Matilda Donovan
MLS#1002001
STATUSActive
PROPERTY TYPECommercial -
SCHOOLYonkers
Property Description
Exceptional investment opportunity featuring a 5-family income producing property situated on an oversized double lot, offering strong in place cash flow and long-term upside potential. The property consists of two 2-bedroom, 1-bathroom units and three 1-bedroom, 1-bathroom units, plus a renovated full basement, providing additional flexibility and recreational space. Current rental roll includes Unit 1A - $2,100, Unit 1B - $2,500, Unit 2S - $1,550, Unit 2N - $1,900, and Unit 2E - $1,500. Owner pays heat while tenants are responsible for electric and cooking gas, helping maintain operational efficiency. Situated on a valuable double lot, this income-producing multifamily asset presents a rare opportunity for investors seeking immediate cash flow, long-term appreciation potential, and a strong addition to their investment portfolio.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished, Walk-Out Access
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.22 Acres
Taxes: $16,500
Year Built: 1911
Feature Descriptions
Building Area Total: 3264
Cap Rate: 7
Exterior: Brick, Stucco
Flooring: Wood
Heating Units: 1
Included In Taxes: Sewer, Trash, Water
Lot Features: Back Yard, Front Yard, Landscaped, Near Public Transit, Private
On Market Date: 2026-05-20
Parking Features: Driveway
Rental Term: Monthly
Security Features: Building Security, Smoke Detector(s)
Seller Concession: Yes
Separate Electric Meters: 5
Separate Gas Meters: 5
Sewer: Public Sewer
Tenant Pays: All Utilities
Units: 5
Utilities: Natural Gas Connected
Water: Public
Local Schools
High School: Yonkers (School Choice)
Middle School: Yonkers (School Choice)
Elementary School: Yonkers (School Choice)
School District: Yonkers
Listed By / Shown By
Listing By
Agency Name: Aurum Standard Realty Corp
Agency Phone: 914-614-8827
Shown By
Agent Name: Matilda Donovan
Agent Phone: (917) 757-5694
Agency Title: Coldwell Banker American Homes
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208 Tompkins Road | MLS# 1002001
This commercial property located at 208 Tompkins Road, Yonkers, NY 10703 is currently listed for sale with an asking price of $1,449,000. Tompkins Road is located within the Yonkers school district. Search Yonkers real estate on matildadonovan.cbamhomes.com today.