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Old 04-03-2015, 12:31 PM
 
95 posts, read 113,802 times
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I see co-ops for under $100k in Yonkers and under $150k in Bronxville. They seem incredibly cheap compared to Manhattan, and even compared to the single family homes in Yonkers and Bronxville. Is there something I am overlooking? Is crime high in these highrise apartments and that's why the prices are so low? Or is it a status thing (people in the suburbs do not want apartments)? Wouldn't people trying to save money in the nyc area who work in Manhattan snap these up?
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Old 04-04-2015, 02:42 PM
 
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3 reasons: Location, location, location. They are not in the Bronxvile School District which means residents' kids go to Yonkers schools which are less in-demand.
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Old 04-06-2015, 11:23 AM
 
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I agree with Ponytrekker, the schools in Yonkers are in less demand and are not as good as schools in other areas of Westchester. Also taxes are high in Yonkers, for services that aren't that good. Many of the buildings are not well maintained and anything for under 100k in Yonkers may be in an unsafe neighborhood. One bedrooms are very hard to sell. I know since I have family who have had a hard time selling Yonkers one bedroom co ops. Also, I lived in Yonkers for almost 30 years.
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Old 04-12-2015, 09:34 AM
 
69 posts, read 211,541 times
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Yonkers has a personal income tax, the rest of Westchester does not.
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Old 04-12-2015, 11:24 PM
 
Location: Westchester County, NY -> Pinellas County, FL -> Dutchess County, NY -> Denver?
348 posts, read 355,633 times
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If you work in Manhattan you would have to use Metro North. It used to cost $224 for a monthly to commute from Bronxville to Grand Central. Then, you need to have a car. Insurance will cost you more in Yonkers and I wouldn't like to park in any of those areas unless you don't care about your rims. Thirdly, this is Yonkers...
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Old 10-06-2015, 07:44 PM
 
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Its a rocking deal. High HOA's most likely but solo worth it. Check out Greatneck as well, there too you have terrific coops. The Hoa on some is say $1000,00 plus a month but that for taxes and the buildings HOA's.
Well worth it and some are beautiful.
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