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$2,575,000
Est. payment /mo
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 943718
Rental Info No
Year Built 1941
Annual Tax Amount $3,240
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Multi Family
Source onekey2
Property Description
7-Unit Income Property + Development Lot | Garage & Parking Income | Yonkers, NY
Rare opportunity to acquire a 7-unit multifamily building with an additional buildable lot, both sold together, in a prime Yonkers location near Van Cortlandt Park. 28–32 Van Cortlandt Park Ave offers scale, income, and future upside in one package.
The property features seven large residential units, including a bonus superintendent unit—ideal for a handyman, live-in super, or value-add conversion. Units are spacious and well-laid-out, appealing to long-term tenants and strong rental demand.
Three-car garage plus additional parking provide separate income potential, a major value driver in this high-density area.
The sale includes a separate adjacent lot measuring an additional 3,485 sq ft, bringing total lot size to approx. 6,970 sq ft. This extra lot significantly enhances the property's long-term value, offering potential for future development, expansion, outdoor amenities, or resale upside (buyer to verify with municipality). Properties with this level of land flexibility are extremely rare in Yonkers.
Key Highlights:
7 large residential units
Bonus superintendent/handyman unit
3-car garage + parking income
Separate adjacent lot included (3,485 sq ft)
Total combined lot size approx. 6,970 sq ft
Strong rental demand location near Van Cortlandt Park
Building and lot sold together – no separation
This is a high-upside multifamily investment offering immediate income, parking revenue, and long-term development potential—perfect for investors looking to scale their portfolio with a value-add component.
Rare opportunity to acquire a 7-unit multifamily building with an additional buildable lot, both sold together, in a prime Yonkers location near Van Cortlandt Park. 28–32 Van Cortlandt Park Ave offers scale, income, and future upside in one package.
The property features seven large residential units, including a bonus superintendent unit—ideal for a handyman, live-in super, or value-add conversion. Units are spacious and well-laid-out, appealing to long-term tenants and strong rental demand.
Three-car garage plus additional parking provide separate income potential, a major value driver in this high-density area.
The sale includes a separate adjacent lot measuring an additional 3,485 sq ft, bringing total lot size to approx. 6,970 sq ft. This extra lot significantly enhances the property's long-term value, offering potential for future development, expansion, outdoor amenities, or resale upside (buyer to verify with municipality). Properties with this level of land flexibility are extremely rare in Yonkers.
Key Highlights:
7 large residential units
Bonus superintendent/handyman unit
3-car garage + parking income
Separate adjacent lot included (3,485 sq ft)
Total combined lot size approx. 6,970 sq ft
Strong rental demand location near Van Cortlandt Park
Building and lot sold together – no separation
This is a high-upside multifamily investment offering immediate income, parking revenue, and long-term development potential—perfect for investors looking to scale their portfolio with a value-add component.
Location
State NY
County Westchester County
Rooms
Basement None
Interior
Heating Baseboard
Cooling Varies by Unit
Fireplace No
Exterior
Parking Features Garage
Utilities Available See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Others
Special Listing Condition None
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Listed by Winzone Realty Inc • Alon A. Yosopov
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