1841 Central Park Ave Unit 8G · Yonkers, NY 10103

$175,000

1 bd · 1.0 ba · 800 sqft · Condo · 30 Days on market

Built 1967

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Why this score? — see what drove the C- 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).

• Cash flow +11.9/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Schools +4.1/10.0
• DSCR +3.5/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Stunning 1 Bedroom coop nestled away in the heart of Westchester Hills vicinity of Yonkers boasting an amazing Terrace with tree top views of the Manhattan Skyline. This immaculate and pristine apartment is presented in total move-in condition. This sun-drenched coop offers an updated Kitchen with Granite counter tops, ceramic tile finish and SS appliances. The living room is very spacious with enough room for a Dining area or Home office. The hall bathroom has been completely renovated from top to bottom with a subway tile finish and lovely fixtures. Enjoy the long Summer evenings on your awesome terrace after a hard days work. This complex has a host of amenities that include an Olympic size Pool, Doorman, Community Center, Bar-B-Q area and a Deli for shopping. Truly a commuters dream- just a short distance to buses, trains, shopping centers, major parkways and 28 minutes to Manhattan. This is the perfect blend of comfort, convenience and affordability!!!

Key facts

• Modernized kitchen
• Doorman service
• Concierge

Tags

• MODERNIZED KITCHEN
• PRIVATE BALCONY
• SEASONAL OUTDOOR POOL
• ON-SITE LAUNDRY
• CONCIERGE
• DOORMAN SERVICE

Property features AI

Exterior

• Parking: Assigned parking; 1 covered carport space; Parking fee required ($70)
• Utilities: Public sewer; Cable available and connected; Electricity available
• Home design: Stock cooperative
• Construction: Brick construction
• Exterior features: Brick construction; Not waterfront; No additional parcels

Interior

• Kitchen: Energy Star qualified appliances
• Bedrooms: 3 rooms total (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating
• Interior features: Elevator; Patio
• Laundry & utility: No basement

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $175k.

Deal economics

• At list price, monthly cash flow is $-44 ($-523/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $175k).
• Recommended offer: $172k (1.5% below list) — sets the bar for market timing.

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: 5 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($1k loan paydown + $5k appreciation (3.0% local appreciation)).
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~7 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 36% of rent.
• 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 $172,375 (1.5% 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. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. 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: 1.56% ✓
• Cap rate: 5.99%
• Cash-on-cash: -1.07%
• DSCR: 0.95
• GRM: 5.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 6.7%
• Equity multiple: 1.39×
• Total profit: $18,956
• Equity at exit: $78,688

10-year hold

• IRR: 9.7%
• Equity multiple: 2.48×
• Total profit: $72,295
• Equity at exit: $121,267

Cash invested: $49,000 (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 10103

• Active inventory: 5
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $2,733 high
• Mortgage (P&I): −$918
• Tax est. 1.5%: −$219 /mo · $2,625/yr
• Insurance: −$73
• HOA est. from 1 same-building comp: −$993
• Vacancy / Maint / Mgmt: −$574
• Net cashflow: $-44

Break-even live

Break-even rent $2,788

Max offer price $168,691

Occupancy floor 97%

Sensitivity live

Price	-10% $77	-5% $17	+0% $-44	+5% $-104	+10% $-165
Rent	-10% $-259	-5% $-152	+0% $-44	+5% $64	+10% $172
Rate	-1.0pp $45	-0.5pp $1	base $-44	+0.5pp $-89	+1.0pp $-135

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
70 Roundhill Dr Yonkers, NY	2.0	1.0	775	$3,200	$4.13	44d	1	0.32mi
4 Sadore Ln Unit 2W Yonkers, NY	1.0	1.0	800	$2,000	$2.50	18d	1	0.43mi
717 Tuckahoe Rd Unit 16A Yonkers, NY	1.0	1.0	650	$2,495	$3.84	5d	1	0.75mi
1549 Central Park Ave Yonkers, NY	2.0	1.0	850	$2,400	$2.82	44d	1	0.76mi
128 Colonial Pkwy Unit 3B Yonkers, NY	1.0	1.0	871	$2,750	$3.16	44d	1	0.78mi
12 Wainwright Ave Apt 1B Yonkers, NY	1.0	1.0	700	$1,950	$2.79	44d	1	0.79mi
8 Wainwright Ave Unit 2A Yonkers, NY	—	1.0	700	$1,600	$2.29	8d	1	0.82mi
601 Ridge Hill Blvd Yonkers, NY	2.0	1.0–2.0	819	$3,500	$4.27	8d	14	0.84mi
42 Winchester Ave Unit 2A Yonkers, NY	1.0	1.0	700	$2,100	$3.00	15d	1	0.93mi
21 Scarsdale Rd Yonkers, NY	2.0	1.0	835	$3,795	$4.54	3d	21	1.00mi
1 Elm St Unit 3B Tuckahoe, NY	2.0	1.0	1100	$3,200	$2.91	8d	1	1.00mi
1 Elm St Unit 3B Tuckahoe, NY	2.0	1.0	1100	$3,200	$2.91	11d	1	1.00mi
2 Consulate Dr Unit 1J Tuckahoe, NY	1.0	1.0	750	$2,700	$3.60	13d	1	1.05mi
50 Columbus Ave Unit 817 Tuckahoe, NY	1.0	1.0	750	$3,000	$4.00	23d	1	1.16mi
50 Columbus Ave Apt 909 Tuckahoe, NY	2.0	2.0	871	$3,800	$4.36	0d	1	1.16mi
111 Kensington Rd Unit 8 Bronxville, NY	1.0	1.0	825	$2,650	$3.21	14d	1	1.18mi
300 Columbus Ave Tuckahoe, NY	—	1.0	766	$3,100	$4.05	20d	5	1.18mi
39 Maynard St Unit 2E Tuckahoe, NY	2.0	1.0	875	$2,650	$3.03	44d	1	1.21mi
64 Kensington Rd Apt 1A Bronxville, NY	1.0	1.0	800	$2,895	$3.62	12d	1	1.27mi
212 Alpine Pl Tuckahoe, NY	1.0	1.0	700	$2,700	$3.86	21d	1	1.27mi
28 Kenilworth Rd Unit The Cottage Yonkers, NY	1.0	1.0	600	$1,950	$3.25	15d	1	1.33mi
23 Belknap Ave Yonkers, NY	1.0	1.0	700	$2,300	$3.29	25d	1	1.35mi
64 Sagamore Rd Unit A6 Bronxville, NY	1.0	1.0	850	$2,900	$3.41	5d	1	1.36mi
47 Morgan St Eastchester, NY	2.0	1.0	1000	$4,000	$4.00	44d	1	1.38mi
40 Jackson Ave Eastchester, NY	1.0	1.0	725	$2,950	$4.07	15d	1	1.43mi
Glen Rd Unit H Eastchester, NY	1.0	1.0	612	$2,200	$3.59	44d	1	1.43mi
2 Park Ave Unit 1B Eastchester, NY	1.0	1.0	740	$2,500	$3.38	44d	1	1.47mi
Fisher Ave Eastchester, NY	1.0	1.0	731	$2,500	$3.42	44d	1	1.48mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: pooldoorman
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 17 events

1. 2026-06-07
   days on market $175,000 Active 30 DOM
2. 2026-06-04
   days on market $175,000 Active 27 DOM
3. 2026-06-03
   days on market $175,000 Active 26 DOM
4. 2026-06-02
   days on market $175,000 Active 25 DOM
5. 2026-06-01
   days on market $175,000 Active 24 DOM
6. 2026-05-31
   days on market $175,000 Active 23 DOM
7. 2026-05-08
   listed $175,000 Active 421-char remark
8. 2025-03-10
   soldstatus $192,000 Closed 971-char remark

   Show marketing remark (971 chars)

   Stunning 1 Bedroom coop nestled away in the heart of Westchester Hills vicinity of Yonkers boasting an amazing Terrace with tree top views of the Manhattan Skyline. This immaculate and pristine apartment is presented in total move-in condition. This sun-drenched coop offers an updated Kitchen with Granite counter tops, ceramic tile finish and SS appliances. The living room is very spacious with enough room for a Dining area or Home office. The hall bathroom has been completely renovated from top to bottom with a subway tile finish and lovely fixtures. Enjoy the long Summer evenings on your awesome terrace after a hard days work. This complex has a host of amenities that include an Olympic size Pool, Doorman, Community Center, Bar-B-Q area and a Deli for shopping. Truly a commuters dream- just a short distance to buses, trains, shopping centers, major parkways and 28 minutes to Manhattan. This is the perfect blend of comfort, convenience and affordability!!!

9. 2025-01-03
   status Pending 971-char remark

   Show marketing remark (971 chars)

   Stunning 1 Bedroom coop nestled away in the heart of Westchester Hills vicinity of Yonkers boasting an amazing Terrace with tree top views of the Manhattan Skyline. This immaculate and pristine apartment is presented in total move-in condition. This sun-drenched coop offers an updated Kitchen with Granite counter tops, ceramic tile finish and SS appliances. The living room is very spacious with enough room for a Dining area or Home office. The hall bathroom has been completely renovated from top to bottom with a subway tile finish and lovely fixtures. Enjoy the long Summer evenings on your awesome terrace after a hard days work. This complex has a host of amenities that include an Olympic size Pool, Doorman, Community Center, Bar-B-Q area and a Deli for shopping. Truly a commuters dream- just a short distance to buses, trains, shopping centers, major parkways and 28 minutes to Manhattan. This is the perfect blend of comfort, convenience and affordability!!!

10. 2024-12-06
    listed $195,000 Active 971-char remark

    Show marketing remark (971 chars)

    Stunning 1 Bedroom coop nestled away in the heart of Westchester Hills vicinity of Yonkers boasting an amazing Terrace with tree top views of the Manhattan Skyline. This immaculate and pristine apartment is presented in total move-in condition. This sun-drenched coop offers an updated Kitchen with Granite counter tops, ceramic tile finish and SS appliances. The living room is very spacious with enough room for a Dining area or Home office. The hall bathroom has been completely renovated from top to bottom with a subway tile finish and lovely fixtures. Enjoy the long Summer evenings on your awesome terrace after a hard days work. This complex has a host of amenities that include an Olympic size Pool, Doorman, Community Center, Bar-B-Q area and a Deli for shopping. Truly a commuters dream- just a short distance to buses, trains, shopping centers, major parkways and 28 minutes to Manhattan. This is the perfect blend of comfort, convenience and affordability!!!

11. 2014-03-15
    price $135,000

    Show marketing remark (411 chars)

    Live the Good Life @ sought after Westchester Towers Complex. Cozy One (l) Bedroom, 1 Bath with Balcony with view. New Kitchen, parquet floors, Track Lighting in Living Rm. Doorman, Pool, Dentist, Deli, Drycleaners all on premises. Short stroll to shopping. Express bus to N. Y. C. Won't Last! Maintenance does not reflect STAR reduction. Fuel Surcharge temporarily suspended for the months of June thru Sept.

12. 2007-10-16
    historical

    Show marketing remark (411 chars)

    Live the Good Life @ sought after Westchester Towers Complex. Cozy One (l) Bedroom, 1 Bath with Balcony with view. New Kitchen, parquet floors, Track Lighting in Living Rm. Doorman, Pool, Dentist, Deli, Drycleaners all on premises. Short stroll to shopping. Express bus to N. Y. C. Won't Last! Maintenance does not reflect STAR reduction. Fuel Surcharge temporarily suspended for the months of June thru Sept.

13. 2007-10-16
    soldstatus $135,000

    Show marketing remark (411 chars)

    Live the Good Life @ sought after Westchester Towers Complex. Cozy One (l) Bedroom, 1 Bath with Balcony with view. New Kitchen, parquet floors, Track Lighting in Living Rm. Doorman, Pool, Dentist, Deli, Drycleaners all on premises. Short stroll to shopping. Express bus to N. Y. C. Won't Last! Maintenance does not reflect STAR reduction. Fuel Surcharge temporarily suspended for the months of June thru Sept.

14. 2007-08-20
    price $138,500

    Show marketing remark (411 chars)

    Live the Good Life @ sought after Westchester Towers Complex. Cozy One (l) Bedroom, 1 Bath with Balcony with view. New Kitchen, parquet floors, Track Lighting in Living Rm. Doorman, Pool, Dentist, Deli, Drycleaners all on premises. Short stroll to shopping. Express bus to N. Y. C. Won't Last! Maintenance does not reflect STAR reduction. Fuel Surcharge temporarily suspended for the months of June thru Sept.

15. 2007-04-30
    listed $138,500

    Show marketing remark (411 chars)

    Live the Good Life @ sought after Westchester Towers Complex. Cozy One (l) Bedroom, 1 Bath with Balcony with view. New Kitchen, parquet floors, Track Lighting in Living Rm. Doorman, Pool, Dentist, Deli, Drycleaners all on premises. Short stroll to shopping. Express bus to N. Y. C. Won't Last! Maintenance does not reflect STAR reduction. Fuel Surcharge temporarily suspended for the months of June thru Sept.

16. 2001-03-15
    historical
17. 2000-09-19
    listed

ⓘ 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 3/10 Moderate
• 🌡 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 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,792
• − Mortgage interest: −$9,803
• − Property taxes: −$2,625
• − Insurance: −$875
• − Repairs & maintenance: −$2,623
• − Management: −$2,623
• − HOA: −$11,916
• − Depreciation: −$5,091
• Taxable loss: −$2,765
• Est. tax savings @ 24.0%: +$664
• After-tax cash flow: $140/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

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%

Not yet ingested

• Political lean: —
• Race & ethnicity: —
• Common origin: —
• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

+26.4% since first listed

11 events — show timeline

• 2026-05-08 Listed $175,000 OneKey® MLS as Distributed by MLS Grid
• 2025-03-10 Sold (MLS) $192,000 OneKey® MLS as Distributed by MLS Grid
• 2025-01-03 Pending — OneKey® MLS as Distributed by MLS Grid
• 2024-12-06 Listed $195,000 OneKey® MLS as Distributed by MLS Grid
• 2014-03-15 Price Changed $135,000 HGMLS
• 2007-10-16 Delisted — HGMLS
• 2007-10-16 Sold (MLS) $135,000 HGMLS
• 2007-08-20 Price Changed $138,500 HGMLS
• 2007-04-30 Listed $138,500 HGMLS
• 2001-03-15 Delisted — HGMLS
• 2000-09-19 Listed — HGMLS