Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 8-bedroom, 4-bathroom residential multi family at 251 Valentine Lane in Yonkers, NY is listed for $1,350,000. Built in 1900, on a 0.18 acres lot.

Agent Description

251 Valentine Lane presents a compelling opportunity to acquire a 4-family multifamily investment property in a centrally located Yonkers neighborhood supported by consistent rental demand and long-term appreciation fundamentals. This asset is well suited for buy-and-hold investors, portfolio expansion, 1031 exchange buyers, or owner-occupant investors seeking durable income in Westchester County.

The property consists of four income-producing residential units, offering diversified rental streams that help reduce vacancy exposure and enhance income stability compared to smaller residential investments. Multifamily properties of this size remain highly attractive due to operational efficiencies, favorable financing options, and their proven ability to perform across varying market cycles.

A key value driver is off-street parking, a premium amenity in Yonkers that continues to support strong tenant demand and long-term retention. In urban and near-urban rental markets, parking availability remains a meaningful differentiator that can improve leasing velocity, reduce turnover, and support higher effective rents over time.

The property's central Yonkers location provides convenient access to major roadways, public transportation, employment centers, retail corridors, and essential services. This accessibility supports a broad and stable tenant base. Yonkers continues to benefit from its proximity to New York City while offering relative affordability within Westchester County, contributing to sustained rental demand and long-term investment appeal.

From an investment perspective, 251 Valentine Lane offers multiple strategic pathways. Investors may pursue a traditional buy-and-hold strategy, capturing steady rental income while benefiting from appreciation in a supply-constrained market. The asset may also present value-add potential through selective unit improvements, operational efficiencies, or rent optimization over time, subject to existing leases and property condition.

Importantly, the 4-unit configuration also makes this property highly attractive to owner-occupant investors. Buyers have the opportunity to reside in one unit while generating rental income from the remaining apartments, effectively offsetting housing costs while building equity.

This strategy continues to be popular among investors seeking both lifestyle flexibility and long-term wealth creation. The ability to appeal to owner-occupants also enhances future marketability and liquidity upon resale. Westchester County multifamily assets remain in high demand among both local and out-of-area investors due to limited inventory, stable tenant demand, and historically strong market performance.

Yonkers, in particular, continues to draw interest as a gateway market offering accessibility, scale, and long-term growth potential.

Key Features

  • Built in 1900
  • 0.18 acre lot

Property Details

4 full
1900

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

251 Valentine Lane

Yonkers, NY 10705

Features & Amenities

Interior Features

Original DetailsStorage

Property Details

Construction

Brick

Parking

Garage

Heating

Natural GasRadiant

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 251 Valentine Lane is listed at $1,350,000. The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.18 acre lot. Interior Features: Original Details, Storage.

This property is listed by Crystal Hawkins Syska and can be reached at (914) 437-6100 or crystal@crystalclearre.com.

Similar Homes in Yonkers

View all
CS

Crystal Hawkins Syska

Agent at Keller Williams NY Realty

(914) 437-6100

Listed by Keller Williams NY Realty

MLS# 949827· Source: listhub· Updated 78 days ago

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

251 Valentine Lane, Yonkers, NY 10705

Open this listing in: