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$690,000
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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.
Full Property Details
Full Property Details for 720 Palisade Ave
General
- Sold For: $690,000
- Taxes: $11,580
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 940929
- Added to Site: 185 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Pantry, Storage
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached, Driveway
Location
- County: Westchester County
- Driving Directions: Palisade Avenue between Morsemere and Colgate
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: None
- Heating Type: Hot Water
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected
Structural Information
- Architectural Style: Victorian
- Detached/Attached: Detached
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 3022
- Square Feet: 3,022
- Year Built: 1898
Lot Features
- Lot Size (Acres): 0.12
Financial Considerations
- Taxes Include: Sewer, Trash
- Tax Amount: $11,580
Disclosures and Reports
- Special Conditions: None
- Property ID: 3.-3030-3
Listed by Howard Hanna Rand Realty
Sold by The Pimentel Group LLC
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Schools
Schools serving 720 Palisade Ave
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 720 Palisade Ave
Date
Details
Price
Change
Source
4/29/2026
Sold
$690,000
6.15%
MLS
12/05/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
720 Palisade Avenue, Yonkers, NY 10703 (MLS# 940929) is a Multi-Family property that was sold at $690,000 on April 29, 2026. Want to learn more about 720 Palisade Avenue? 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.
