What Kind of House Can You Buy in Yonkers for $550,000?
By J. Philip Faranda, Associate Broker / Office Manager
(Howard Hanna Rand Realty)
Yonkers is the largest city in Westchester County with a population hovering near 200,000. It borders the Bronx to the south, Mt Vernon and Bronxville to the east, and Hastings and Scarsdale to the north. It has some fantastic Hudson waterfront all along the western border. It is also the former home of my parents, who both lived on McLean Avenue when they were dating in the 1940s. My father graduated from Roosevelt High school on Tuckahoe Road in 1938. What does 550,000 buy in Yonkers these days? We recently had a buyer close on a 2004-built 2 family brick home on a cul de sac for $555,000. It originally went on the market in 2005 for $900,000. How times have changed. The home has separate utilities, including heat, two 3-bedroom 2 bath apartments, each with its own balcony with a stun...
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