775 Nepperhan Avenue, Yonkers, NY 10710

NuRealty Advisors is pleased to present 775 Nepperhan Avenue, a Free-Market mixed-use investment opportunity in Yonkers, NY, offered at $1,035,000. The property features three residential apartments (one 1-bedroom and two 3-bedrooms), an owner-operated laundry room, and two ground-floor commercial units anchored by a long-standing diner with over 20 years of operating history. The second commercial unit is currently vacant and actively listed for rent, providing immediate income upside for the next owner.

All residential tenants are on month-to-month leases, allowing a new owner to capture significant rental upside from day one. Current gross income of $104,833 is well below the market rent of $153,433; representing nearly $50,000 of in-place rental upside, or approximately 47% income growth at market. With all tenants paying their own utilities and a tenured commercial anchor, the asset offers the rare combination of stability and value-add execution.