Kranti Bhalla
Call: (212) 500-0389
Text: (212) 500-0389
BEDS0
BATHS
MLS#1049883
STATUSActive
PROPERTY TYPECommercial -
SCHOOLYonkers
Property Description
208 Tompkins Road in Yonkers, NY is an exceptional 5-family income-producing investment property offering strong cash flow, a 7% cap rate, $114,600 in annual rental income, and $90,000 in net operating income. Set on an oversized double lot in Westchester County, this multi-family asset features five fully occupied units, private driveway parking, and long-term upside potential.The property includes two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, plus a renovated finished walk-out basement that adds flexible recreational or bonus space. Built in 1911 with approximately 4,896 square feet of building area, the property offers wood flooring, natural gas heat, public water and sewer, and separate electric and gas meters. Exterior highlights include a brick and stucco building, landscaped front and back yards, private outdoor space, and a convenient location near public transportation. With zero vacancies, in-place income, and a valuable double lot, 208 Tompkins Road presents a rare opportunity for investors seeking immediate returns, long-term appreciation, and a strong addition to their real estate portfolio.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished, Walk-Out Access
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.22 Acres
Taxes: $16,500
Year Built: 1911
Feature Descriptions
Building Area Total: 4896
Days on Site: 3
Exterior: Brick, Stucco
Flooring: Wood
Lot Features: Back Yard, Front Yard, Landscaped, Near Public Transit, Private
On Market Date: 2026-09-12
Parcel Number: 551800 3.-3333-68.71
Parking Features: Driveway
Rental Term: Monthly
Security Features: Building Security, Smoke Detector(s)
Sewer: Public Sewer
Units: 5
Utilities: Natural Gas Connected
Water: Public
Local Schools
High School: Yonkers (School Choice)
Middle School: Yonkers (School Choice)
Elementary School: Yonkers (School Choice)
School District: Yonkers
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Listed By / Shown By
Listing By
Agency Name: RE/MAX Distinguished Hms.&Prop
Agency Contact: 914-346-8255
Shown By
Agent Name: Kranti Bhalla
Agent Phone: (212) 500-0389
Agency Title: Laffey Real Estate
208 Tompkins Road | MLS# 1049883
This commercial property located at 208 Tompkins Road, Yonkers, NY 10703 is currently listed for sale with an asking price of $1,499,999. Tompkins Road is located within the Yonkers school district. Search Yonkers real estate on krantibhalla.laffey.com today.