REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,750,000
Est. payment /mo
Price Dropped by $150K
127-131 Highland Ave AVE Yonkers, NY 10705
1,306 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 910780
Rental Info No
Year Built 1926
Annual Tax Amount $16,183
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type Multi Family
Source onekey2
Property Description
127–131 Highland Avenue – Fully Renovated Free-Market 8-Unit with Bonus Land
This all-brick, turnkey property is a rare investment opportunity offering 7 apartments plus a retail store — all fully renovated and stabilized with long-term tenants in place. Each unit features separate boilers and utilities, meaning tenants cover their own expenses while the landlord is only responsible for water.
Although the building presents as a single structure, it is legally configured as three separate properties (a two-family, a three-family, and a mixed-use two-family with store) — each with its own deed and tax lot.
Adding further value, the sale includes a bonus parcel of land at 114 Stanley Avenue, currently used by tenants as a private outdoor space. This parcel offers future development potential or continued use as a yard.
With its solid brick construction, full renovations, and prime free-market status, 127–131 Highland Avenue offers both immediate cash flow and long-term upside in one of Yonkers' most sought-after investment corridors.
This all-brick, turnkey property is a rare investment opportunity offering 7 apartments plus a retail store — all fully renovated and stabilized with long-term tenants in place. Each unit features separate boilers and utilities, meaning tenants cover their own expenses while the landlord is only responsible for water.
Although the building presents as a single structure, it is legally configured as three separate properties (a two-family, a three-family, and a mixed-use two-family with store) — each with its own deed and tax lot.
Adding further value, the sale includes a bonus parcel of land at 114 Stanley Avenue, currently used by tenants as a private outdoor space. This parcel offers future development potential or continued use as a yard.
With its solid brick construction, full renovations, and prime free-market status, 127–131 Highland Avenue offers both immediate cash flow and long-term upside in one of Yonkers' most sought-after investment corridors.
Location
State NY
County Westchester County
Interior
Heating Baseboard
Cooling Varies by Unit
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Winzone Realty Inc • Alon A. Yosopov
GET MORE INFORMATION
