191 Park Ave - Apartments FOR SALE


Yonkers, NY 10703- Getty Square
$10,999,999 USD
917-828-2417
191 Park Ave, Yonkers, NY for Sale
$10,999,999 USD
Apartments - FOR SALE
1/40
null | 4% Cap Rate

191 Park Ave
Yonkers, NY 10703
Getty Square


OVERVIEW

191 Park Ave in Yonkers, NY is a well-positioned 37-unit multifamily asset offering a rare combination of scale, income diversity, and operational efficiency in one of Westchester County’s strongest rental markets. The property features 37 residential units complemented by 20 on-site parking spaces and an additional 32 garages, creating multiple revenue streams beyond rental income. Tenants benefit from on-site laundry facilities, further enhancing convenience and supplemental income for ownership. All units are separately metered, significantly reducing landlord expenses and improving overall efficiency from an electrical standpoint. Located in a high-demand commuter market with close proximity to NYC, retail, and local amenities, the property consistently attracts a stable tenant base. With strong in place income and clear upside potential through rent growth and stabilization, 191 Park Ave presents an exceptional opportunity for investors seeking both immediate cash flow and long-term appreciation in a supply-constrained, high-demand submarket.

FOR SALE DETAILS

PRICE

$10,999,999 USD

PRICE/SF

$534 USD /SF

# OF UNITS

37

PRICE/UNIT

$297,297

CAP RATE

4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

MG

APN/PARCEL ID

1800-002-000-02160-000-0045

ASK ABOUT THIS PROPERTY

Ross BucoloAurum Standard Realty CorpMore Info
917-828-2417

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Ross BucoloAurum Standard Realty CorpMore Info
917-828-2417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.