21 Lake Avenue

Yonkers, NY 10701

$1,250,000
Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

"LEGACY ON LAKE" - Welcome to 21 Lake Ave, an impressive and historic two-family property nestled in the heart of Yonkers, NY. This turnkey residence spans over 3,300 sq ft, featuring a total of 7 bedrooms and 4 full bathrooms across two spacious units. Built in 1899, the home combines old-world charm with modern convenience, making it an exceptional opportunity for first-time buyers and savvy investors alike. Whether you're looking to reside in one unit while generating rental income from the other..."LEGACY ON LAKE" - Welcome to 21 Lake Ave, an impressive and historic two-family property nestled in the heart of Yonkers, NY. This turnkey residence spans over 3,300 sq ft, featuring a total of 7 bedrooms and 4 full bathrooms across two spacious units. Built in 1899, the home combines old-world charm with modern convenience, making it an exceptional opportunity for first-time buyers and savvy investors alike. Whether you're looking to reside in one unit while generating rental income from the other or explore conversion possibilities, this versatile property is ready to meet your goals. Situated just minutes from the scenic Hudson River, the Metro-North train line, and a mere 20-minute drive to NYC, this property is perfectly positioned for those seeking suburban tranquility with easy access to urban amenities. The vibrant Yonkers community is rich with shopping, dining, and entertainment, adding to the appeal of this well-located investment. Currently arranged as a 2-family duplex, this property offers flexibility for owner-occupants or investors. The potential to convert into a 3-family home or revert to a spacious single-family residence adds incredible value. Originally built in 1899, this home boasts original features including exposed beams, high ceilings, stained glass accents, and multiple fireplaces. Impeccable hardwood floors run throughout, preserving the home's timeless appeal. First floor unit spans approximately 1,200 sq ft, and includes 2 bedrooms, 1 full bathroom, and an abundance of natural light from walls of windows. The bright and airy atmosphere is ideal for relaxation or entertaining. The expansive upper unit includes 3 bedrooms and 2 full bathrooms, providing ample space for comfortable living. Additionally, a fully finished attic offers even more possibilities, featuring 2 extra bedrooms, a living area, and another full bathroom-ideal for extended family or guest accommodations. Shared laundry facilities are conveniently located in the walk-out basement. A large driveway accommodates up to 5 cars, while the backyard offers a serene spot for gardening, outdoor dining, or weekend relaxation. Current rent rolls are substantially below market, offering excellent growth potential for investors looking to maximize returns. The property’s picturesque front porch invites you to enjoy morning coffee or relax in the evening while watching the neighborhood come to life. Inside, a welcoming foyer sets an inviting tone for tenants or guests. With taxes under $14K and substantial room for rent growth, 21 Lake Ave represents a rare opportunity to own a historic yet modernized multi-family home in an in-demand area. Don’t miss the chance to own a piece of Yonkers history with unparalleled versatility and potential.
  1. Listed by Ryan Paige • Corcoran Baer & McIntosh
    P: (845)-358-9440 C: (845)-825-4778 ryan@baerhomes.com
  2. Listed by Adam J Blankfort • Corcoran Baer & McIntosh
    P: (845)-358-9440 C: (845)-641-3255 adam@baerhomes.com

Property Details for 21 Lake Avenue

Architectural Style
Colonial
Waterfront
No
LISTING UPDATED: 12/04/2024 05:49 PM

Property Details for 21 Lake Avenue

StatusActive
MLS #H6335693
Days on Market34
Taxes$13,951 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeDuplex
Year Built1899
Lot Size0.16 AC / 6,970 SF
CountyWestchester County

Building Information for 21 Lake Avenue

Stories-Residences2Year Built1899Building Size-Lot Size0.16 AC / 6,970 SF

Property Information for 21 Lake Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: Yonkers
  • Elementary School: Yonkers Early Childhood Academy
  • Middle Or Junior School: Yonkers Middle School
  • High School District: Yonkers
  • High School: Yonkers High School
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
Unit 2 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,750.00
Unit 3 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,600.00
Unit Information
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 1800-002-000-02448-000-0107
  • Tax Assessed Value: $12,400.00
  • Included In Taxes: Sewer,Trash
  • Tenant Pays: None
  • Additional Fees: 0
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, Balcony, Cathedral/Vaulted/High Ceiling, Colonial, Eat in Kitchen, Entrance Foyer, Gas, Hardwood Floors As Seen, In Basement, Patio, Porch, Public
  • Interior Features: First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer
  • Basement: Full, Partially Finished, Walk-Out Access
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Gas
  • Location Amenities: Walk Out Basement, Balcony, Hardwood Floors As Seen, 1st Fl Master Bedroom, Cathedral/Vaulted/High Ceiling, Eat in Kitchen, Entry Foyer, Foyer, Patio, Porch
  • Laundry Features: In Basement
  • Flooring: Hardwood
Exterior Features
  • Exterior Features: Balcony
  • Exterior Property Features: Balcony, Patio, Porch, Driveway, On Street, Near Public Transit, Near School, Level
  • Elevation Certificate: No
  • Patio And Porch Features: Patio,Porch
  • Construction Materials: Frame
  • Road Frontage Type: Municipal
Lot Information
  • Lot Features: Near Public Transit,Near School,Level
  • Site Features: Near Public Transit, Near School, Level
Parking
  • Parking Features: Driveway, On Street
  • Parking Total: 4.00
  • Garage: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Heat Fuel Type: Natural Gas
  • Number Of Heating Zones: 2
  • Number Of Separate Gas Meters: 1
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available,Trash Collection Public
  • Number Of Separate Electric Meters: 1
Green Features
  • Green Features: Natural Gas, Balcony

Public Records for 21 Lake Avenue

Taxable ValueLand$3,600Additions$8,800Total$12,400
Tax Record2020$11,331 ($944 / month)
Home Facts
Baths4Total Finished SqFt4,082 SqFtAbove Grade Finished SqFt3,382 SqFtFinished Basement SqFt700 SqFtStories3Lot Size6,970 SqFtStyleDuplexYear Built1899ZoningMGCountyWESTCHESTERAPN551800 2.-2448-107

Schools near 21 Lake Avenue

This home is within Yonkers City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
School 9
PublicPK to 6

Barack Obama School for Social Justice
Public7 to 12

Gorton High School
Public9 to 12

Riverside High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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21 Lake Avenue is a multi-family home for sale in Yonkers, NY 10701. This property was listed for sale on November 13, 2024 by Corcoran Baer & McIntosh, it's currently listed at $1,250,000. This listing's school district is Yonkers City School District. Nearby schools include School 9, Barack Obama School for Social Justice and Gorton High School. 21 Lake Avenue is a 7-bed, 4-bath, multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Baer & McIntosh

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