Zoocasa Realty Inc., Brokerage

33 Saint Andrews Pl, Yonkers, NY

Name: 33 Saint Andrews Pl, For Sale in Yonkers - Zoocasa
Brand: Real Broker NY LLC
SKU: 1067410
Price: 975000 USD

House

For Sale

Listed price in listed location currency (USD).

$975,000

1140

MLS® 1067410

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 3479 sqft

Garage

Taxes $13,040

Days Active 0

Lot Size 0.1309 Acres

Approx. Age 1903

Avg. Price Per Sqft $280

MLS® Number 1067410

Property Address: 33 Saint Andrews Pl, Yonkers, NY, 10705-3185

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

Description

Investor Opportunity! Legal 3-Family with Walk-Out Basement in Yonkers! Excellent opportunity to own a legal three-family property in Yonkers with strong rental income potential, recent improvements, and significant upside for investors. Featuring three spacious units, a walk-out basement with a separate entrance, a large lot, and an expansive driveway - this property offers multiple avenues to maximize immediate returns and build long-term equity. The first-floor unit offers 4 bedrooms and 1 full bathroom, while the fully renovated second-floor unit features 4 bedrooms and 2 full bathrooms. The third-floor unit includes 3 bedrooms and 1 full bathroom. The 1st floor and 3rd floor units offer value-add potential and would benefit from some TLC, allowing an investor to renovate and increase rental income. All tenants are currently month-to-month except for the second-floor tenant (leased), offering flexibility for future management and repositioning. Major improvements completed in 2024–2025 include 2nd floor renovations, cast iron pipe replacement, a new hot water heater, a new oil tank, and a new boiler. The property features four electric meters and three gas meters, along with an above-ground oil tank for heating. Projected market rents are approximately $2, 700+ per month for the first floor, $3, 000+ for the second floor, and $2, 500+ for the third floor, for a potential minimum gross rental income of $8, 200 per month, or $98, 400 annually. Based on stabilized operating performance just for 3 units, the property offers an estimated stabilized cap rate of 8.25%. The large lot and expansive driveway provide further possibilities, including the potential to add a parking lot for tenants. With an estimated after-repair value above $1, 200, 000, this property is an exceptional opportunity for investors seeking a value-add multifamily asset with strong income potential and long-term appreciation prospects in Yonkers. Bring your vision and unlock the full potential of this income-producing property!

MLS® Number1067410

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1903

BasementFull, Walk-Out Access

DrivewayDriveway

Garage Spaces

HeatNatural Gas, Oil

A/CWall/Window Unit(s)

Extras

Map

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