Compass Greater NY, LLC
Kevin Lang, Compass Greater NY, LLCPhone: (914) 906-4558
Email: [email protected]

Another Property Sold - 5 Purser Place, Yonkers, NY 10705

by Kevin Lang 07/28/2021

5 Purser Place, Yonkers, NY 10705
Residential IncomeSold
List Price $452,830
Sold Price $452,830
5 Purser Place
Yonkers, NY 10705
Listed by: Re/max Distinguished Hms.&Prop, 914-346-8255
Est. Mortgage

Great opportunity to own an income producing property in Yonkers with low taxes. This 2 family home has two 2 bed apts. Each apartment has an EIK, comfortable sized living room with large bay windows and dining area. Additional sqft not counted in the listing sqft for the full finished basement featuring a storage room, laundry and backyard access. Backyard has a shed and is a flat yard for entertaining. House is in a convenient location, located a few blocks from the Ludlow Metro North Station & Riverdale Ave for the Bee Line bus. This home is part of the Yonkers Affordable Housing Program. Maximum income guidelines: 1 person $70,480/ 2 people $80,560/ 3 people $90,640/ 4 people $100,640/ 5 people $108,720/ 6 people $116,800 & buyers Debt To Income ratios cant exceed 33% for housing debt & 38% for total debt. The Property must remain part of the affordable house program until 2030 & subject to affordable housing guidelines. Buyers must fill out Yonkers Affordable Housing Application.

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About the Author

Kevin Lang

Westchester real estate expert Kevin Lang provides an unparalleled understanding of the local market that makes him an indispensable asset to buyers, sellers and investors throughout the area. Real estate has always been Kevin's passion, and his enthusiasm for the business and his desire to achieve the best possible outcomes for clients is evident to all who work with him.