10.26% Cap Rate Yonkers Corner 5 Family 2 Stores FREE MARKET

For Sale

156 Palisade Ave, Yonkers, NY 10701

This Yonkers property for sale is located at 156 Palisade Ave. The current listed sale price for 10.26% Cap Rate Yonkers Corner 5 Family 2 Stores FREE MARKET is $1,725,000. 10.26% Cap Rate Yonkers Corner 5 Family 2 Stores FREE MARKET is situated on a lot that is 0.08 acre in size.

Contacts

broker
Andrew Lichtenstein

Andrew Lichtenstein, Inc.

Broker

Property Details

  • Property Type Mixed Use - Retail / Residential
  • Property Size 5,721 SF
  • Units 5
  • Lot Size 0.08 Acre
  • Cap Rate % 10.26
  • Rental Income / YR $217,140.00
  • NOI / YR $177,008.00
  • Taxes / YR $12,449.00
  • # of Floors 3
  • Parking Spaces Avail. 1
  • Parking Ratio 0.17 / 1,000 SF
  • Year Built 1891
  • Year Renovated 2025
  • Date Updated Jul 24, 2025

The subject property is a desirable corner 3-story mixed-use building consisting of 5 free-market residential units and 2 retail units (a Deli and a Salon). It also has a 2-car garage and billboard signage. Located in the Locust Hill neighborhood of Yonkers, it offers easy access to public transportation, local amenities, and Downtown Yonkers shopping areas. Building size: 5,725 square feet.

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Getting around

  • 86/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 25/100

    Bike Score ®

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Location

  • City Yonkers, NY
  • Neighborhood Locust Hill
  • Zip Code 10701
  • Market White Plains

Points of Interest

  • Yonkers

    0.49 miles

  • Glenwood

    0.91 miles

  • Ludlow

    1.20 miles

  • Greystone

    2.41 miles

  • Riverdale

    2.53 miles

  • Mount Vernon West

    2.85 miles

  • Fleetwood

    2.91 miles

  • Bronxville

    3.07 miles

  • Wakefield–241st Street

    3.28 miles

  • Van Cortlandt Park–242nd Street

    3.34 miles

  • Shell

    0.42 miles

  • Mobil

    1.91 miles

  • Citgo

    2.10 miles

  • Sunoco

    2.17 miles

  • Tesla Supercharger

    2.68 miles

  • Delta

    2.91 miles

  • BP

    3.02 miles

  • Buena Vista Parking Garage

    0.51 miles

  • Kober Parking

    2.41 miles

  • Market Street Garage

    2.49 miles

  • Westlands Parking

    2.62 miles

  • Archer Avenue Garage

    2.66 miles

  • Cole Street Garage

    2.66 miles

  • North Parking

    2.67 miles

  • South Otis Drive Garage

    2.74 miles

  • North Otis Drive Garage

    2.78 miles

  • Colodny Lot

    3.05 miles

  • Yonkers Gateway Motel

    1.02 miles

  • Ramada Yonkers

    1.95 miles

  • Royal Regency Hotel

    1.99 miles

  • Hyatt Place

    2.21 miles

  • Hampton Inn & Suites

    2.43 miles

  • Courtyard

    2.54 miles

  • Residence Inn

    2.56 miles

  • Metro Motel

    3.25 miles

  • SpringHill Suites

    3.95 miles

  • El Rancho Motel

    4.17 miles

  • ShopRite

    0.51 miles

  • Foodtown

    0.73 miles

  • Ideal Food Basket

    0.88 miles

  • FoodTown Express

    1.59 miles

  • Macy's

    2.09 miles

  • Acme

    2.17 miles

  • TJ Maxx

    2.18 miles

  • Riverdale Kosher Market

    2.23 miles

  • Key Food

    2.29 miles

  • C-Town

    2.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Andrew Lichtenstein

Andrew Lichtenstein, Inc.

Broker

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