Michael P. Leach
Licensed Real Estate Salesperson
REALTOR®
Johnstown, NY
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58 Palmer Road , Yonkers, NY 10701

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Property Description

Welcome to 58 Palmer Road in Yonkers, a classic semi-attached two-family home in the desirable Bryn Mawr (Bryn Mawr Park) neighborhood that is truly a diamond in the rough. This is a major opportunity for the right buyer or investor who has vision and is ready to put in the TLC-because while the property needs a significant amount of work, it has been priced accordingly and sits in a prime, high-demand location.The layout offers excellent flexibility. The main level features a spacious four-bedroom, two-bath duplex that opens onto a porch and leads out to a very spacious, long backyard-ideal for outdoor living, entertaining, or future enhancement once renovated. Below is a convenient ground-floor one-bedroom, one-bath walk-in unit with its own entrance. Together, the configuration supports living in one unit while collecting rent from the other, or operating the entire property as a pure investment after renovations.Location is a standout strength. Palmer Road sits right by major highways, with immediate access via the Saw Mill River Parkway (Exit 5A at Palmer Road) and quick connections to I-87 (the New York State Thruway/Major Deegan), the Cross County Parkway, and other routes. This makes commuting into Manhattan or around Westchester straightforward. The Bryn Mawr area itself is an established residential neighborhood with a mix of single- and multi-family homes, nearby green spaces including Welty Park, access toward Tibbetts Brook Park and the South County Trailway, local shopping and services, and proximity to well-regarded schools such as Saunders Trades & Technical High School (located on Palmer Road). The combination of convenience, parks, and everyday amenities keeps demand strong in this part of Yonkers.This is not a turnkey property-it will require meaningful renovation and a clear vision. But for the buyer or investor prepared to put in the work, the upside is clear: renovate, then either occupy one unit and generate rental income from the other, or hold it fully as an income-producing asset in a location that supports long-term value. Priced to reflect its current condition, 58 Palmer Road represents a genuine opportunity for someone ready to unlock its potential.

58 Palmer Road | MLS# 1042859

This multi-family property located at 58 Palmer Road , Yonkers, NY 10701 is currently listed for sale with an asking price of $625,000. Palmer Road is located within the Yonkers school district. Search Yonkers real estate on michael-leach.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Storage Space, Walk-Out Access
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Other
Home Style: Chalet
Lot Size: 0.08 Acres
Taxes: $9,263
Year Built: 1956

Amenities

High Ceilings
Natural Woodwork
Other
Storage
Walk Through Kitchen

Feature Descriptions

Building Area Total: 1544
Days on Site: 3
Exterior: Brick, Frame
Heating Units: 1
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
On Market Date: 2026-08-25
Parcel Number: 1800-002-000-02190-000-0071
Parking Features: Driveway
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: Yonkers (School Choice)
Middle School: Yonkers (School Choice)
Elementary School: Yonkers (School Choice)
School District: Yonkers

Estimate Your Payment

Estimated Payment

$ 2,345.19 per month $1,390.98 Principal & Interest $771.92 Property Tax $182.29 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: eXp Realty
Agency Contact: 888-276-0630

Shown By

Agent Name: Michael P. Leach
Agent Phone: (518) 944-8880 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 08/29/2026. The listing information on this page last changed on 08/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/29/2026 12:11:57 AM EST) or Global MLS (last updated Sat 08/29/2026 12:07:36 AM EST) or New York State Alliance MLS (last updated Sat 08/29/2026 12:07:13 AM EST) or Hudson Valley Catskill Region MLS (last updated Sat 08/29/2026 12:01:13 AM EST) or Berkshire MLS (last updated Fri 08/28/2026 8:13:57 PM EST) or OneKey MLS (last updated Sat 08/29/2026 12:07:21 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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