Multi Family Investment Properties for Sale in Yonkers, NY
Listed for sale 2 days ago
$ 850,000
ROI
20.2
Cash Flow/m
24- 7 Bed
- 3 Bath
- 2388 sft
204 Voss Avenue, Yonkers, NY, 10703
Motivated Seller
$ 593,000
ROI
21.6Cash Flow/m
245- 3 Bed
- 2 Bath
- 1440 sft
54 Gordon St, Yonkers, NY, 10701
Rental Income
$ 739,999
ROI
23.8Cash Flow/m
758- 4 Bed
- 3 Bath
- 1982 sft
187 Woodland Avenue, Yonkers, NY, 10703
$ 828,000
ROI
27.4Cash Flow/m
1671- 4 Bed
- 3 Bath
- 2160 sft
246 Hoover Road, Yonkers, NY, 10710
Why Invest in Yonkers, New York?
Multi-family properties in Yonkers, NY, offer strong investment potential due to high demand from renters commuting to NYC. The city's proximity to Manhattan drives consistent occupancy and rental income. Recent developments and tax incentives from local agencies support multifamily growth. Investors benefit from solid appreciation rates around 5% annually. Cap rates hover at 6-7%, with average rents exceeding $2,500 per unit.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$28500/mo
Avg. Cash Flow
$2600/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Yonkers offers high rental demand from NYC commuters and strong appreciation. Tax incentives from YIDA reduce costs for developers. Proximity to transit supports reliable cash flow.
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