Yonkers, Westchester County, New York
Selling a home in Yonkers
Yonkers runs along the Hudson with four Hudson Line stations, and it has its own city transfer tax that sellers should plan for.
Get my free home valueAbout Yonkers
Hudson River city on the Saw Mill
Yonkers is the largest city in Westchester County, with 211,569 residents in the 2020 Census. It borders the Bronx and runs along the east bank of the Hudson River. Metro-North's Hudson Line stops at four stations in the city: Ludlow, Yonkers, Glenwood and Greystone. Downtown centers on Getty Square, where the Saw Mill River has been brought back into the open.
Philipse Manor Hall State Historic Site stands in Getty Square, and Untermyer Park and Gardens sits on North Broadway overlooking the river. The city's homes range from riverfront apartment buildings and downtown rentals to brick co-ops, attached houses and wood-frame one- and two-family homes on the hills east of the river.
Homes in Yonkers
What sellers should know
Yonkers has a large stock of co-ops and condos, plus two-family houses that buyers often look at for rental income. Co-op sellers need board approval for the buyer, so the board package matters. For a two-family, have your leases, rent records and certificate of occupancy ready. Older frame houses on steep streets may have retaining walls or additions that buyers will want to see permits for.
Budget for the city transfer tax
Yonkers charges its own real estate transfer tax of 1.5% of the price on sales over $25,000, on top of the state tax. Factor it into your net.
Lead with the station
Say which Hudson Line station is closest: Ludlow, Yonkers, Glenwood or Greystone. Buyers here often search by train stop.
Have the two-family paperwork ready
Buyers of two-family houses ask for the certificate of occupancy and current leases. Gather them before you list.
Clear open permits
Check for open building permits or violations with the city before you list. Old additions and finished basements are common questions here.
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Selling a home in Yonkers: questions
Does Yonkers have its own transfer tax?
Yes. The Yonkers City Code imposes a real estate transfer tax of 1.5% of the consideration when the price is over $25,000. It is separate from the New York State transfer tax.
Who assesses my Yonkers home?
The City of Yonkers has its own assessor, listed with the other Westchester municipal assessors by the County Clerk. Check your assessment before you price the home, since buyers will see the tax bill.
How do I sell a co-op in Yonkers?
You will need the co-op board to approve your buyer. Ask the managing agent for the board package and any flip tax or transfer fee rules early.
Official sources for Yonkers sellers
- City of Yonkers Code: Real Estate Transfer Tax (Ch. 15, Art. V)
- City of Yonkers Code (zoning and building)
- Westchester County Clerk: Municipal Tax Assessors
- Westchester County Clerk: Land Records
- Philipse Manor Hall State Historic Site
- Untermyer Gardens Conservancy