87 Colgate Avenue, Yonkers, NY 10703

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Property Description

Welcome to this versatile two-family Dutch Colonial, ideally located on a quiet, tree-lined street in the Homecrest section of Yonkers. This home is perfect for investors or owner-occupants seeking additional rental income. Situated on a spacious, level corner lot, this two-story property features 2 generously sized apartments, a full attic with generous storage, and a large walk-out basement offering an additional 988 square feet. The basement includes a common laundry area, and direct access to a two-car attached garage, plus driveway parking for up to 4 additional vehicles.The home blends classic character with extensive modern upgrades, including original refinished oak hardwood floors, high ceilings, recently renovated eat-in kitchens, and updated bathrooms in both units. Custom French doors were recently installed on the first floor. Significant improvements include updated plumbing throughout, a new 200-amp electrical service with separate panels for the first floor and basement, and dedicated A/C circuits in every room. The property is fully wired with enterprise-grade internet and cable in each room, featuring WiFi access points in each unit. Ideal for today's remote work and rental demands.Additional upgrades include whole-house water filtration, refurbished radiators with high-end Danfoss adjustable thermostat valves, separate hot water heaters for each floor, fully insulated attic with updated electrical, and a new roof and gutters installed in 2020. A new LG front-load washer and dryer is located in the common area. The property can be delivered vacant, offering flexibility for immediate occupancy or leasing. Full list of upgrades available upon request.

87 Colgate Avenue | MLS# 956069

This multi-family property located at 87 Colgate Avenue, Yonkers, NY 10703 is currently listed for sale with an asking price of $899,000. Colgate Avenue is located within the Yonkers school district. Search Yonkers real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished, Walk-Out Access
Basement: Yes
Cooling: Wall/Window Unit(s)
Garage: 2
Heating: Natural Gas, Radiant
Lot Size: 0.20 Acres
Taxes: $13,606
Year Built: 1927

Amenities

First Floor Bedroom
First Floor Full Bath
Ceiling Fan(s)
Chandelier
Crown Molding
Eat-in Kitchen
Entrance Foyer
Formal Dining
High Ceilings
High Speed Internet
Original Details

Feature Descriptions

Attic: Full, Pull Stairs, Unfinished
Building Area Total: 2704
Days on Site: 48
Exterior: Frame, Structurally Insulated Panels, Stucco
Flooring: Hardwood
Formal Dining: Yes
GarageY/N: Yes
Heating Units: 2
Heating Zones: 2
Laundry: Common Area, In Basement, Laundry Room
On Market Date: 2026-02-04
Parcel Number: 1800-003-000-03030-000-0031
Parking Features: Attached, Covered, Driveway, Garage, Off Street
Parking Total: 6
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Window Features: Double Pane Windows, New Windows

Local Schools

High School: Yonkers High School
Middle School: Yonkers Middle School
Elementary School: Yonkers Early Childhood Academy
School District: Yonkers

Estimate Your Payment

Estimated Payment

$ 3,396.83 per month $2,000.78 Principal & Interest $1,133.83 Property Tax $262.21 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Century 21 Hire Realty
Agency Contact: 914-458-5677

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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