33 Saint Andrews Place, Yonkers, NY 10705
Local realty services provided by:Bon Anno Realty ERA Powered
33 Saint Andrews Place,Yonkers, NY 10705
$975,000
- 11 Beds
- 4 Baths
- 3,479 sq. ft.
- Multi-family
- Active
Listed by: elias batarseh
Office: real broker ny llc.
MLS#:1067410
Source:OneKey MLS
Price summary
- Price:$975,000
- Price per sq. ft.:$280.25
About this home
Investor Opportunity! Legal 3-Family with Walk-Out Basement in Yonkers!
Excellent opportunity to own a legal three-family property in Yonkers with strong rental income potential, recent improvements, and significant upside for investors. Featuring three spacious units, a walk-out basement with a separate entrance, a large lot, and an expansive driveway - this property offers multiple avenues to maximize immediate returns and build long-term equity.
The first-floor unit offers 4 bedrooms and 1 full bathroom, while the fully renovated second-floor unit features 4 bedrooms and 2 full bathrooms. The third-floor unit includes 3 bedrooms and 1 full bathroom. The 1st floor and 3rd floor units offer value-add potential and would benefit from some TLC, allowing an investor to renovate and increase rental income. All tenants are currently month-to-month except for the second-floor tenant (leased), offering flexibility for future management and repositioning.
Major improvements completed in 2024–2025 include 2nd floor renovations, cast iron pipe replacement, a new hot water heater, a new oil tank, and a new boiler. The property features four electric meters and three gas meters, along with an above-ground oil tank for heating.
Projected market rents are approximately $2,700+ per month for the first floor, $3,000+ for the second floor, and $2,500+ for the third floor, for a potential minimum gross rental income of $8,200 per month, or $98,400 annually. Based on stabilized operating performance just for 3 units, the property offers an estimated stabilized cap rate of 8.25%.
The large lot and expansive driveway provide further possibilities, including the potential to add a parking lot for tenants.
With an estimated after-repair value above $1,200,000, this property is an exceptional opportunity for investors seeking a value-add multifamily asset with strong income potential and long-term appreciation prospects in Yonkers. Bring your vision and unlock the full potential of this income-producing property!...
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Home facts
- Year built:1903
- Listing ID #:1067410
- Added:1 day(s) ago
- Updated:October 29, 2026 at 07:41 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:4
- Full bathrooms:4
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Full, Walk-Out Access
- Living area:3,479 sq. ft.
Heating and cooling
- Heating:Natural Gas, Oil
Structure and exterior
- Year built:1903
- Building area:3,479 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Frame
Schools
- High school:Yonkers (School Choice)
- Middle school:Yonkers (School Choice)
- Elementary school:Yonkers (School Choice)
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$975,000
- Price per sq. ft.:$280.25
- Tax amount:$13,040 (2026)
Parking
- Parking description:Driveway
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