Jose Molina hit the last home run in the old Yankee Stadium off of Baltimore Orioles pitcher Chris Waters. It was in the bottom of the fourth inning.
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Yes, they have. The Yankees played their home games at Shea Stadium in 1974 and 1975, while Yankee Stadium was being repaired.
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Yankee Stadium
The new Yankee Stadium was built in 2008-2009 and open for the 2009 season. The old Yankee Stadium (the house that Ruth built) was dedicated in 1923. Prior to that, the Yankees (known as the Highlanders then) played at Hilltop Park, in 1913 the Yankees moved to the Polo Grounds (also home to the New York Giants) and played there until Yankee Stadium was built in 1923.
The New Yankee Stadium is the easiest to hit a home run in. There have already been many record breaking stats involving home runs and the new stadium.