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New York Homes for SaleKatonah Office 914-232-5121

17 Chestnut Street, Yonkers, NY 10701

$1,249,000.00
  • 17 Chestnut Street, Yonkers, NY 10701 Main Photo

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New to the Market Active Price Reduced by 999 on April 2nd, 2026
MLS#980060
STATUSActive PROPERTY TYPECommercial - SCHOOLYonkers

Property Description

Exceptional Investment Opportunity - Fully Renovated 4-Family Corner Building in YonkersDon't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout:(1) One-Bedroom Apartment - $1,400/month(1) Three-Bedroom Apartment - $2,700/month(2) Four-Bedroom Apartments - $2,400 and $3,000/monthEach unit includes 1 full bathroomAdditional Income Streams:Storefront (currently used as storage): $800/monthTwo Large 3-Car Garages (used as warehouse): $500/month eachFinancial Highlights:Total Gross Annual Income: $135,600 with upside potentialLow Property Taxes: Only $15,633 for 2024Utilities: Tenants pay for their own heat and gas, minimizing owner expensesProperty Highlights:Fully renovated in 2018Well-maintained throughoutStrong rental income and high demand in the areaOpportunities like this are hard to come by in today's market-ideal for investors seeking reliable cash flow with minimal overhead.

Property Features

Property Type: Commercial -
Basement: Finished, Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Days on Market: 3
Heating: Radiant
Lot Size: 0.11 Acres
Taxes: $15,633
Year Built: 1925

Feature Descriptions

Building Area Total: 6078
Exterior: Vinyl Siding
Heating Zones: 4
Lot Dimensions: 0
On Market Date: 2026-04-02
Parcel Number: 1800-001-000-00472-000-0041
Parking Features: Detached, Driveway, Garage, Parking Lot
Rental Term: Monthly
Separate Gas Meters: 4
Sewer: Public Sewer
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

School District: Yonkers

Listed By / Shown By

Listing By

Agency Name: Realmart Realty LLC
Agency Phone: 888-362-6543

Shown By

Agency Title: Billingsley Realty, Inc.
Agency Phone: 914-232-5121

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