Seller's Agent in 2026
Ryan Paige
Corcoran Baer & McIntosh
(845) 825-4778
1 in this area
151 Total Sales
42 Alder St Yonkers, NY 10701
Nodine Hill Neighborhood
6
Beds
2
Baths
1,620
Sq Ft
1,742
Sq Ft Lot Lot
Highlights
- Main Floor Bedroom
- Entrance Foyer
- 3 Car Garage
- Ductless Heating Or Cooling System
- Bathroom on Main Level
- Heating Available
About This Home
As of May 2026"CASHFLOW CORNER" - Tucked along a quiet residential stretch on a corner lot in the heart of Yonkers, 42 Alder Street presents a compelling opportunity where strong numbers meet thoughtful renovation. Just moments from Metro-North stations, major parkways and a seamless commute into Manhattan, this bright and beautifully updated two-family duplex offers the rare balance of lifestyle flexibility and investment performance. With New York City within easy reach and the vibrancy of downtown Yonkers - its waterfront, restaurants, shops and neighborhood conveniences just minutes away, the location speaks as confidently as the property itself. Inside, both units (3 bed/1 bath) have been fully renovated in 2025, offering clean, modern finishes designed for today’s tenants and discerning owner-occupants alike. Gorgeous flooring runs throughout, complemented by updated kitchens with stainless steel appliances and baths that feel fresh, polished, and turnkey. New windows, backed by a lifetime warranty, invite in abundant natural light, while a new roof and energy-efficient boiler enhance long-term durability and operational efficiency. Each unit is equipped with mini-split systems providing efficient heating and cooling, adding another layer of comfort and cost control. Three separate meters serve the property, with the second-floor tenant paying their own gas and electric, while the owner’s electric expense for the first floor remains remarkably low - approximately $90 per month. Solar panels, currently leased at just $70 per month, offer optional continuity for the next owner or the flexibility to remove them at closing. For investors, the numbers are as attractive as the finishes. The property generates $81,300 in gross annual income, with both residential units and the three-car garage fully rented. The garage provides additional steady cash flow and opens the door to continued use for tenant parking or expanded storage revenue. With low operating expenses and an approximate 7.2% cap rate, this is a stabilized turn-key asset positioned for dependable returns. For an owner-occupant, the opportunity becomes even more dynamic, live in one beautifully renovated unit while the second unit and garage income help offset expenses and build equity. An unfinished basement offers yet another layer of potential, with the possibility to convert into an additional two-bedroom unit as well as washer/dryer hookups, further enhancing income and value over time. Back staircase from either unit can be used to access the basement. Outside, a fenced yard completes the offering, creating a practical and attractive setting for tenants and residents alike. 42 Alder Street is more than a two-family home, it is a strategic acquisition in a thriving market. Whether you are a seasoned investor seeking solid returns or a first-time buyer looking to anchor your future with rental income, this Yonkers property delivers both immediate performance and long-term upside in one cohesive, move-in-ready package. Both units are 3 bed, 1 bath units.
Last Agent to Sell the Property
Corcoran Baer & McIntosh Brokerage Phone: 845-358-9440 License #10401301918 Listed on: 03/04/2026
Co-Listed By
Corcoran Baer & McIntosh Brokerage Phone: 845-358-9440 License #10401293760
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,093
Year Built
- Built in 1923 | Remodeled in 2025
Lot Details
- 1,742 Sq Ft Lot
Parking
- 3 Car Garage
- On-Street Parking
Home Design
- Duplex
- Frame Construction
Interior Spaces
- Entrance Foyer
- Laminate Flooring
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, heat
- Assessor Parcel Number 1800-001-000-00430-000-0001
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 4, 2025
Sold by
Ponceano Joaquin S and Terrero Ydania Lucas
Bought by
Jayp Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,606
Outstanding Balance
$65,942
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$806,214
Purchase Details
Listed on
Jul 19, 2023
Closed on
Oct 4, 2023
Sold by
Rivera Saul
Bought by
Ponceano Joaquin S and Terrero Ydania Lucas
Seller's Agent
Zuzana Dankova
HomeSmart Homes & Estates
List Price
$675,000
Sold Price
$725,000
Premium/Discount to List
$50,000
7.41%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$543,750
Interest Rate
7.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 2021
Sold by
Mateo Edwin and Rivera Saul
Bought by
Rivera Saul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
2.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2021
Sold by
Saul Rivera
Bought by
Mateo Edwin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
2.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 28, 2014
Closed on
Dec 23, 2014
Sold by
Crann Ard Holdings Llc
Bought by
Rivera Saul
Seller's Agent
Al Posillico
Keller Williams Realty Group
Buyer's Agent
Betty Johnson Ledesma
Howard Hanna Rand Realty
List Price
$385,000
Sold Price
$330,000
Premium/Discount to List
-$55,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$264,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2009
Sold by
Jd Venture Capital Llc
Bought by
Crann Ard Holdings Llc
Purchase Details
Closed on
Oct 13, 2006
Sold by
Ocampo Mercedes
Bought by
Noda Sunilda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2006
Sold by
Nouel Rafael
Bought by
Ocampo Mercedes
Purchase Details
Closed on
Apr 22, 2004
Sold by
Espinosa Arelis and Nouel Carlos
Bought by
Nouel Rafael A
Purchase Details
Closed on
Aug 4, 1999
Sold by
Vandyck Judy and Vandyck Eva
Bought by
Espinosa Arelis and Nouel Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,919
Interest Rate
8.11%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Metropolitan Abstract | |
| Bargain Sale Deed | $725,000 | Amtrust Title | |
| Interfamily Deed Transfer | -- | Record & Return Title Agency | |
| Warranty Deed | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | Record & Return Ttl Agcy Inc | |
| Bargain Sale Deed | $330,000 | Agent For First Amer Title I | |
| Bargain Sale Deed | $338,000 | Castle Title Ins Agency Inc | |
| Bargain Sale Deed | $445,000 | None Available | |
| Bargain Sale Deed | $400,000 | Stewart Title | |
| Interfamily Deed Transfer | $340,000 | Washington Title Ins Co | |
| Deed | $160,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $66,606 | New Conventional | |
| Previous Owner | $543,750 | New Conventional | |
| Previous Owner | $253,000 | New Conventional | |
| Previous Owner | $264,000 | New Conventional | |
| Previous Owner | $445,000 | Purchase Money Mortgage | |
| Previous Owner | $159,919 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/26/2026 05/26/26 | Sold | $900,000 | +0.6% | $556 / Sq Ft | |
| 03/24/2026 03/24/26 | Pending | -- | -- | -- | |
| 03/04/2026 03/04/26 | For Sale | $895,000 | 0.0% | $552 / Sq Ft | |
| 01/30/2024 01/30/24 | Rented | $2,750 | 0.0% | -- | |
| 01/24/2024 01/24/24 | Off Market | $2,750 | -- | -- | |
| 12/27/2023 12/27/23 | For Rent | $2,750 | 0.0% | -- | |
| 10/04/2023 10/04/23 | Sold | $725,000 | 0.0% | $448 / Sq Ft | View Prior Sale |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- | |
| 07/28/2023 07/28/23 | Off Market | $725,000 | -- | -- | |
| 07/19/2023 07/19/23 | For Sale | $675,000 | +104.5% | $417 / Sq Ft | |
| 12/29/2014 12/29/14 | Sold | $330,000 | -14.3% | $204 / Sq Ft | View Prior Sale |
| 11/17/2014 11/17/14 | Pending | -- | -- | -- | |
| 03/28/2014 03/28/14 | For Sale | $385,000 | -- | $238 / Sq Ft |
Source: OneKey® MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,094 | $9,700 | $1,500 | $8,200 |
| 2024 | $1,751 | $9,700 | $1,500 | $8,200 |
| 2023 | $1,737 | $9,700 | $1,500 | $8,200 |
| 2022 | $1,721 | $9,700 | $1,500 | $8,200 |
| 2021 | $8,302 | $9,700 | $1,500 | $8,200 |
| 2020 | $8,303 | $9,700 | $1,500 | $8,200 |
| 2019 | $9,595 | $9,700 | $1,500 | $8,200 |
| 2018 | $7,849 | $9,700 | $1,500 | $8,200 |
| 2017 | $0 | $9,700 | $1,500 | $8,200 |
| 2016 | $8,660 | $9,700 | $1,500 | $8,200 |
| 2015 | -- | $9,700 | $1,500 | $8,200 |
| 2014 | -- | $9,700 | $1,500 | $8,200 |
| 2013 | -- | $9,700 | $1,500 | $8,200 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Paige
-
Adam Blankfort
Seller Co-Listing Agent in 2026
Adam Blankfort
Corcoran Baer & McIntosh
(845) 641-3255
1 in this area
157 Total Sales
-
Joel Ayala
Buyer's Agent in 2026
Joel Ayala
HomeSmart Homes & Estates
(917) 476-8602
1 in this area
70 Total Sales
-
Abel Curiel
Seller's Agent in 2024
Abel Curiel
EXP Realty
(917) 579-0146
55 Total Sales
-
Ivette Guzman
Seller Co-Listing Agent in 2024
Ivette Guzman
EXP Realty
(917) 295-8572
16 Total Sales
-
Zuzana Dankova
Z
Seller's Agent in 2023
Zuzana Dankova
HomeSmart Homes & Estates
(914) 879-4405
1 in this area
22 Total Sales
Map
Source: OneKey® MLS
MLS Number: 965448
APN: 1800-001-000-00430-000-0001
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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