17 Lockwood Avenue, Yonkers, NY 10701

$949,000
  • 17 Lockwood Avenue, Yonkers, NY 10701 Main Photo

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New to the Market Active
BEDS4 BATHS3 full MLS#995442
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLYonkers

Property Description

Prime mixed-use investment opportunity in the heart of Yonkers! Located on a highly visible corner lot, this versatile property offers strong income potential with a fully operational retail storefront, residential units, and additional garage income streams. The ground level retail space, currently operating as a nail salon, benefits from excellent street exposure, steady foot traffic, and prominent signage visibility, ideal for owner-users or investors seeking a stable commercial tenant, currently rented at $1,850. Above and alongside the commercial space are well-laid-out residential units, including a 1-bedroom apartment renting for $1,850/month and a spacious 3-bedroom apartment generating $2,850/month, providing consistent rental income. Additional value is found in the three garage spaces, each rented at $200/month, creating supplemental cash flow and added tenant convenience. The property features a separate entrance for residential access, enhancing privacy and flexibility for multi-use functionality. With approximately 2,800 sq ft of building space, this asset is perfect for investors looking to maximize returns or owner-operators seeking to live and work in one location. Conveniently situated near major roadways, public transportation, and local amenities, this is a rare opportunity to own a high-performing mixed-use property in a growing Yonkers market.

17 Lockwood Avenue | MLS# 995442

This multi-family property located at 17 Lockwood Avenue, Yonkers, NY 10701 is currently listed for sale with an asking price of $949,000. Lockwood Avenue is located within the Yonkers school district. Search Yonkers real estate on www.cbamhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Garage: 3
Heating: Baseboard, Oil
Lot Size: 0.05 Acres
Taxes: $2,442
Year Built: 1969

Amenities

Eat-in Kitchen
Open Floorplan
Storage

Feature Descriptions

Building Area Total: 2800
Days on Site: 4
Exterior: Frame
Fuel Expense: 5500
GarageY/N: Yes
On Market Date: 2026-05-11
Other Structures: Garage(s)
Parcel Number: 1800-002-000-02363-000-0038
Parking Features: Garage, On Street
Parking Total: 3
Patio And Porch: Porch
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Water Connected
Water: Public

Local Schools

High School: Yonkers (School Choice)
Middle School: Yonkers (School Choice)
Elementary School: Yonkers (School Choice)
School District: Yonkers

Estimate Your Payment

Estimated Payment

$ 5,278.95 per month $4,798.66 Principal & Interest $203.50 Property Tax $276.79 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: eXp Realty
Agency Contact: 888-276-0630

Shown By

Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443

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