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54 Ravine Avenue Yonkers NY, 10701
$899,000
  • Under Contract
  • 10 Bedrooms
  • 7 Full Baths
  • 3186 SqFt
  • Year Built 1942
  • Single Family
  • ML# H6330371

Property Details

Overview

Unbelievable deal in the heart of Prime Downtown Yonkers! 8 min walk to the Metro North! This 4-family, income-producing property offers a unique layout with (2) 2-bedroom apartments (one featuring 2 full bathrooms and backyard access) and (2) 3-bedroom apartments, each with 2 full bathrooms. The top-floor apartment boasts breathtaking river views. The property generates a gross income of $100, 200 annually, with potential for more, with a Cap Rate of 8.9%. The property is well maintained and all other units are similar to the vacant unit shown in the pictures. This is truly unheard of in today’s market! Each tenant covers their own heating and gas, keeping expenses extra low. Enjoy Yonkers Waterfront, easy access to transportation, shopping, dining, parks, museums, and more. This property offers both an outstanding investment and the potential for owner occupancy—don’t miss your chance to seize this incredible opportunity!

Key Facts

  • SqFt: 3186.00
  • Style: Contemporary, Townhouse
  • Lot Size: 0.05
  • Lot Sq Ft: 2178
  • Taxes: $11,074
  • School District: Yonkers Early Childhood Academy

Additional Features

  • Construction Materials: Brick, Vinyl Siding
  • Parking Spaces: Yes
  • Parking Facilities: On Street

Rooms & Floor Plans

  • Bedroom: 10
  • Full Bath: 7

Interior & Utilities

  • Heat: Natural Gas, Baseboard, Hot Water
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $11,074
  • Maintenance: $1,800
  1. Presented by

    Netter Real Estate

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