$2,900,000

127-131 Highland Ave Avenue, Yonkers, NY 10705

  • 4,232 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $685/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

127–131 Highland Avenue – Fully Renovated Free-Market 8-Unit with Bonus Land This all-brick, turnkey property is a rare investment opportunity offering 7 apartments plus a retail store — all fully renovated and stabilized with long-term tenants in place. Each unit features separate boilers and utilities, meaning tenants cover their own expenses while the landlord is only responsible for water. Although the building presents as a single structure, it is legally configured as three separate properties (a two-family, a three-family, and a mixed-use two-family with store) — each with its own deed and tax lot. Adding further value, the sale includes a bonus parcel of land at 114 Stanley Avenue, currently used by tenants as a private outdoor space. This parcel offers future development potential or continued use as a yard. With its solid brick construction, full renovations, and prime free-market status, 127–131 Highland Avenue offers both immediate cash flow and long-term upside in one of Yonkers’ most sought-after investment corridors.

Listing Status:
Active
Listing Office:
Winzone Realty Inc : 347-707-3743
MLS ID:
910780
  • A/C: Varies by Unit
  • Heating: Baseboard
  • Originating MLS: onekey2
  • County: Westchester County
  • Zoning: 1800-001-000-00184-000-0067
  • Utilities: Electricity AvailableNatural Gas Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Winzone Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cesar E Chavez School

20 Cedar Pl, Yonkers, NY, 10705

Grades PK-8

0.20 miles away

C

Cesar E Chavez School

20 Cedar Pl, Yonkers, NY, 10705

Grades PK-8

0.20 miles away

Y

Yonkers High School

150 Rockland Ave, Yonkers, NY, 10705

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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