Palmer Road
Apartment #3 F/G
$399,000 Price
3 Bedrooms  

Welcome to the Palmer House located in a secure gated community in North East Yonkers. This combined unit was originally a three bedroom with three baths. The third bedroom has been converted into a formal dining room. With it's generous layout and abundant natural light, this...

Welcome to the Palmer House located in a secure gated community in North East Yonkers. This combined unit was originally a three bedroom with three baths. The third bedroom has been converted into a formal dining room. With it's generous layout and abundant natural light, this property is a blank canvas waiting for your creative touch. With its expansive living areas and charming nooks, the possibilities are endless. Elevator building with common laundry and storage room on the first floor. Live-in super. Smoke Free Campus. Pets are not allowed. Immediate assigned outdoor parking $50/month, waitlist for a garage space $60/month and a second space. Ample parking for visitors. Renting is allowed with Board Approval after being owner occupied for 2 years with a 5% sublet threshold (12-13units). Board requirements include: 20% down, credit score of 740+, Debt to Income Ratios less than 30%, 2 years of salary/work history and a cash balance equivalent to 6 months of living expenses after closing expenses. Assessment in place to replenish Capital Reserve Fund $812,98/month through February 2026. Express bus to NYC just outside the entrance. Easy access to parkways and Bronxville Village with its library, movie theater, restaurants, shops and Metro North Station. Terrific opportunity and a must see!

Listing courtesy of Compass Greater Ny Llc

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Yonkers, New York
Type: Cooperative
Price: $399,000
Date Listed: 1/24/2025
Web ID: 816667

Info & Amenities

Type: Co-op
Bedrooms: 3
Bathrooms: 3.0
Built: 1965

Get to Know Yonkers

Yonkers is a vibrant and diverse city located just north of the Bronx in Westchester County. Often referred to as the 'Gateway to the Hudson Valley,' Yonkers is a place where historic charm meets modern convenience. With its rich history, scenic views, and an array of cultural attractions, the city has something to offer everyone.

More About Yonkers

Neighborhood Guide to Yonkers