Buy with Yoreevo
$2,529,937
List Price: $2,575,000
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28-32 Van Cortlandt Park Avenue
House in Yonkers •  building info
studio • 6,970ft² $369 per ft²
Buy with Yoreevo

$2,529,937

List Price

$2,575,000

Key Details
Days on market
3
Last price change
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Estimated payment
$14,539/mo
Taxes
$270/mo
Maintenance
N/A
Description
7-Unit Income Property + Development Lot | Garage & Parking Income | Yonkers, NY Rare opportunity to acquire a 7-unit multifamily building with an additional buildable lot, both sold together, in a prime Yonkers location near Van Cortlandt Park. 28–32 Van Cortlandt Park Ave offers scale, income, and future upside in one package. The property features seven large residential units, including a bonus superintendent unit—ideal for a handyman, live-in super, or value-add conversion. Units are spacious and well-laid-out, appealing to long-term tenants and strong rental demand. Three-car garage plus additional parking provide separate income potential, a major value driver in this high-density area. The sale includes a separate adjacent lot measuring an additional 3,485 sq ft, bringing total lot size to approx. 6,970 sq ft. This extra lot significantly enhances the property’s long-term value, offering potential for future development, expansion, outdoor amenities, or resale upside (buyer to verify with municipality). Properties with this level of land flexibility are extremely rare in Yonkers. Key Highlights: 7 large residential units Bonus superintendent/handyman unit 3-car garage + parking income Separate adjacent lot included (3,485 sq ft) Total combined lot size approx. 6,970 sq ft Strong rental demand location near Van Cortlandt Park Building and lot sold together – no separation This is a high-upside multifamily investment offering immediate income, parking revenue, and long-term development potential—perfect for investors looking to scale their portfolio with a value-add component.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,575,000
Asking Price: $2,575,000
Term
30 Years
Down Payment
$257,000 (10%)
Min: 10% (257,000)
Rate
6.25 %
Mortgage Amount
$2,317,500
Mortgage Payment
$14,269
Taxes
$270
Estimated Yoreevo rebate
$45,063
Estimated closing cost
$94,000
Total monthly cost $14,539
Buy your dream home with us and get an estimated $45,063 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.