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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.
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
Monthly Cost Estimate
$5,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
17 Lockwood Avenue
Yonkers, NY 10701
Features & Amenities
Interior Features
Property Details
Construction
Pool Features
Parking
Heating
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.








