New Hyde Park -Office
Call: (516) 328-3233
Text: (516) 328-3233
MLS#1057584
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMount Vernon
Property Description
Built in 2016, this legal two-family offers something rare in Mount Vernon - modern construction with turnkey rental income. Two mirror-image units, each with three bedrooms, two full baths and 1,440 square feet, 2,880 total. Brick and stone exterior, covered front porch, fenced yard, level lot.Both units are separately metered, two electric and two gas, with tenants responsible for their own gas and heat. Eat-in kitchens in both units. Two-car attached garage plus private driveway provides parking for four, a real advantage in this market. Minutes to Mount Vernon East Metro-North for a direct ride to Grand Central, with Montefiore Mount Vernon Hospital, shopping, dining and parks close by. Quick access to the Cross County and Hutchinson River Parkways and I-95.Occupy one unit and let the other carry the mortgage, or add a fully tenanted asset to your portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 0.08 Acres
Taxes: $14,093
Year Built: 2016
Amenities
First Floor Bedroom
Feature Descriptions
Cap Rate: 10705
Days on Site: 13
Exterior: Brick, Stone
GarageY/N: Yes
On Market Date: 2026-10-15
Parcel Number: 0800-169-022-03089-000-0032
Parking Features: Driveway, Garage
Rental Term: Monthly
Sewer: Other
Units: 2
Utilities: Trash Collection Public, Water Available
Water: Public
Local Schools
High School: Mt Vernon High School
Middle School: Benjamin Turner Middle School
Elementary School: Cecil H Parker School
School District: Mount Vernon
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Estimated Payment
$ 3,565.79 per month $2,114.29 Principal & Interest $1,174.42 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Real Broker NY LLC
Agency Contact: 855-450-0442
Shown By
Agent Name: New Hyde Park -Office
Agent Phone: (516) 328-3233
Agency Title: Laffey Real Estate
241 S 5th Avenue | MLS# 1057584
This multi-family property located at 241 S 5th Avenue, Mount Vernon, NY 10550 is currently listed for sale with an asking price of $950,000. S 5th Avenue is located within the Mount Vernon school district. Search Mount Vernon real estate on newhydeparkoffice.laffey.com today.