208 Tompkins Road, Yonkers, NY 10703

$1,499,999

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List Price
$1,499,999
Days on Market
2
MLS#
1049883
Status
ACTIVE
Property Type
Multi Family
Year Built
1911
Property Tax
$16,500
Neighborhood
Yonkers
School District
Yonkers
High School
Yonkers (School Choice)
Jr. High
Yonkers (School Choice)
Elementary School
Yonkers (School Choice)

Property Description

208 Tompkins Road in Yonkers, NY is an exceptional 5-family income-producing investment property offering strong cash flow, a 7% cap rate, $114,600 in annual rental income, and $90,000 in net operating income. Set on an oversized double lot in Westchester County, this multi-family asset features five fully occupied units, private driveway parking, and long-term upside potential. The property includes two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, plus a renovated finished walk-out basement that adds flexible recreational or bonus space. Built in 1911 with approximately 4,896 square feet of building area, the property offers wood flooring, natural gas heat, public water and sewer, and separate electric and gas meters. Exterior highlights include a brick and stucco building, landscaped front and back yards, private outdoor space, and a convenient location near public transportation. With zero vacancies, in-place income, and a valuable double lot, 208 Tompkins Road presents a rare opportunity for investors seeking immediate returns, long-term appreciation, and a strong addition to their real estate portfolio.

Additional Information

Acres
0.22
Parking
Driveway
Basement
Finished, Walk-Out Access
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mirsada Muratovic (mirsadaremax@gmail.com) from Listing Office: RE/MAX Distinguished Hms.&Prop.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.