85 Tibbetts Road

Yonkers, NY
$ 1,995,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Brick four family, three store mixed use property just off McClean Avenue. The four apartments each offer an eat in kitchen, living room, two bedrooms, one full bath, hardwood floors and plenty of closet space. The three stores are equally divided and offer two long term tenants and one storefront on a month to month basis. This storefront is being marketed for rent simultaneously with the sale for $2500.00 per month and may have a new tenant prior to closing. Also perfect for an owner occupied business owner. The current rent roll $164k. The expenses including taxes, insurance, heat, water, electric approximately 42k per year. Currently a 6.1 CAP, but plenty of room to improve to over 7.1 CAP immediately. Owner is considering raising rents and securing all leases prior to sale to help the mortgage process. Three apartment rents can be increased by a minimum of $500-$600 per month each, currently under market. Paper street parking on the side of the building for the 2 stores

Commercial

  • Price
  • $ 1,995,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1967
  • Half Bathrooms
  • 0
  • City, Zip
  • Yonkers
  • Taxes
  • 20349
  • County
  • WESTCHESTER
  • Style
  • Mixed Use
  • Area
  • Yonkers
  • MLS#
  • H6072539
  • Zip
  • 10705
Listing Provided by: Century 21 Marciano

Features

General

Buildingareaunits Square Feet
Construction Materials Brick, Frame
Cooling None
Elementary School District Yonkers
Heating Natural Gas, Hot Water
High School District Yonkers
Middle/Junior School District Yonkers
Property SubType Mixed Use
Property Type Commercial Sale
Total Units 7
Village None
Zoning Description BA

Exterior Features

Lot Size Units Acres
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Middletown, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/24/2020 Listed $1,995,000

Property vs Zip Code Average in 10705

Price
AVG $280K
$2M
Taxes
AVG $11,398
$20,349
Visits
AVG 87
10
Year Built
AVG 1949
1967

Map

85 Tibbetts Road Yonkers, NY is a Single Family Home for sale at $1995000 and a lot size of Acre(s). 85 Tibbetts Road Yonkers has 0 bedrooms, 0 baths and was built in 1967. The property's zip code is 10705 which is in Yonkers, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.