Remarks
Located in the desirable Ludlow/Park Hill area of Yonkers, 279 S Broadway is a 12-unit brick investment property offering tremendous upside and over 13,000 square feet of living space. All units are currently rented month-to-month, providing flexibility for future rent increases or repositioning. The building features boilers installed in 2019 and a full unfinished basement loaded with potential, ideal for adding coin-operated washer/dryer units to generate additional income and enhance tenant convenience. A private backyard, accessible only to ownership, offers a rare outdoor amenity in this corridor. With its solid structure, income stability, and proximity to the Ludlow Metro-North Station, downtown Yonkers waterfront, and major highways, this property presents a prime opportunity for investors seeking long-term growth and value in one of Yonkers’ most promising submarkets.
