85 Tibbetts RdYonkers, NY 10705

For Sale
$1,850,000

Four apartments, three stores, high potential!

Overview

Added:
Feb 3
Days on market:
39
This exceptional Yonkers, NY property presents a rare investment opportunity. The well-maintained brick building boasts 6,812 square feet on a 0.25-acre lot, strategically located just 30 minutes from Manhattan. Its prime location offers easy access to major highways, shopping centers, and schools, ensuring high tenant demand. The building comprises four residential apartments, each featuring two bedrooms, and three retail storefronts. All units are currently occupied by long-term tenants on month-to-month agreements, providing immediate cash flow. The apartments are in excellent condition, promising consistent rental income. The three storefronts offer significant potential for increased revenue through lease renegotiation or redevelopment. This property is ideal for an investor seeking a stable, high-return investment with substantial upside potential. The existing tenants have a history of good standing, minimizing vacancy risks. The combination of residential and commercial units creates a diversified income stream, mitigating potential market fluctuations. This is a turnkey opportunity to acquire a well-positioned, income-generating asset in a thriving area. Don't miss this chance to secure a valuable piece of Yonkers real estate.

Property Details for 85 Tibbetts Rd

Property type
Other commercial real estate
Square Feet
6,812 SF
Year Built
1967
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Yonkers
County
Westchester County
State
New York
Latitude
40.91053
Longitude
-73.88342
85 Tibbetts Rd, Yonkers, New York

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85 Tibbetts Rd
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