$599,999

56 Hunt Avenue, Yonkers, NY 10710

  • 3 beds |
  • 2 baths |
  • 1,700 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon2,561sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $353/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Diamond in the Rough | Investor & Developer Opportunity | 56 Hunt Ave | $599,99 A true “Diamond in the Rough” with tremendous potential for investors, developers, contractors, or buyers looking to create substantial value. Offered at $599,999, 56 Hunt Ave presents a unique opportunity to acquire an existing home together with additional lot space totaling approximately 5,000 square feet. The existing standing property is approximately 1,700 square feet, including the basement, and requires a full gut renovation. The renovation will include bringing the electrical system up to current code, along with updates such as fresh paint, flooring, doors, windows, kitchen appliances, and other cosmetic and functional improvements. What truly sets this property apart is the Additional approximately 5,000 square feet of combined lot space that comes with it . It is uncommon to find an opportunity with this amount of land and the potential to renovate the existing home while exploring the possibility of constructing a second family residence on the additional lot space, subject to zoning, permits, approvals, and buyer due diligence. The property has had only one owner and offers multiple potential avenues for value creation. An investor could renovate and modernize the existing home while simultaneously exploring the development of an additional family residence. Once completed, the two properties could potentially be marketed separately, creating the opportunity for significant equity and return on investment. The value proposition is clear: acquire, renovate, develop, and maximize the property’s potential. With the right vision and execution, this could be an opportunity to recapture the initial investment and potentially generate additional profit, subject to construction costs, market conditions, zoning, approvals, and final resale values. 56 Hunt Ave is not your typical renovation project. It is a rare land-and-development opportunity for a buyer who can see beyond the current condition and recognize the potential. Offered at $599,999. Buyers are strongly encouraged to conduct their own independent due diligence regarding zoning, buildable area, property lines, permits, approvals, construction feasibility, and development potential.

Listing Status:
Active
Data Last Updated:
October 5, 2026 at 10:22PM
Listing Office:
Real Broker NY LLC : 855-450-0442
MLS ID:
1039612
  • General: First Floor Bedroom
  • Appliances: Gas Oven
  • Basement: Partially Finished
  • A/C: None
  • Heating: Oil
  • Style: Traditional
  • Parking: Attached
  • Originating MLS: onekey2
  • School District: Yonkers
  • County: Westchester County
  • Zoning: 1800-003-000-03137-000-0007
  • Utilities: Electricity Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Real Broker NY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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