251 Valentine Lane, Yonkers, NY 10705
Local realty services provided by:ERA Caputo Realty
251 Valentine Lane,Yonkers, NY 10705
$1,350,000
- 8 Beds
- 4 Baths
- 3,234 sq. ft.
- Multi-family
- Active
Listed by: crystal hawkins syska, marco vasile
Office: keller williams ny realty
MLS#:949827
Source:OneKey MLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$417.44
About this home
251 Valentine Lane presents a compelling opportunity to acquire a 4-family multifamily investment property in a centrally located Yonkers neighborhood supported by consistent rental demand and long-term appreciation fundamentals. This asset is well suited for buy-and-hold investors, portfolio expansion, 1031 exchange buyers, or owner-occupant investors seeking durable income in Westchester County.
The property consists of four income-producing residential units, offering diversified rental streams that help reduce vacancy exposure and enhance income stability compared to smaller residential investments. Multifamily properties of this size remain highly attractive due to operational efficiencies, favorable financing options, and their proven ability to perform across varying market cycles.
A key value driver is off-street parking, a premium amenity in Yonkers that continues to support strong tenant demand and long-term retention. In urban and near-urban rental markets, parking availability remains a meaningful differentiator that can improve leasing velocity, reduce turnover, and support higher effective rents over time.
The property’s central Yonkers location provides convenient access to major roadways, public transportation, employment centers, retail corridors, and essential services. This accessibility supports a broad and stable tenant base. Yonkers continues to benefit from its proximity to New York City while offering relative affordability within Westchester County, contributing to sustained rental demand and long-term investment appeal.
From an investment perspective, 251 Valentine Lane offers multiple strategic pathways. Investors may pursue a traditional buy-and-hold strategy, capturing steady rental income while benefiting from appreciation in a supply-constrained market. The asset may also present value-add potential through selective unit improvements, operational efficiencies, or rent optimization over time, subject to existing leases and property condition.
Importantly, the 4-unit configuration also makes this property highly attractive to owner-occupant investors. Buyers have the opportunity to reside in one unit while generating rental income from the remaining apartments, effectively offsetting housing costs while building equity. This strategy continues to be popular among investors seeking both lifestyle flexibility and long-term wealth creation. The ability to appeal to owner-occupants also enhances future marketability and liquidity upon resale.
Westchester County multifamily assets remain in high demand among both local and out-of-area investors due to limited inventory, stable tenant demand, and historically strong market performance. Yonkers, in particular, continues to draw interest as a gateway market offering accessibility, scale, and long-term growth potential....
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Home facts
- Year built:1900
- Listing ID #:949827
- Added:100 day(s) ago
- Updated:May 03, 2026 at 10:43 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
- Basement Description:Full
- Living area:3,234 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiant
Structure and exterior
- Year built:1900
- Building area:3,234 sq. ft.
- Lot area:0.18 Acres
- Architectural Style:Colonial
- Construction Materials:Brick
Schools
- High school:Yonkers High School
- Middle school:Yonkers Middle School
- Elementary school:Yonkers Early Childhood Academy
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$417.44
- Tax amount:$20,003 (2025)
Features and amenities
- Amenities:Storage
Parking
- Parking description:Garage
- Garage:Yes
- Garage spaces:1
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