Exceptional investment opportunity featuring a 5-family income producing property situated on an oversized double lot, offering strong in place cash flow and long-term upside potential. The property consists of two 2-bedroom, 1-bathroom units and three 1-bedroom, 1-bathroom units, plus a renovated full basement, providing additional flexibility and recreational space. Current rental roll includes Unit 1A - $2,100, Unit 1B - $2,500, Unit 2S - $1,550, Unit 2N - $1,900, and Unit 2E - $1,500. Owner pays heat while tenants are responsible for electric and cooking gas, helping maintain operational efficiency. Situated on a valuable double lot, this income-producing multifamily asset presents a rare opportunity for investors seeking immediate cash flow, long-term appreciation potential, and a strong addition to their investment portfolio.
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Listing By
Agency Name: Aurum Standard Realty Corp
Agency Phone: 914-614-8827
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
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208 Tompkins Road, Yonkers, NY 10703.
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208 Tompkins Road | MLS# 1002001
This commercial property located at 208 Tompkins Road, Yonkers, NY 10703 is currently listed for sale with an asking price of $1,449,000. Tompkins Road is located within the Yonkers school district. Search Yonkers real estate on www.laffey.com today.