38 Lee Avenue, Yonkers, NY 10705
Westchester County
Key Facts
Description
Incredible investment opportunity awaits in the high-demand rental market of Yonkers! Located on Lee Avenue, this classic 2-unit residential property is a prime addition to any real estate portfolio. Capitalize on the strong rental demand of Westchester County's largest city, offering excellent potential for steady cash flow and long-term equity growth. The property features a welcoming front porch, a second-floor balcony, a spacious driveway, and a detached garage providing highly coveted off-street parking. Inside, you will find generous layouts featuring hardwood flooring, separate dining spaces, and bright living areas. This multi-family asset also includes a full basement, offering substantial potential for storage, utility space, or future optimization. Being sold strictly as-is, this property presents a fantastic canvas for investors looking to renovate, add value, and maximize market-rate rents. Bring your vision and unlock the immense potential of this asset. Schedule your viewing today!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Colonial
Year Built
1924
Living Area
2,088 sq ft
Lot Size
0.07 acres
Garage Spaces
2
Days on Market
45
MLS® Listing#
1005602
Property Features
Interior
Cooling
Heating
Flooring
Basement
Parking
Patio
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Yonkers (School Choice)
- Middle:
- Yonkers (School Choice)
- High:
- Yonkers (School Choice)
Financial Details
Annual Taxes
$11,580
Assessed Value
$10,108
Parcel Number
1800-006-000-06002-000-0057
Affordability Calculator
$149,800
Estimated monthly payment
$3,986/mo
Principal $599,200 · Est. interest $835,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Yonkers, NY
- $464,286
- Median Listing Price
- 44
- Median Days on Market
- 1,200
- Median Sq Ft
- $324
- Median Price / Sq Ft
- 305
- Active Listings
- This home’s price is 61% above the area median.
- Its price per sq ft is 11% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Yonkers, NY.
Location
- 38 Lee Avenue, Yonkers, NY 10705
Points of Interest in Yonkers, NY
Showing the Yonkers area map.
Nearby Schools
St Paul the Apostle School
School · 0.1 mi away
School 21
Elementary · 0.2 mi away
Stein Yeshiva of Lincoln Park
School · 0.6 mi away
School 13
School · 0.7 mi away
St. Mark's Lutheran School
School · 0.7 mi away
St. Barnabas Elementary School
Elementary · 0.9 mi away
Yonkers Montessori Academy
Elementary · 0.9 mi away
Mark Twain Middle School
Elementary · 0.9 mi away
PS 19 Judith K Weiss
Elementary · 0.9 mi away
Susan E Wagner Day School
Elementary · 1.1 mi away
Riverdale Montessori School
Elementary · 1.1 mi away
St Margaret of Cortona Church
School · 1.2 mi away
Riverdale Country School
Secondary · 1.2 mi away
Russian Mission School
School · 1.2 mi away
Saint John the Baptist
School · 1.3 mi away
Riverdale Neighborhood House
School · 1.3 mi away
Sar High School
Secondary · 1.3 mi away
Yonkers Middle High School
Secondary · 1.3 mi away
PS 81
Elementary · 1.4 mi away
P. S 016 Wakefield
Elementary · 1.4 mi away
Commute Calculator
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 27 Loudoun Street, Yonkers, NY | $650,000 | 4 | 2 | 2,510 |
| 105 Palisade Avenue, Yonkers, NY | $715,000 | 8 | 4 | 1,628 |
| 18 Porach Street, Yonkers, NY | $725,000 | 8 | 3 | 2,460 |
| 47 Villa Avenue, Yonkers, NY | $725,000 | 4 | 3 | 1,610 |
| 104 Lefferts Road, Yonkers, NY | $725,000 | 4 | 2 | 1,425 |
| 669 N Broadway, Yonkers, NY | $749,000 | 4 | 2 | 1,702 |
Moving Cost Estimate
EXIT Agents in Yonkers
Listing Courtesy: William Raveis Real Estate - 9147231331
Presented by: George Frangoulis
Fair Housing Notice