134 Buena Vista Ave · Yonkers, NY 10701

$1,325,000

5 bd · 3.0 ba · 2,590 sqft · MultiFamily public records · 89 Days on market

Built 1900 4,792 sqft lot $512/sqft · 47% above area Est $1562k · 15% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +14.3/15.0
• Cash flow +10.6/30.0
• Schools +4.1/10.0
• Rent growth +3.6/5.0
• Livability +3.4/5.0
• 1% rule +3.1/10.0
• DSCR +3.0/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks MLS

investment opportunity on Buena Vista Ave in Yonkers! This unique 3 unit income-producing property features a legal three family home with an additional bonus unit, offering exceptional flexibility and strong rental potential. Perfectly positioned near the waterfront and just moments from Downtown Yonkers, the property provides convenient access to the vibrant Yonkers waterfront district, restaurants, shops, parks, and Metro-North for an easy commute to New York City. The main structure includes two spacious residential units with comfortable living areas, well-sized bedrooms, and abundant natural light. In addition, the property offers two extra apartments, making it ideal for investors seeking multiple income streams or owner-occupants looking to offset living expenses with rental revenue. Residents will appreciate the scenic waterfront setting, while still being close to everything Downtown Yonkers has to offer. With strong rental demand in the area and multiple units under one roof, this property presents a fantastic opportunity for both seasoned investors and savvy buyers looking for long-term value. Don’t miss the chance to own a versatile, income-generating property in a prime location just minutes from downtown.

Key facts

• Three family home
• Bonus unit
• 4,792 sq ft lot

Tags

• THREE FAMILY HOME
• BONUS UNIT
• STRONG RENTAL POTENTIAL
• MULTIPLE INCOME STREAMS
• SCENIC WATERFRONT SETTING
• PRIME WATERFRONT LOCATION

What this means for you Summary

Snapshot

• This is a 3 × 4-bed/1.0-bath units multifamily listed at $1.32M.

Deal economics

• At list price, monthly cash flow is $-663 ($-8k/yr) — negative. Per door: $-221/mo.
• To cash-flow at today's rent, offer at most $1.23M (7.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $1.08M (18.9% below list).
• Recommended offer: $1.08M (18.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#528 in NY) — a middle-class / working-renter tenant base. Strengths: employment A, commute B; Watch: amenities F, cost of living F.
• Yonkers City School District (suburban): math 41% / reading 54% proficiency, ranked #413 of 590 in NY (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.4%/yr); 185 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).
• At $10,752/mo this rent would consume 199% of the median local household income ($65k/yr) (locally 6045% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $9k of loan paydown is wiped out by about $40k of value loss. Plan a longer hold.
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 89 days — a 6% lower offer ($1.25M) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask is 37757% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $16k; list at $1.32M implies a 8181% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,075,200 (18.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
4. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
5. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.81% ✗
• Cap rate: 5.69%
• Cash-on-cash: -2.14%
• DSCR: 0.90
• GRM: 10.3

CMA / ARV

• ARV (median comp): $1,561,968
• List price: $1,325,000
• Delta: -15.17%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11 Lafayette Pl	0.68mi	6/— (+1)	2,600 (+0%)	3mo	$730,000	$281	60
166 Park Hill Ave Yonkers	0.67mi	5/3.0	2,300 (-11%)	3mo	$855,000	$372	48
43 Cedar Pl	0.42mi	5/3.0	2,970 (+15%)	10mo	$750,000	$253	48
84 Livingston Ave	0.72mi	6/4.0 (+1)	2,303 (-11%)	16mo	$740,000	$321	26

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.39% rent growth · sell at horizon

5-year hold

• IRR: -18.3%
• Equity multiple: 0.35×
• Total profit: $-241,507
• Equity at exit: $197,562

10-year hold

• IRR: -8.1%
• Equity multiple: 0.46×
• Total profit: $-199,634
• Equity at exit: $114,562

Cash invested: $371,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 5 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City Yonkers: 5 Strongly Tenant-Friendly · D+20

Westchester rent guidelines board.

Methodology + full state rankings →

ZIP-level market 10701

• Rents YoY: 4.4%
• Active inventory: 185
• Price-to-rent: 30.8×

Monthly cashflow live

• Estimated rent: $10,752 high
• Mortgage (P&I): −$6,948
• Tax est. 1.5%: −$1,656 /mo · $19,875/yr
• Insurance: −$552
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,258
• Net cashflow: $-663

Break-even live

Break-even rent $11,591

Max offer price $1,229,107

Occupancy floor —

Sensitivity live

Price	-10% $253	-5% $-205	+0% $-663	+5% $-1,121	+10% $-1,578
Rent	-10% $-1,512	-5% $-1,087	+0% $-663	+5% $-238	+10% $187
Rate	-1.0pp $5	-0.5pp $-326	base $-663	+0.5pp $-1,006	+1.0pp $-1,355

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	4	1	$10,752
Total (3 units)			$10,752

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $331,250
• Closing costs: $39,750
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
93 Elliott Ave Apt 2 Yonkers, NY	4.0	1.0	3108	$3,500	$1.13	44d	1	0.79mi
210 Rumsey Rd Yonkers, NY	4.0	3.0	2440	$6,500	$2.66	0d	1	1.07mi
11 Lawrence St Unit 1L Yonkers, NY	4.0	1.0	2000	$3,400	$1.70	20d	1	1.09mi

Listing history 11 events

1. 2026-06-09
   days on market $1,325,000 Active 89 DOM
2. 2026-06-08
   days on market $1,325,000 Active 88 DOM
3. 2026-06-07
   days on market $1,325,000 Active 87 DOM
4. 2026-06-04
   days on market $1,325,000 Active 84 DOM
5. 2026-06-03
   days on market $1,325,000 Active 83 DOM
6. 2026-06-02
   days on market $1,325,000 Active 82 DOM
7. 2026-06-01
   days on market $1,325,000 Active 81 DOM
8. 2026-05-31
   days on market $1,325,000 Active 80 DOM
9. 2026-04-10
   listed $3,500
10. 2026-03-12
    listed $1,350,000 Active 1251-char remark

    Show marketing remark (1251 chars)

    investment opportunity on Buena Vista Ave in Yonkers! This unique 3 unit income-producing property features a legal three family home with an additional bonus unit, offering exceptional flexibility and strong rental potential. Perfectly positioned near the waterfront and just moments from Downtown Yonkers, the property provides convenient access to the vibrant Yonkers waterfront district, restaurants, shops, parks, and Metro-North for an easy commute to New York City. The main structure includes two spacious residential units with comfortable living areas, well-sized bedrooms, and abundant natural light. In addition, the property offers two extra apartments, making it ideal for investors seeking multiple income streams or owner-occupants looking to offset living expenses with rental revenue. Residents will appreciate the scenic waterfront setting, while still being close to everything Downtown Yonkers has to offer. With strong rental demand in the area and multiple units under one roof, this property presents a fantastic opportunity for both seasoned investors and savvy buyers looking for long-term value. Don’t miss the chance to own a versatile, income-generating property in a prime location just minutes from downtown.

11. 1985-05-16
    soldstatus $16,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $129,024
• − Mortgage interest: −$74,221
• − Property taxes: −$19,875
• − Insurance: −$6,625
• − Repairs & maintenance: −$10,322
• − Management: −$10,322
• − Depreciation: −$38,545
• Taxable loss: −$30,886
• Est. tax savings @ 24.0%: +$7,413
• After-tax cash flow: $-540/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Yonkers City School District
• NCES district ID: 3631920
• Math proficiency: 41% ▼ -1.00%
• Reading proficiency: 54% ▲ 14.00%
• Median HH income: $58,042
• Composite: 41.43/100
• National rank: #3471
• State rank: #413 of 590 in NY

Livability — Yonkers

• Score: 68/100
• State rank: #528
• US rank: #9394

Category grades

Amenities F Commute B Cost of living F Crime B- Employment A Housing B- Health & safety B- User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Yonkers, NY
• County: Westchester County · 709,332 people
• City population: 212,407
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 70,676
• Household income: $64,776
• Rent vs Own: 73.3% rent · 26.7% own
• Severe rent burden: 6045.0

Population outlook (Westchester County) Hauer SSP2

• Today (2025): 1,028,035 people
• By 2030: 1,051,636 · +2.3%
• By 2040: 1,098,520 · +6.9%
• By 2050: 1,136,044 · +10.5%
• By 2075: 1,196,925 · +16.4%
• By 2100: 1,175,147 · +14.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Hispanic / Latino 52% White 21% Black 21% Two or more races 18% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 11% Puerto Rican 9% Dominican 19%
• Common ancestry: Romanian 1% Russian 1% Subsaharan African 1%
• Foreign-born: 35% · Canada, Jamaica, South Korea
• Languages at home: 45% English-only · Spanish 42% Other Indo-European 3% Arabic 2%

Political lean MEDSL · Westchester

• 2024 margin: Strong D (+26.3) · D 63.1% · R 36.9%
• 2008→2024 swing: -1.3pp toward R · 2008: 27.6pp · 2024: 26.3pp
• All cycles: 2024: D+26.3 2020: D+36.3 2016: D+32.8 2012: D+22.2 2008: D+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -373.14%
• Current HPI: 332.0999
• Rent YoY: ▲ 4.39%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

-78.1% since first listed

3 events — show timeline

• 2026-04-10 Listed for Rent $3,500 SHOWMOJO
• 2026-03-12 Listed $1,350,000 OneKey® MLS as Distributed by MLS Grid
• 1985-05-16 Sold (Public Records) $16,000 Public Records

Property tax history

-27.1%/yr

Latest (2025): $1,711 · +0.5% YoY. Source: county tax records.