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!
Sold for $1,070,000 on 02/03/25
$1,070,000
54 Ravine Avenue, Yonkers, NY 10701
10beds
3,186sqft
Quadruplex, Townhouse
Built in 1942
2,178 Square Feet Lot
$1,112,200 Zestimate®
$336/sqft
$5,184 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 03, 2025 at 03:33pm
Listed by:
Carmen Vega 917-848-8018,
Keller Williams Realty Group 914-713-3270
Bought with:
Yumairy S. Beltre, 10401340104
Keller Williams Realty Partner
Source: OneKey® MLS,MLS#: H6330371

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Natural Gas, Baseboard, Hot Water
Cooling
- Wall/Window Unit(s)
Interior area
- Total structure area: 3,186
- Total interior livable area: 3,186 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 2,178 sqft
- Features: Near Public Transit, Near School, Views
Details
- Parcel number: 1800002000021150000004
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subtype: Quadruplex, Townhouse
Materials
- Brick, Vinyl Siding
Condition
- Year built: 1942
- Major remodel year: 2014
Utilities & green energy
- Gas: Separate Gas Meters: 4
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & neighborhood
Location
- Region: Yonkers
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Services availability
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Estimated market value
$1,112,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,112,200