Check Availability
$1,850,000
House - In Contract

85 Tibbetts Road

Yonkers, NY 10705
bedrooms
Studio
bathrooms
0 Bath
$11,084
Estimated Monthly
$0
HOA / Fees

About This Property

Rare opportunity awaits you here in Yonkers, NY! Here we have a well kept brick mix-use building with so much upside potential! This mix-use consists of 4 residential apartments with 2 bedrooms each and 3 store fronts. All units are in well kept condition and long time tenants that have been on good standing with no leases but are month to month. The location of this property is incredible, only 30 min from Manhattan, close to all major highways, shopping centers, schools, and more! This property is ready for the perfect investor to earn passive income.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,000
HOA Dues
-
Year Built
1967
Listed By
Last updated: 4 months ago (OneKey MLS #ONEH6279426)

Price History

Date / Event Date Event Price
Jan 12, 2024 In contract -
In contract
Dec 15, 2023 Relisted $1,850,000
Relisted
Dec 11, 2023 In contract -
In contract
Nov 27, 2023 Listed by Iconic Pros $1,850,000
Listed by Iconic Pros
Jun 15, 2010 Sold $1,485,000
Sold

Property Highlights

Air Conditioning
Exterior Details

Property Information

Square Footage : 6812
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1967

Building Information

Building Area Units: Square Feet
Construction Methods: Brick

Land Information

Water Source: Public
Water Source: On Demand
Financial Details
Tax Annual Amount: $24,000

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Business/Commerical Units Count: 7
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 6,812
  • Gross Building Area: 6,812
  • Building Area: 6,812
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.25
  • Standard Land Use Code: Store/office (mixed use)

Ownership

  • Current Owner : CW PROPERTY MANAGEMENT LLC
  • Previous Owner : INGICCO GUY
  • Previous Owner 2: INGICCO VINCENT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Yonkers City School District
  • School Tax School District: YONKERS
  • Census Tract: 001403

Zoning

  • Zoning: BA

Geography

  • Account Number: 101814198
  • District: 551800
  • Section: 1.00
  • Parcel: 551800 1.-64-1
  • Block: 64
  • Lot: 1.000
  • Municipality: YONKERS
  • Latitude: 40.9105
  • Longitude: -73.8834

    Address

  • Full Address: 85 Tibbetts Rd
  • Address - House Number: 85
  • Address - Street Name: Tibbetts
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Yonkers
  • Carrier Code: C025
  • 4-Digit Zip Code: 4673
  • Zip Code: 10705

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,342
  • Tax Rate Code Area: 551800

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,114,787
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2010
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 15, 2040
  • Second Open Lien Mortgage Lender: CATHAY BANK
  • Second Open Lien Mortgage Recording Date: Sep 15, 2015
  • Second Open Lien Mortgage Loan Amount: $114,787
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Sep 15, 2045

    Market Valuation

  • Market Total Value: $1,117,318
  • Market Land Value: $418,994
  • Market Improvement Value: $698,324

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $12,500

    Sales

  • Current Sale Contract Date: May 28, 2010
  • Current Sale Recording Date: Jun 15, 2010
  • Current Sale Transaction ID: 1196268093
  • Current Sale Price: $1,485,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 0501483098

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Jun 15, 2010
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
11 Beds
8 Baths
-
$1,500,000 May 11, 2023
$1,500,000 Dec 8, 2023
$1,858/mo

About Lincoln Park


Similar Homes for Sale


Nearby Rentals

Unit for rent at 140 McLean Avenue, Yonkers, NY 10705

$2,100 /mo

  • 2 Beds
  • 1 Bath
140 McLean Avenue #3, Yonkers, NY 10705 Listing by Gordon Lewis
Unit for rent at 3240 Riverdale Avenue, Bronx, NY, 10463

$1,900 /mo

  • 1 Bed
  • 1 Bath
3240 Riverdale Avenue #7-C, Bronx, NY, 10463 Listing by Kiara Lewis
Unit for rent at 189 Saratoga Avenue, Yonkers, NY 10705

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 663 ft²
189 Saratoga Avenue #2N, Yonkers, NY 10705 Listing by MILTON D. JOHNSON


Frequently Asked Questions

When was property at 85 Tibbetts Road built and last sold?
The property at 85 Tibbetts Road was built in 1967 and last sold on May 28, 2010 for $1,485,000.
How much is this home worth?
The estimated value of the home located at 85 Tibbetts Road is $1,868,500.
What are some comparable homes to 85 Tibbetts Road?
Homes that are comparable to 85 Tibbetts Road include a multifamily property at 110 Harrison Avenue, located in Yonkers, NY.

Quantcast