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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON OCT 16 2025 AT 1:32 PM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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17 Chestnut St

yonkers, NY 10701

$1,249,000

  • 12 BR
    3 BA
    APPROX. 6,078 SF

INTERESTED? LET'S CONNECT

Exceptional Investment Opportunity – Fully Renovated 4-Family Corner Building in Yonkers
Don't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout:
(1) One-Bedroom Apartment – $1,400/month
(1) Three-Bedroom Apartment – $2,700/month
(2) Four-Bedroom Apartments – $2,400 and $3,000/month
Each unit includes 1 full bathroom
Additional Income Streams:
Storefront (currently used as storage): $800/month
Two Large 3-Car Garages (used as warehouse): $500/month each
Financial Highlights:
Total Gross Annual Income: $135,600 with upside potential
Low Property Taxes: Only $15,633 for 2024
Utilities: Tenants pay for their own heat and gas, minimizing owner expenses
Property Highlights:
Fully renovated in 2018
Well-maintained throughout
Strong rental income and high demand in the area
Opportunities like this are hard to come by in today’s market—ideal for investors seeking reliable cash flow with minimal overhead.

Details

6,078 Sq Ft

4,792 Sq Ft Lot Size

Investment

$15,633 Annual Tax

Built in 1925

MLS/Listing ID 866153

4 Units

Amenities & Features

Eat-in Kitchen

Heating - Radiant

Construction - Vinyl Siding

Cooling - Wall/window unit(s)

ONEKEY

Source of Data: ONEKEY MLS

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Interested in 17 Chestnut St?