288 Woodworth Ave - Apartments FOR SALE


Yonkers, NY 10701- Getty Square
$2,500,000 USD
347-707-3743
288 Woodworth Ave, Yonkers, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/14
null | 6.77% Cap Rate

288 Woodworth Ave
Yonkers, NY 10701
Getty Square


HIGHLIGHTS

  • Fully Renovated Free Market

OVERVIEW

288 Woodworth Avenue – Fully Renovated 7-Unit Free Market Building in Prime Yonkers Location Rare opportunity to own a legal free-market 7-unit property with no rent stabilization restrictions – offering true flexibility and strong income potential. This building has been gut-renovated from top to bottom: all new boilers, plumbing, electrical, gas lines, foam insulation, sheetrock, custom kitchens, tiled bathrooms, siding, roof, and more. Each of the seven apartments has been completely rebuilt with modern finishes, making this a turnkey investment with minimal maintenance needs for years to come. The property is located in the heart of a rapidly transforming area of Yonkers, just steps from major Hudson River development projects. Surrounding the property are brand-new luxury apartment buildings, mixed-use developments, and cultural anchors such as Lionsgate Studio. This surge of investment and revitalization makes 288 Woodworth Avenue ideally positioned to benefit from Yonkers’ continued growth. Whether you’re an investor seeking stable, high-yield returns or looking to expand your portfolio in a booming market, this property checks all the boxes

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$816 USD /SF

# OF UNITS

7

PRICE/UNIT

$357,143

CAP RATE

6.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

A-APTS

APN/PARCEL ID

1800-002-000-02117-000-0043

ASK ABOUT THIS PROPERTY

Avi YosopovYoso PropertiesMore Info
347-707-3743

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Avi YosopovYoso PropertiesMore Info
347-707-3743

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