Multi Family 5+ in Westchester County
MLS Number | 910780 |
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Address | 127-131 Highland Ave Avenue, Yonkers, NY 10705 show map |
Price | $2,900,000 show mortgage calculator |
Acres | 0.030004591368228 |
Year Built | 1926 |
Est. Sq. Footage | 0 |
Elementary School | |
Jr High-Middle School | |
High School | |
Estimated Taxes | $16,183 |
Total Apt Units | 8 |
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.

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