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33353365
33353364

11 Landscape Avenue, Yonkers, NY 10705

MS
NY 49sa0997567
Maximo Properties LLC
Listed by Maximo Properties LLC
$1,145,000
1 day on market
Updated 0 days ago

11 Landscape Avenue

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,800
Cap Rate 6.11%
NOI $70,000
Occupancy 100%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 6.99%
Pro-Forma NOI $80,000
Price per SqFt $301
Year Built 1900
Year Renovated 2012
Stories 3
Acreage 0.240
Zoning Two-family
Parking Spaces spaces
Investment Type Owner/User

Income-Producing Two-Family Opportunity on a Double Lot

Marketing description

Rare opportunity to acquire a legal two-family property situated on a double lot in Yonkers. This expansive home offers approximately 8 bedrooms and 5 bathrooms and provides exceptional flexibility for both investors and owner-occupants.

The current layout lends itself to a duplex-style configuration, with the ground floor and walk-out basement functioning as one spacious unit and the second floor and attic level forming a second large unit. This setup creates the potential for two oversized residences rarely found in today's market.

Whether you're looking for a property to generate income, accommodate extended family living, or build long-term equity, 11 Landscape Ave delivers outstanding value. The walk-out basement, generous living areas, private outdoor space, and oversized double lot make this a unique offering in a high-demand Yonkers location.

Conveniently located near shopping, schools, public transportation, Metro-North, and major highways, this property combines size, flexibility, and investment potential.

Investment highlights

Legal Two-Family Property with flexible duplex-style layouts

✔ 8 Bedrooms / 5 Bathrooms providing strong rental and occupancy potential

✔ Rare Double Lot offering additional outdoor space and future possibilities

✔ Potential Duplex Configuration

Unit 1: Ground Floor + Walk-Out Basement (4 BR / 3 BA)

Unit 2: Second Floor + Attic (4 BR / 2 BA)

✔ Walk-Out Basement with private access and functional living space

✔ Ideal for Owner-Occupants seeking rental income to offset housing costs

✔ Multi-Generational Living Opportunity with separate living areas

✔ Value-Add Potential through modernization and rent optimization

✔ High-Demand Yonkers Location close to transportation, shopping, schools, and major highways

✔ Strong Income-Producing Potential for investors seeking cash flow and long-term appreciation

✔ Large Building Footprint rarely available in the Yonkers market

✔ Convenient Commute to NYC via Metro-North, buses, and major parkways

A unique opportunity to acquire a large two-family property with the feel and functionality of a much larger income-producing asset.

Listing Contacts

MS
NY 49sa0997567
Maximo Properties LLC
Listed by Maximo Properties LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,000.00
$5,833.33/mo

Valuation Metrics

0
DSCR
6.11%
Cap Rate
6.11%
ROI

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Additional Information

Name
Maximilian Sanchez
License
49sa0997567
Brokerage
Maximo Properties
Brokerage Phone
9174053775
Title
Real estate Broker
Brokerage Address
103 Hillcrest Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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