251 Valentine Lane, Yonkers, NY 10705

$1,350,000
  • 251 Valentine Lane, Yonkers, NY 10705 Main Photo

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Active
BEDS8 BATHS4 full MLS#949827
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLYonkers

Property Description

251 Valentine Lane presents a compelling opportunity to acquire a 4-family multifamily investment property in a centrally located Yonkers neighborhood supported by consistent rental demand and long-term appreciation fundamentals. This asset is well suited for buy-and-hold investors, portfolio expansion, 1031 exchange buyers, or owner-occupant investors seeking durable income in Westchester County.The property consists of four income-producing residential units, offering diversified rental streams that help reduce vacancy exposure and enhance income stability compared to smaller residential investments. Multifamily properties of this size remain highly attractive due to operational efficiencies, favorable financing options, and their proven ability to perform across varying market cycles.A key value driver is off-street parking, a premium amenity in Yonkers that continues to support strong tenant demand and long-term retention. In urban and near-urban rental markets, parking availability remains a meaningful differentiator that can improve leasing velocity, reduce turnover, and support higher effective rents over time.The property's central Yonkers location provides convenient access to major roadways, public transportation, employment centers, retail corridors, and essential services. This accessibility supports a broad and stable tenant base. Yonkers continues to benefit from its proximity to New York City while offering relative affordability within Westchester County, contributing to sustained rental demand and long-term investment appeal.From an investment perspective, 251 Valentine Lane offers multiple strategic pathways. Investors may pursue a traditional buy-and-hold strategy, capturing steady rental income while benefiting from appreciation in a supply-constrained market. The asset may also present value-add potential through selective unit improvements, operational efficiencies, or rent optimization over time, subject to existing leases and property condition.Importantly, the 4-unit configuration also makes this property highly attractive to owner-occupant investors. Buyers have the opportunity to reside in one unit while generating rental income from the remaining apartments, effectively offsetting housing costs while building equity. This strategy continues to be popular among investors seeking both lifestyle flexibility and long-term wealth creation. The ability to appeal to owner-occupants also enhances future marketability and liquidity upon resale.Westchester County multifamily assets rem

251 Valentine Lane | MLS# 949827

This multi-family property located at 251 Valentine Lane, Yonkers, NY 10705 is currently listed for sale with an asking price of $1,350,000. Valentine Lane is located within the Yonkers school district. Search Yonkers real estate on www.fsrec.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Garage: 1
Heating: Natural Gas, Radiant
Home Style: Colonial
Lot Size: 0.18 Acres
Taxes: $20,003
Year Built: 1900

Amenities

Original Details
Storage

Feature Descriptions

Association Amenities: Park
Attic: Finished
Building Area Total: 3234
Days on Site: 88
Exterior: Brick
Fuel Expense: 8291
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
Maintenance Expense: 3000
Maintenance Expense: 3000
On Market Date: 2026-01-22
Other Expense: 4248
Parcel Number: 1800-001-000-00124-000-0058-59
Parking Features: Garage
Rental Term: Monthly
Separate Electric Meters: 5
Separate Gas Meters: 1
Sewer: Public Sewer
Units: 4
Utilities: Trash Collection Public
Water: Public

Local Schools

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

Listed By / Shown By

Listing By

Agency Name: Keller Williams NY Realty
Agency Contact: 914-437-6100

Shown By

Agency Title: Four Seasons Real Estate Center
Agency Phone:

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Estimated Payment

$ 5,065.18 per month $3,004.51 Principal & Interest $1,666.92 Property Tax $393.75 Homeowner's Insurance

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