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191 Park Avenue , Yonkers, NY 10703

$10,000,000

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New to the Market

BEDS0 BATHS MLS#997779

STATUSActive PROPERTY TYPECommercial - SCHOOLYonkers

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Property Description

Rare opportunity to acquire a 37-unit multifamily investment property in the heart of Yonkers, offering strong income potential with long-term upside. This well-maintained asset features separate utilities throughout, 20 parking spaces, 32 garages, and additional laundry income, creating multiple revenue streams for investors. Ideally located just minutes from public transportation, Metro-North trains, major highways, shopping, restaurants, schools, and local conveniences, making it highly attractive to tenants. With solid rental demand in the area and value-add potential, this property presents an exceptional opportunity for both seasoned and portfolio-expanding investors.

191 Park Avenue | MLS# 997779

This commercial property located at 191 Park Avenue , Yonkers, NY 10703 is currently listed for sale with an asking price of $10,000,000. Park Avenue is located within the Yonkers school district. Search Yonkers real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Cooling: Wall/Window Unit(s)

Heating: Baseboard, Hot Water, Natural Gas

Lot Size: 0.87 Acres

Taxes: $28,274

Year Built: 1970

Feature Descriptions

Accessibility: Accessible Common Area, Accessible Stairway

Appliances: Dryer, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer

Building Area Total: 25040

Building Features: Laundry

Business Type: Residential

Cap Rate: 6

Days on Site: 1

Exterior: Brick, Stucco

Flooring: Wood

Heating Units: 1

Lot Features: Front Yard, Near Public Transit, Near School, Near Shops

On Market Date: 2026-05-11

Other Structures: Garage(s)

Parcel Number: 1800-002-000-02160-000-0045

Parking Features: Assigned, Parking Lot, Private

Parking Total: 51

Rental Term: Monthly

Separate Electric Meters: 37

Sewer: Public Sewer

Special View Info: City, Skyline

Tenant Pays: All Utilities

Units: 37

Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Private, Water Available

Water: Public

Local Schools

School District: Yonkers

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55 Northern Blvd
Greenvale, NY 11548

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191 Park Avenue , Yonkers, NY 10703

Property Description

191 Park Avenue | MLS# 997779

Property Features

Feature Descriptions

Local Schools

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191 Park Avenue , Yonkers, NY 10703

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