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$1,249,000
17 Chestnut Street, Yonkers, NY, 10701
Exceptional Investment Opportunity – Fully Renovated 4-Family Corner Building in Yonkers
Don't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout:
(1) One-Bedroom Apartment – $2,000/month
(1) Three-Bedroom Apartment – $2,926/month
(2) Four-Bedroom Apartments – $2,000 and $3,000/month
Each unit includes 1 full bathroom
Additional Income Streams:
Storefront (currently used as storage): $850/month
Two Large 3-Car Garages (used as warehouse): $500/month, $650/month
Total: $11,926/month
Financial Highlights:
Total Gross Annual Income: $143,000 (current)
Low Property Taxes: Only $15,633 for 2024
Utilities: Tenants pay for their own heat and gas, minimizing owner expenses
Property Highlights:
Fully renovated in 2018
Well-maintained throughout
Strong rental income and high demand in the area
Opportunities like this are hard to come by in today’s market—ideal for investors seeking reliable cash flow with minimal overhead.
Offered By
Shuai Zheng, Realmart Realty LLC
Property Details
Property Type
Commercial
Status
Active
Property Sub Type
Multi Family
MLS #
980060
Heating
Radiant
Cooling
Wall/Window Unit(s)
Utility Features
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1925
Basement
Finished, Full
PARKING SPACES
6
Parking Features
Detached, Driveway, Garage, Parking Lot
CITY
Yonkers
COUNTY
Westchester County
STATE
NY
TAX AMOUNT
15633.0
LATEST UPDATE
2026-05-20T00:40:39.761Z
DAYS ON MARKET
47
PRICE CHANGE(S)
$1,249,999 Apr 2, 2026
$1,249,000 Apr 2, 2026
CUMULATIVE DAYS ON MARKET
47
Property Details
Property Type
Commercial
Status
Active
Property Sub Type
Multi Family
MLS #
980060
New Properties On Market
40
5%
Decrease In New Listings
Average Asking Price
$423,309
$255,618 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$292
$177 Decrease In List Price/Sq. Ft.
Average Days On Market
7
12 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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