Crestwood

Yonkers, NY

Neighborhood Market Analysis

Q3 2025 Report
$891,445 (Feb 2025)
Median Home Price
63 (Car-dependent, but walkable to Crestwood Metro-North, local shops, and parks)
Walkability Score
Above average; Paideia 15 and Yonkers High have strong reputations for academics and safety.
School Rating

Location Overview

Neighborhood Boundaries

Generally north of the Bronx River Parkway, bordered by Scarsdale to the north, Bronxville to the east, and Tuckahoe Road to the south. ZIP codes primarily 10707 and 10710.

Zip Codes

1070710710

Market Data Summary

Price Range$800,000–$1,200,000+ (3BR homes avg. $840,594; 4BR homes avg. $969,262)
Price per Sq FtApprox. $314 (Yonkers avg.); Crestwood likely higher due to premium housing stock
Inventory LevelsLow to moderate; slight increase in listings since early 2025, but still below pre-pandemic norms.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesSome two-family homes

Architectural Styles

ColonialTudorCape CodRanchVictorian

Property Details

Typical Lot Sizes0.15–0.30 acres (6,500–13,000 sq ft)
Home Age Range1920s–1950s, with some newer infill and renovations
Construction QualityGenerally high; many homes feature original details, hardwood floors, and masonry exteriors.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly families and professionals; diverse age range; high rate of homeownership.

Community Vibe

Suburban, close-knit, pride of ownership, active neighborhood association.

Typical Residents

  • Families
  • Professionals
  • Empty nesters
  • Long-term residents

Family Friendly

Very; quiet streets, parks, and strong school reputation attract families.

Amenities & Lifestyle

Parks & Recreation

  • Sprain Ridge Park
  • Bronx River Pathway
  • Crestwood Library
  • Local playgrounds

Dining Options

  • Italian trattorias
  • Cafés
  • Family diners
  • Pizzerias

Shopping Centers

  • Ridge Hill
  • Cross County Shopping Center (short drive)

Local Businesses

  • Crestwood Station Plaza shops
  • Neighborhood bakeries
  • Dry cleaners
  • Boutique fitness studios

Education & Schools

Above average; Paideia 15 and Yonkers High have strong reputations for academics and safety.
Overall School Rating

Elementary Schools

  • Paideia School 15 (public)

Middle Schools

  • Yonkers Middle/High School

High Schools

  • Yonkers High School

Private Schools

  • St. Vladimir’s Orthodox Theological Seminary
  • Nearby Bronxville and Scarsdale private schools

Transportation & Accessibility

Transit & Roads

Public Transit

  • Crestwood Metro-North Station (Harlem Line, 30 min to Grand Central)
  • Bee-Line Bus routes

Major Roads

  • Bronx River Parkway
  • Central Park Avenue
  • Tuckahoe Road

Commute & Walkability

Commute Times30–40 min to Manhattan by train; 25–35 min by car (off-peak)
WalkabilityModerate; walkable to train, some shops, but most errands require a car.
ParkingGenerally good; most homes have driveways/garages, ample street parking.

Marketing Intelligence

Target Buyer Types

  • Young families
  • NYC commuters
  • Move-up buyers
  • Empty nesters downsizing from larger Westchester homes

Key Selling Points

  • Walk to train
  • Excellent schools
  • Charming architecture
  • Quiet, safe streets

Pricing Considerations

Price competitively within recent sale comps; staged, updated homes command premium.

Common Objections & Response Strategies

Objection: Higher price than other Yonkers neighborhoods

Response Strategy:

Emphasize school quality, train access, and long-term value retention.

Objection: Older home systems (roof, HVAC, electrical)

Response Strategy:

Provide pre-inspection reports and highlight recent upgrades or maintenance.

Objection: Limited nightlife or walkable retail

Response Strategy:

Focus on quiet, family-friendly environment and quick access to Bronxville/Scarsdale amenities.

Investment Insights

Investment Potential

Appreciation Potential

Strong; limited inventory and high demand drive steady price growth.

Rental Demand

Moderate; most homes are owner-occupied, but proximity to train attracts some renters.

Buyer Competition

High for move-in ready homes; multiple offers common.

Best For

  • Families seeking top schools and suburban lifestyle
  • Commuters to NYC
  • Move-up buyers

Potential Concerns

  • Higher price point than other Yonkers areas
  • Limited new construction
  • Older homes may require updates

Professional Recommendations

1

Leverage school and train proximity in all marketing

2

Network with NYC agents for relocating buyers

3

Host open houses timed for Metro-North commuters

4

Advise sellers on pre-listing inspections and minor updates to maximize value

5

Highlight community events and neighborhood association activities

Competitive Analysis

Comparable Markets

  • Bronxville
  • Tuckahoe
  • Scarsdale (southern section)

Market Positioning

Premium Yonkers neighborhood with suburban feel and strong commuter appeal.

Competitive Advantages

  • Lower taxes than Bronxville/Scarsdale
  • Comparable school quality
  • Direct train access

Price Comparison

Crestwood is 20–30% less expensive than Bronxville/Scarsdale, but 30–40% higher than central Yonkers.

Investment Metrics

3.5–4% (single-family rental, limited supply)
Cap Rates
2.5–3% gross yield
Rental Yields
High (favoring ownership over investment)
Price-to-Rent
Limited for rentals; best for long-term appreciation and owner-occupants.
Cash Flow
4–6% annually, barring major economic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to price point; best for those with strong down payments or family support.

Move-Up Buyers

Ideal; larger homes, top schools, and community amenities.

Downsizers

Attractive for empty nesters seeking low-maintenance, walkable homes near transit.

Investors

Limited short-term cash flow; focus on appreciation and stable tenant pool.

Relocators

Popular for NYC transplants seeking suburban lifestyle with city access.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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