About 720 Palisade Avenue
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.
Features of 720 Palisade Avenue
| MLS® # | 940929 |
|---|---|
| Status | Closed |
| Price Sold | $690,000 |
| Listing Price | $650,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 3,022 |
| Acres | 0.12 |
| Year Built | 1898 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Victorian |
Community Information
| Address | 720 Palisade Avenue |
|---|---|
| City | Yonkers |
| County | Westchester County |
| State | NY |
| Zip Code | 10703 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected |
|---|---|
| Parking | Detached, Driveway |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | First Floor Bedroom, First Floor Full Bath, Pantry, Storage |
|---|---|
| Heating | Hot Water |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Construction | Aluminum Siding |
|---|
School Information
| District | Yonkers |
|---|---|
| Elementary | Yonkers (School Choice) |
| Middle | Yonkers (School Choice) |
| High | Yonkers (School Choice) |
Additional Information
| Date Listed | December 5th, 2025 |
|---|---|
| Days on Market | 271 |
| Taxes | $11,580 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna Rand Realty |
|---|