20 Locust Hill Avenue

Yonkers, NY 10701 Directions
$1,600,000
  • 0.18Acres
  • 1910Built
  • YonkersElementary
  • $21,260Taxes

Property Highlights

  • School District: Yonkers
  • Municipality: Yonkers
  • Days on Market: 188
  • MLS: 865661

Property Highlights

  • School District: Yonkers
  • Municipality: Yonkers
  • Days on Market: 188
  • MLS: 865661

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...

Property Highlights

  • School District: Yonkers
  • Municipality: Yonkers
  • Days on Market: 188
  • MLS: 865661

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.

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.

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  • Additional Information
    • Basement Description: Partially Finished
    • Days On Market: 188
    • Elementary School: Yonkers
    • Elementary School District: Yonkers
    • High School: Contact Agent
    • Middle School: Call Listing Agent
    • On Market Date: 2025-06-03
    • Sewer: Public Sewer
    • Type: Commercial Sale
    • Unit Count: 9
    • Utilities: Natural Gas Available, Natural Gas Connected
    • Year Built: 1910
  • Interior Features
    • Heat: Natural Gas
  • Exterior Features
    • Construction Materials: Brick
  • Assessed Value and Taxes
    • Tax Amount: $21,260
Listing Courtesy of Anne Marie Nascimento of Berkshire Hathaway HS NY Prop.
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