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MLS#997779
STATUSActive
PROPERTY TYPECommercial -
SCHOOLYonkers
Property Description
Rare opportunity to acquire a 37-unit multifamily investment property in the heart of Yonkers, offering strong income potential with long-term upside. This well-maintained asset features separate utilities throughout, 20 parking spaces, 32 garages, and additional laundry income, creating multiple revenue streams for investors. Ideally located just minutes from public transportation, Metro-North trains, major highways, shopping, restaurants, schools, and local conveniences, making it highly attractive to tenants. With solid rental demand in the area and value-add potential, this property presents an exceptional opportunity for both seasoned and portfolio-expanding investors.
Property Features
Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Hot Water, Natural Gas
Lot Size: 0.87 Acres
Taxes: $175,332
Year Built: 1970
Feature Descriptions
Accessibility: Accessible Common Area, Accessible Stairway
Appliances: Dryer, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer
Building Area Total: 25040
Building Features: Laundry
Business Type: Residential
Cap Rate: 6
Days on Site: 52
Exterior: Brick, Stucco
Flooring: Wood
Heating Units: 1
Lot Features: Front Yard, Near Public Transit, Near School, Near Shops
On Market Date: 2026-05-11
Other Structures: Garage(s)
Parcel Number: 1800-002-000-02160-000-0045
Parking Features: Assigned, Parking Lot, Private
Parking Total: 51
Rental Term: Monthly
Separate Electric Meters: 37
Sewer: Public Sewer
Special View Info: City, Skyline
Tenant Pays: All Utilities
Units: 37
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Private, Water Available
Water: Public
Local Schools
School District: Yonkers
Listed By / Shown By
Listing By
Agency Name: Aurum Standard Realty Corp
Agency Phone: 914-614-8827
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
TOUR PROPERTY
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/03/2026. The listing information on this page last changed on 07/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/03/2026 12:00:16 AM EST) or NJMLS/ IDX (last updated Thu 07/02/2026 11:23:56 PM EST) or OneKey MLS (last updated Thu 07/02/2026 11:53:36 PM EST) or REBNY MLS (last updated Thu 07/02/2026 9:21:55 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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191 Park Avenue | MLS# 997779
This commercial property located at 191 Park Avenue, Yonkers, NY 10703 is currently listed for sale with an asking price of $7,999,999. Park Avenue is located within the Yonkers school district. Search Yonkers real estate on www.joycerealty.com today.