Park Hill

Yonkers, NY

Neighborhood Market Analysis

Q3 2025 Report
$643,000 (May 2025)
Median Home Price
Moderate (Walk Score: ~60); car recommended for most errands.
Walkability Score
Public schools are rated average to above average; some magnet and specialty programs available[2].
School Rating

Location Overview

Neighborhood Boundaries

Generally bounded by Rumsey Road to the north, Park Hill Avenue to the east, South Broadway to the west, and Caryl Avenue to the south. Park Hill is situated on a hillside overlooking the Hudson River, just south of downtown Yonkers.

Zip Codes

10705

Market Data Summary

Price Range$550,000–$900,000+ (varies by size, condition, and view)
Price per Sq Ft$216 (down 31.2% YoY as of May 2025)
Inventory LevelsSlight increase in available homes, giving buyers more options but still moderate competition[2].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTwo-family homesOccasional small multifamily properties

Architectural Styles

VictorianColonial RevivalTudorArts & CraftsPre-war (early 20th-century)

Property Details

Typical Lot Sizes0.1–0.25 acres (varies; some larger hillside lots)
Home Age RangeMost homes built 1890–1940; some mid-century and renovated properties
Construction QualityGenerally solid, historic construction; many homes feature original details and have been updated for modern living.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of long-time residents, young families, and professionals. Increasing appeal to NYC transplants seeking more space.

Community Vibe

Historic, close-knit, and residential with a strong neighborhood association and active community groups.

Typical Residents

  • Families
  • Young professionals
  • Commuters
  • Retirees

Family Friendly

Yes; parks, playgrounds, and community events support families.

Amenities & Lifestyle

Parks & Recreation

  • Park Hill Park
  • Nearby Tibbetts Brook Park
  • Access to Old Croton Aqueduct Trail

Dining Options

  • Local pizzerias
  • Ethnic restaurants on South Broadway
  • Short drive to downtown Yonkers dining

Shopping Centers

  • Local shops on South Broadway
  • Ridge Hill Shopping Center (short drive)

Local Businesses

  • Park Hill Racquet Club
  • Neighborhood cafes
  • Local delis and markets

Education & Schools

Public schools are rated average to above average; some magnet and specialty programs available[2].
Overall School Rating

Elementary Schools

  • School 23
  • Las Hermanas Mirabal Community School
  • Ella Fitzgerald Academy
  • Enrico Fermi School For The Performing Arts

Middle Schools

  • School 23 (PreK-8)
  • Las Hermanas Mirabal Community School (PreK-8)
  • Ella Fitzgerald Academy (PreK-8)
  • Enrico Fermi School For The Performing Arts (PreK-8)

High Schools

  • Yonkers High School
  • Saunders Trades & Technical High School

Private Schools

  • Sacred Heart High School (nearby)
  • Montessori School 27 (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • Bee-Line Bus routes to Yonkers Metro-North stations and NYC subway connections

Major Roads

  • Rumsey Road
  • Park Hill Avenue
  • South Broadway
  • Saw Mill River Parkway (easy access)

Commute & Walkability

Commute Times30–45 minutes to Midtown Manhattan via Metro-North (Yonkers or Ludlow stations); 10–15 minutes to downtown Yonkers.
WalkabilityModerate; hilly terrain can impact walkability.
ParkingMostly street parking and private driveways; generally sufficient except during events.

Marketing Intelligence

Target Buyer Types

  • NYC transplants
  • Young families
  • Move-up buyers
  • Investors seeking rental income

Key Selling Points

  • Historic homes with character
  • Active, engaged community
  • Easy NYC commute
  • Parks and green spaces

Pricing Considerations

Price competitively given recent softening; highlight move-in-ready condition and upgrades.

Common Objections & Response Strategies

Objection: Older homes may require more maintenance.

Response Strategy:

Highlight recent updates, pre-inspection reports, and reputable local contractors.

Objection: Hilly terrain and limited walkability.

Response Strategy:

Emphasize scenic views, quiet streets, and proximity to parks; note car convenience.

Objection: Higher property taxes compared to some nearby areas.

Response Strategy:

Compare total cost of ownership, including value retention and community amenities.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; recent price dip but long-term value supported by historic character and proximity to NYC[2].

Rental Demand

Steady, especially for single-family rentals and multifamily homes; attractive to commuters.

Buyer Competition

Moderate; some homes receive multiple offers, but market is less frenzied than peak periods.

Best For

  • Families seeking space and character
  • NYC commuters
  • Buyers seeking historic homes

Potential Concerns

  • Older home maintenance costs
  • Hilly terrain may deter some buyers
  • Limited new construction

Professional Recommendations

1

Network with the Park Hill Residents Association and community groups.

2

Host open houses during community events to maximize exposure.

3

Educate buyers on historic home ownership and available renovation incentives.

4

Leverage professional photography to showcase architectural details and views.

5

Stay updated on local infrastructure and school developments to inform clients.

Competitive Analysis

Comparable Markets

  • Southwest Yonkers
  • Bronxville
  • Mount Vernon

Market Positioning

Park Hill is positioned as a historic, family-friendly alternative to pricier Bronxville or more urban Southwest Yonkers.

Competitive Advantages

  • Historic architecture
  • Community engagement
  • Proximity to NYC with lower prices than Bronxville

Price Comparison

Park Hill median price ($643K) is higher than Southwest Yonkers ($458K) but lower than Bronxville ($557.5K) and Eastchester ($788.7K)[2][3][4].

Investment Metrics

Estimated 4–5% for well-maintained multifamily properties (varies by condition and rents)
Cap Rates
Gross yields around 5–6% for single-family rentals; higher for two-family homes
Rental Yields
Approximately 18–20 (varies by property type and rent levels)
Price-to-Rent
Positive for updated multifamily homes; single-family homes may be cash flow neutral or slightly positive depending on financing.
Cash Flow
Stable to moderate growth over next 3–5 years, barring major economic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

May be challenged by price point but can find value in smaller homes; highlight community and long-term value.

Move-Up Buyers

Strong appeal for those seeking more space, character, and yard; emphasize historic charm and family amenities.

Downsizers

Less common, but some may be attracted to smaller Victorians or updated homes with low maintenance.

Investors

Attractive for two-family and multifamily properties; steady rental demand and moderate cap rates.

Relocators

NYC buyers seeking more space and community; highlight commute options and neighborhood culture.

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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