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$625,000 Just Listed
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Property Description
Welcome to 58 Palmer Road in Yonkers, a classic semi-attached two-family home in the desirable Bryn Mawr (Bryn Mawr Park) neighborhood that is truly a diamond in the rough. This is a major opportunity for the right buyer or investor who has vision and is ready to put in the TLC-because while the property needs a significant amount of work, it has been priced accordingly and sits in a prime, high-demand location. The layout offers excellent flexibility. The main level features a spacious four-bedroom, two-bath duplex that opens onto a porch and leads out to a very spacious, long backyard-ideal for outdoor living, entertaining, or future enhancement once renovated. Below is a convenient ground-floor one-bedroom, one-bath walk-in unit with its own entrance. Together, the configuration supports living in one unit while collecting rent from the other, or operating the entire property as a pure investment after renovations. Location is a standout strength. Palmer Road sits right by major highways, with immediate access via the Saw Mill River Parkway (Exit 5A at Palmer Road) and quick connections to I-87 (the New York State Thruway/Major Deegan), the Cross County Parkway, and other routes. This makes commuting into Manhattan or around Westchester straightforward. The Bryn Mawr area itself is an established residential neighborhood with a mix of single- and multi-family homes, nearby green spaces including Welty Park, access toward Tibbetts Brook Park and the South County Trailway, local shopping and services, and proximity to well-regarded schools such as Saunders Trades & Technical High School (located on Palmer Road). The combination of convenience, parks, and everyday amenities keeps demand strong in this part of Yonkers. This is not a turnkey property-it will require meaningful renovation and a clear vision. But for the buyer or investor prepared to put in the work, the upside is clear: renovate, then either occupy one unit and generate rental income from the other, or hold it fully as an income-producing asset in a location that supports long-term value. Priced to reflect its current condition, 58 Palmer Road represents a genuine opportunity for someone ready to unlock its potential.
Full Property Details
Full Property Details for 58 Palmer Rd
General
- Price: $625,000
- Taxes: $9,263
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1042859
- Updated: 8/25/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: High Ceilings, Natural Woodwork, Other, Storage, Walk Through Kitchen
- Laundry Facilities: Yes
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Parking
- Parking Features: Driveway
Location
- County: Westchester County
School Information
- High School District: Yonkers
- Elementary School: Yonkers (School Choice)
- Middle School: Yonkers (School Choice)
- High School: Yonkers (School Choice)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Architectural Style: Chalet
- Detached/Attached: Attached
- Construction: Brick, Frame
- Basement: Yes
- Basement Desc.: Finished, Storage Space, Walk-Out Access
- Building Size: 1544
- Square Feet: 1,544
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.0817
- Lot Size (Sq. Ft.): 3,558
Financial Considerations
- Tax Amount: $9,263
Disclosures and Reports
- Special Conditions: None
- Property ID: 1800-002-000-02190-000-0071
Listed by eXp Realty
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Schools
Schools serving 58 Palmer Rd
School District:Yonkers City School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 58 Palmer Rd
Date
Details
Price
Change
Source
8/25/2026
Listed
$625,000
64.47%
MLS
8/11/2004
Sold
$380,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 58 Palmer Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,035
100%
$8,778
—
2024
-100%
$8,778
—
2020
$10,331
22%
$8,778
—
2020
$8,465
20%
$8,778
-25%
2018
$7,043
-23%
$11,700
—
2017
$9,179
1%
$11,700
—
2017
$9,081
-3%
$11,700
—
2016
$9,372
9%
$11,700
—
2015
$8,608
-12%
$11,700
—
2013
$9,733
—
$11,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 58 Palmer Rd
58 Palmer Road, Yonkers, NY 10701 (MLS# 1042859) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 58 Palmer Road is currently listed for $625,000 and was received on August 25, 2026. Want to learn more about 58 Palmer Road? Do you have questions about finding other Multi-Family real estate for sale in Yonkers? You can browse all Yonkers real estate or contact a Coldwell Banker agent to request more information.
