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Multi Family 5+ in Westchester County
MLS Number910780
Address127-131 Highland Ave Avenue, Yonkers, NY 10705 show map
Price$2,900,000 show mortgage calculator
Acres0.030004591368228
Year Built1926
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$16,183
Total Apt Units8
Remarks

127–131 Highland Avenue – Fully Renovated Free-Market 8-Unit with Bonus Land This all-brick, turnkey property is a rare investment opportunity offering 7 apartments plus a retail store — all fully renovated and stabilized with long-term tenants in place. Each unit features separate boilers and utilities, meaning tenants cover their own expenses while the landlord is only responsible for water. Although the building presents as a single structure, it is legally configured as three separate properties (a two-family, a three-family, and a mixed-use two-family with store) — each with its own deed and tax lot. Adding further value, the sale includes a bonus parcel of land at 114 Stanley Avenue, currently used by tenants as a private outdoor space. This parcel offers future development potential or continued use as a yard. With its solid brick construction, full renovations, and prime free-market status, 127–131 Highland Avenue offers both immediate cash flow and long-term upside in one of Yonkers’ most sought-after investment corridors.

Amenities

This listing is Courtesy of Winzone Realty Inc (347-707-3743).

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