Buy with Yoreevo
$1,572,000
List Price: $1,600,000
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20 Locust Hill Avenue
House in Yonkers •  building info
studio • 7,841ft² $204 per ft²
Buy with Yoreevo

$1,572,000

List Price

$1,600,000

Key Details
Days on market
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Last price change
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Estimated payment
$10,638/mo
Taxes
$1,772/mo
Maintenance
N/A
Description
Calling all investors...rare opportunity to own a solid brick 9 family-income producing building in the heart of Yonkers' - Hollywood on the Hudson and Downtown Revitalization Initiative. Located just .5 miles from Metro North, the new waterfront renaissance area and Lion's Gate Hollywood Studios, this property presents a potential profitable investment to park your money in. Nine spacious 3 bedroom ,1 bath units with a large walkout basement and ample rear yard. Each unit has an eat-in kitchen, living room, dining space, 3 bedrooms, den (4th bedroom), bathroom and ample closets. The building is currently rent stabilized with a yearly income of $151,000 (increases - not reflected here - will take effect June 2025) and is fully occupied by long term tenants. Walk out lower level consists of the 9th unit, utility room, work room and storage. Gas heat. Tenants pay for cooking gas and electricity. Building is being sold "AS-IS". Walk to Getty Square and centrally located to bus, train, shopping centers, major parkways and 28 minutes to Manhattan. Get in before the Revitalization Initiative is complete and these great investment opportunities are no longer available. Won't last.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,600,000
Asking Price: $1,600,000
Term
30 Years
Down Payment
$160,000 (10%)
Min: 10% (160,000)
Rate
6.25 %
Mortgage Amount
$1,440,000
Mortgage Payment
$8,866
Taxes
$1,772
Estimated Yoreevo rebate
$28,000
Estimated closing cost
$57,000
Total monthly cost $10,638
Buy your dream home with us and get an estimated $28,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Berkshire Hathaway HS NY Prop

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