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10701
W74° 6' 15.2''
N40° 56' 7.3''
Contact Info
Anne Marie Nascimento
1118069
Property Description

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 Lions 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. Wont last.

20 Locust Hill Avenue

Yonkers, New York 10701, United States

  • Square Footage: 7,840.80 Sqft
$1,600,000
Listing ID#143791
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Basic Details
Property Type : Commercial
Listing Type : Active
Listing ID : 143791
Ref ID : 405885156
Price : $1,600,000
Square Footage : 7,840.80 Sqft
Lot Area : 0.18 Sqft
MLS : 865661
Office ID : NY307-001
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Anne Marie Nascimento
New York Properties
New York Properties
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