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Investment Highlights

  • Seven (7) residential units
  • Stable cash flow opportunity
  • $1,531 Average Rent

Executive Summary

The subject property is located at 118 Oliver Ave, Yonkers, NY 10701, in a well-established residential neighborhood with convenient access to major thoroughfares and public transportation. The property consists of a seven-unit multifamily building totaling approximately 3,366 square feet, offering a stable residential layout suited for long-term rental income. Positioned within a growing Yonkers submarket benefiting from continued demand and proximity to New York City, this asset presents a compelling opportunity for both investors seeking steady cash flow and operators looking to capitalize on value-add potential.

Property Facts

Price $1,432,452 CAD
Price Per Unit $204,636 CAD
Sale Type Investment
Cap Rate 7.68%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 3,582 SF
Average Occupancy 100%
No. Stories 3
Year Built 1927
Zoning M

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - -
1+1 4 - -
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1800-001-000-00440-000-0010
Land Assessment
$1,233 CAD
Improvements Assessment
$16,856 CAD
Total Assessment
$18,089 CAD
  • Listing ID: 40193442

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 118 Oliver Ave, Yonkers, NY 10701

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