt Park Ave offers scale, income, and future upside in one package.The property features seven large residential units, including a bonus superintendent unit-ideal for a handyman, live-in super, or value-add conversion. Units are spacious and well-laid-out, appealing to long-term tenants and strong rental demand.Three-car garage plus additional parking provide separate income potential, a major value driver in this high-density area.The sale includes a separate adjacent lot measuring an additional 3,485 sq ft, bringing total lot size to approx. 6,970 sq ft. This extra lot significantly enhances the property's long-term value, offering potential for future development, expansion, outdoor amenities, or resale upside (buyer to verify with municipality). Properties with this level of land flexibility are extremely rare in Yonkers.Key Highlights:7 large residential unitsBonus superintendent/handyman unit3-car garage + parking incomeSeparate adjacent lot included (3,485 sq ft)Total combined lot size approx. 6,970 sq ftStrong rental demand location near Van Cortlandt ParkBuilding and lot sold together - no separationThis is a high-upside multifamily investment offering immediate income, parking revenue, and long-term development potential-perfect for investors looking to scale their portfolio with a value-add component.
Listing By
Agency Name: Winzone Realty Inc
Agency Contact: 347-707-3743
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
28-32 Van Cortlandt Park Avenue | MLS# 943718
This commercial property located at 28-32 Van Cortlandt Park Avenue, Yonkers, NY 10705 is currently listed for sale with an asking price of $2,575,000. Search Yonkers real estate on www.coldwellbankerchoice.com today.