20 Locust Hill Ave

Yonkers, NY 10701
  • $1,600,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing BHHSWP - 19505

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.

Listing Highlights for 20 Locust Hill Ave

Status Active
Days on Site 95
Property Type Commercial Sale
MLS ® 865661
Year Built 1910
Total Square Footage 0
Lot/Acreage 0.18
School District Yonkers
Elementary School Yonkers
High School Contact Agent

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $21,260
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1800-002-000-02027-000-0074
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

20 Locust Hill Ave Yonkers, NY 10701

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: onekey2

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way