This classic multi-family property capitalizes on the strong rental demand of Downtown Yonkers, delivering a steady cash-flow environment with highly sought-after functional layouts. The property stands out for its high walkability index, separate tenant-paid utilities, and immediate proximity to Manhattan-bound commuter lines, ensuring historically low vacancy rates and long-term asset appreciation.
The interior distribution relies on highly efficient designs that maximize usable livable square footage, presenting versatile configurations suitable for a wide demographic of modern renters. Because individual units boast separate, fully updated modern mechanical infrastructure where tenants cover their own primary utility expenses (heat and hot water), operating overhead for ownership remains exceptionally lean. Nestled in a neighborhood undergoing rapid economic revitalization near the scenic Hudson River waterfront district, this building represents a secure, high-yield foundational asset for any real estate portfolio.