USANYYonkers29 Saint Andrews Pl
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$1,649,000

For Sale

18 days ago

29 Saint Andrews Pl, Yonkers, NY

House

MLS® 977907

0 Bed

0 Bath

--

7 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Business Opportunity
Size -
Garage 
Taxes $8,700
Days Active 18
Lot Size 
Approx. Age 1899
MLS® Number 977907

Property Address: 29 Saint Andrews Pl, Yonkers, NY, 10705-3139

Average square foot calculated using Size range provided by listing agent.

Description

Located in Yonkers (10705) turnkey/ Non-ETPA Regulated 12-unit SRO/rooming house (LONG TERM TENANTS/NOT WEEKLY), offers investors a rare opportunity to acquire both the income-producing property and the established room-rental business. The property is fully operational and generates strong cash flow with upside potential. The building currently produces $168, 000 in gross annual income with low operating expenses of approximately $35, 500, resulting in a net operating income of $132, 500. At the current asking price, the investment delivers an approximately 8% cap rate. In addition to the real estate, the rooming house business is included in the sale, allowing the buyer to step into a fully functioning rental operation from day one. The property also benefits from zoning in Yonkers that permits short-term rentals, providing investors the option to increase revenue through platforms such as Airbnb or other short-term rental models. A 7-car driveway parking lot is included, providing additional convenience and value for tenants and guests. This is an excellent opportunity for investors seeking stable income, strong cash flow, and future upside through short-term rental conversion or rent optimization. Owner is Licensed Real Estate Agent.
MLS® Number977907
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1899
BasementFull, Storage Space, Walk-Out Access
DrivewayAssigned, Driveway, Off Street, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 29, 2026List Date
$1,649,000List Price
  • Commute

Commute

Starting Address
Destination Address
29 Saint Andrews Pl, Yonkers, NY

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