58 Palmer Rd

Yonkers, NY 10701
  • $625,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing EXPRLT - 45874

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.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 1042859
Year Built 1956
Total Square Footage 0
Lot/Acreage 0.08
School District Yonkers
Elementary School Yonkers (School Choice)
Middle School Yonkers (School Choice)

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Storage Space,Walk-Out Access
  • Other: High Ceilings,Natural Woodwork,Storage,Walk Through Kitchen
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $9,263
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1800-002-000-02190-000-0071
  • Tax Year: N/A

Payment Calculator

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58 Palmer Rd Yonkers, NY 10701

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