Buy with Yoreevo
$2,701,875
List Price: $2,750,000
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127-131 Highland Ave Avenue
House in Yonkers •  building info
studio • 1,307ft² $2,104 per ft²
Buy with Yoreevo

$2,701,875

List Price

$2,750,000

Key Details
Days on market
98
Last price change
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Estimated payment
$16,588/mo
Taxes
$1,349/mo
Maintenance
N/A
Description
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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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,750,000
Asking Price: $2,750,000
Term
30 Years
Down Payment
$275,000 (10%)
Min: 10% (275,000)
Rate
6.25 %
Mortgage Amount
$2,475,000
Mortgage Payment
$15,239
Taxes
$1,349
Estimated Yoreevo rebate
$48,125
Estimated closing cost
$100,000
Total monthly cost $16,588
Buy your dream home with us and get an estimated $48,125 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Winzone Realty Inc

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.