29 Saint Andrews Pl, Yonkers, NY

Name: 29 Saint Andrews Pl, For Sale in Yonkers - Zoocasa
Brand: Jason Mitchell Real Estate NY
SKU: 977907
Price: 1649000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,649,000

007

MLS® 977907

Overview

Key Facts

Type Hotel/Motel

Levels Business Opportunity

Size -

Garage No

Maintenance Fees

Taxes $8,700

Days Active 0

Approx. Age 1899

MLS® Number 977907

Property Address: 29 Saint Andrews Pl, Yonkers, NY, 10705-3139

Average square foot calculated using Size range provided by listing agent.

Description

Located in Yonkers (10705), this legal 12-unit rooming house offers investors a rare opportunity to acquire both the income-producing property and the established room-rental business. The property is fully operational and generates strong cash flow with upside potential. The building currently produces $168, 000 in gross annual income with low operating expenses of approximately $35, 500, resulting in a net operating income of $132, 500. At the current asking price, the investment delivers an approximately 8% cap rate. In addition to the real estate, the rooming house business is included in the sale, allowing the buyer to step into a fully functioning rental operation from day one. The property also benefits from zoning in Yonkers that permits short-term rentals, providing investors the option to increase revenue through platforms such as Airbnb or other short-term rental models. A 7-car driveway parking lot is included, providing additional convenience and value for tenants and guests. This is an excellent opportunity for investors seeking stable income, strong cash flow, and future upside through short-term rental conversion or rent optimization. Owner is Licensed Real Estate Agent.

MLS® Number977907

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1899

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 29, 2026List Date

$1,649,000List Price

Map

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