720 Palisade Avenue, Yonkers, NY 10703

$690,000
5
BD
2
BA

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Sold Price
$690,000
Days on Market
4
Closing Date
Apr 29, 2026
MLS#
940929
Status
CLOSED
Property Type
Multifamily
Subtype
Duplex
Style
Victorian
Year Built
1898
Property Tax
$11,580
Neighborhood
Yonkers
School District
Yonkers
High School
Yonkers (School Choice)
Jr. High
Yonkers (School Choice)
Elementary School
Yonkers (School Choice)

Property Description

Prime value opportunity in North Yonkers on desirable Palisade Avenue. This Victorian-style two-family home offers strong upside for investors, contractors, or end users seeking rental income and long-term appreciation. The first-floor unit features three bedrooms, the second-floor unit offers two bedrooms, and the walk-up attic includes four additional rooms—ideal for future expansion, home office space, or added value (subject to approvals). The property requires renovation but the key mechanical updates are already in place. The boiler was installed in 2018 and a hot water heater less than one year old—helping reduce immediate capital expenses. Additional highlights include a detached one-car garage and a highly convenient location on a bus route with close proximity to shopping, dining, and everyday necessities. Perfect for investors seeking a rehab project with strong rental upside in a high-demand commuter area.

Additional Information

Bedrooms
5
Bathrooms
2
Full Baths
2
Parking
Detached, Driveway
Basement
Full
Heating
Hot Water
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jean Tickell (jean.tickell@randrealty.com) from Listing Office: Howard Hanna Rand Realty.

Selling Office: The Pimentel Group LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.