7-Unit Income Property + Development Lot | Garage & Parking Income | Yonkers, NY
Rare opportunity to acquire a 7-unit multifamily building with an additional buildable lot, both sold together, in a prime Yonkers location near Van Cortlandt Park. 28–32 Van Cortlandt Park Ave offers scale, income, and future upside in one package.
The property features seven large residential units, including a bonus superintendent unit—ideal for a handyman, live-in super, or value-add conversion. Units are spacious and well-laid-out, appealing to long-term tenants and strong rental demand.
Three-car garage plus additional parking provide separate income potential, a major value driver in this high-density area.
The sale includes a separate adjacent lot measuring an additional 3,485 sq ft, bringing total lot size to approx. 6,970 sq ft. This extra lot significantly enhances the property’s long-term value, offering potential for future development, expansion, outdoor amenities, or resale upside (buyer to verify with municipality). Properties with this level of land flexibility are extremely rare in Yonkers.
Key Highlights:
7 large residential units
Bonus superintendent/handyman unit
3-car garage + parking income
Separate adjacent lot included (3,485 sq ft)
Total combined lot size approx. 6,970 sq ft
Strong rental demand location near Van Cortlandt Park
Building and lot sold together – no separation
This is a high-upside multifamily investment offering immediate income, parking revenue, and long-term development potential—perfect for investors looking to scale their portfolio with a value-add component.
28-32 Van Cortlandt Park Avenue, Yonkers, NY 10705, is a 0.08 acres, 6970 sqft. Mixed Use built in 1941.
This property is currently available for sale and was listed on OneKey® MLS on 12-12-2025.
The MLS# for this Mixed Use is MLS# 943718.
Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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