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About This Home

This 4-bedroom, 3-bathroom residential multi family at 17 Lockwood Avenue in Yonkers, NY is listed for $949,000. Built in 1969, on a 0.05 acres lot.

Agent Description

Prime mixed-use investment opportunity in the heart of Yonkers! Located on a highly visible corner lot, this versatile property offers strong income potential with a fully operational retail storefront, residential units, and additional garage income streams.

The ground level retail space, currently operating as a nail salon, benefits from excellent street exposure, steady foot traffic, and prominent signage visibility, ideal for owner-users or investors seeking a stable commercial tenant, currently rented at $1,850.

Above and alongside the commercial space are well-laid-out residential units, including a 1-bedroom apartment renting for $1,850/month and a spacious 3-bedroom apartment generating $2,850/month, providing consistent rental income. Additional value is found in the three garage spaces, each rented at $200/month, creating supplemental cash flow and added tenant convenience.

The property features a separate entrance for residential access, enhancing privacy and flexibility for multi-use functionality. With approximately 2,800 sq ft of building space, this asset is perfect for investors looking to maximize returns or owner-operators seeking to live and work in one location. Conveniently situated near major roadways, public transportation, and local amenities, this is a rare opportunity to own a high-performing mixed-use property in a growing Yonkers market.

Key Features

  • Built in 1969
  • 0.05 acre lot
  • 3 parking spaces

Property Details

3 full
3 spaces
1969

Monthly Cost Estimate

$5,075/mo

20% down · 6.5% · 30 years

Principal$686
Interest$4,112
Insurance$277

Estimates only. Actual payments may vary.

Location

17 Lockwood Avenue

Yonkers, NY 10701

Features & Amenities

Interior Features

Eat-in KitchenOpen FloorplanStorage

Property Details

Construction

Frame

Pool Features

Porch

Parking

GarageOn Street

Heating

OilBaseboard

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 17 Lockwood Avenue is listed at $949,000. The estimated monthly payment is $4,112 based on 20% down at 6.5% interest.

Key features include: Built in 1969, 0.05 acre lot, 3 parking spaces. Interior Features: Eat-in Kitchen, Open Floorplan, Storage.

This property is listed by Michael Vasquez and can be reached at 9144832883 or mike.vasquez@exprealty.com.

MV

Michael Vasquez

Agent at eXp Realty

(914) 483-2883

Listed by eXp Realty · View on Broker Site

MLS# 995442· Source: listhub· Updated 33 days ago

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17 Lockwood Avenue, Yonkers, NY 10701

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