54 Ravine Avenue
Yonkers, NY 10701
- 10 beds
- 7 baths
- – sqft
- 2,178 sqft lot
- 1942 build
- – on site
Unbelievable deal in the heart of Prime Downtown Yonkers! 8 min walk to the Metro North! This 4-family, income-producing property offers a unique layout with (2) 2-bedroom apartments (one featuring 2 full bathrooms and backyard access) and (2) 3-bedroom apartments, each with 2 full bathrooms. The top-floor apartment boasts breathtaking river views. The property generates a gross income of $100,200 annually, with potential for more, with a Cap Rate of 8.9%. The property is well maintained and all other units are similar to the vacant unit shown in the pictures. This is truly unheard of in today's market! Each tenant covers their own heating and gas, keeping expenses extra low. Enjoy Yonkers Waterfront, easy access to transportation, shopping, dining, parks, museums, and more. This property offers both an outstanding investment and the potential for owner occupancy—don’t miss your chance to seize this incredible opportunity!
Last checked:
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Last updated Jan 30, 2025
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MLS# H6330371 —
The Building
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Year Built:1942
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Basement:false
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Architectural Style:Contemporary, Townhouse
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Construction Materials:Brick, Vinyl Siding
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# of Total Units:4
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Year Built Effective:2014
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Total Vacancies:1
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Building Area Total:3186
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Building Area Source:Public Records
Financial & Terms
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Tenant Pays:All Utilities, Electricity, Gas, Heat
The Property
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Fencing:Fenced
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Lot Features:Near Public Transit, Near School, Views
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Lot Size Area:0.05
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Lot Size Acres:0.05
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Parcel Number:1800-002-000-02115-000-0004
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Size SqFt:2,178 Sqft
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Property Attached:false
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Sprinkler System:No
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Additional Parcels:No
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Waterfront:false
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Water Access:Yes
Listing Agent
- Contact info:
- Agent phone:
- (917) 848-8018
- Office phone:
- (914) 713-3270
Taxes
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Tax Year:2024
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Tax Source:Municipality
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Tax Annual Amount:11074
Beds
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Total Bedrooms:10
Baths
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Full Baths:7
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Total Baths:7
Heating & Cooling
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Heating:Natural Gas, Baseboard, Hot Water
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Cooling:Wall/Window Unit(s)
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# of Heat Units:4
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# of Heating Zones:4
Utilities
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Sewer:Public Sewer
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Utilities:Trash Collection Public
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Water Source:Public
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Electric Company:Con Edison
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Water Sewer Expense:3500
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# of Separate Gas Meters:4
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# of Separate Electric Meters:4
Schools
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High School:Yonkers High School
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Elementary School:Yonkers Early Childhood Academy
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High School District:Yonkers
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Middle School:Yonkers Middle School
The Community
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Association:false
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Seasonal:No
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Senior Community:false
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Additional Fees:No
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Maintenance Expense:1800
Parking
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Parking Features:On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/16/24
Nov 16, 2024
|
Pending | ONEKEY | $899,000 | 627.7% (60.9% / YR) |
|
7/28/14
Jul 28, 2014
|
ONEKEY | $123,540 |
