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20 Locust Hill Avenue, Yonkers, NY 10701

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Listing Type
Commercial/Industrial
Listing Status
active
40
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$1,600,000

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Home Details for 20 Locust Hill Avenue
Price
$1,600,000
Type
Commercial/Industrial
Year Build
1910
Lot Size
0.18
County
Westchester
Basement
Partially Finished
Tax
$21,260
MLS®️ Listing#
865661
On exitrealty.com
173 days
Property 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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School Information

School Information for 20 Locust Hill Avenue

Elementary School
Yonkers
Middle School
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High School
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Listing Courtesy: Berkshire Hathaway HS NY Prop - 914-723-5225. Presented by: Anne Marie Nascimento
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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EXIT REALTY PRIVATE CLIENT
2000 Williamsbridge Rd, Bronx, NY 10461
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$1,600,000

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EXIT REALTY PRIVATE CLIENT
2000 Williamsbridge Rd, Bronx, NY 10461
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