Exceptional Investment Opportunity – Fully Renovated 4-Family Corner Building in Yonkers
Don't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout:
(1) One-Bedroom Apartment – $1,400/month
(1) Three-Bedroom Apartment – $2,700/month
(2) Four-Bedroom Apartments – $2,400 and $3,000/month
Each unit includes 1 full bathroom
Additional Income Streams:
Storefront (currently used as storage): $800/month
Two Large 3-Car Garages (used as warehouse): $500/month each
Financial Highlights:
Total Gross Annual Income: $135,600 with upside potential
Low Property Taxes: Only $15,633 for 2024
Utilities: Tenants pay for their own heat and gas, minimizing owner expenses
Property Highlights:
Fully renovated in 2018
Well-maintained throughout
Strong rental income and high demand in the area
Opportunities like this are hard to come by in today’s market—ideal for investors seeking reliable cash flow with minimal overhead.
For sale
Price cut: $41K (8/4)
$1,249,000
17 Chestnut Street, Yonkers, NY 10701
12beds
6,078sqft
Quadruplex, Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Corner building
- 76 days
- on Zillow |
- 313 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 09:11am
Listing by:
Realmart Realty LLC 888-362-6543,
Shuai Zheng 888-362-6543
Source: OneKey® MLS,MLS#: 866153

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiant
Cooling
- Wall/Window Unit(s)
Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Interior area
- Total structure area: 6,078
- Total interior livable area: 6,078 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Lot
- Size: 4,792 Square Feet
Details
- Parcel number: 1800001000004720000041
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1925
Utilities & green energy
- Gas: Separate Gas Meters: 4
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Yonkers
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $10,000
- Annual tax amount: $15,633
- Date on market: 5/22/2025
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
- Loading
- Loading