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    3 Sherman Ave Mount Vernon, NY 10552

    New
    For Sale
    $4,699,000

    MULTI_FAMILY - Mount Vernon, NY

    Lot size:
    0.28 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 9 at 1:06 am

    Property Features for 3 Sherman Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Rooms
    Basement
    APN
    0800-165-033-02135-000-0009
    Parking features
    On Street, Parking Lot
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant, Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1901
    Number of units
    14
    Building materials
    Brick, Stucco

    ERA Insite Realty (914) 948-3333 [email protected]

    Listing agent Michelle Prisco

    Listing date Dec 3, 2025

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Building Near Bronxville

    This 14-unit multifamily building, plus one super unit, presents an investment opportunity in the Bronxville area. Originally constructed as a historic schoolhouse, the building underwent a complete renovation in 2013, blending modern amenities with its original character. The property features a mix of one and two-bedroom apartments, all newly constructed during the redevelopment. On-site laundry facilities are available for residents. The property is conveniently located steps from the bus and within walking distance of the Chester Heights neighborhood. Its location near major highways and approximately 1.5 miles from the train provides commuter access. The building sits on a 0.28-acre lot.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Westchester
    State
    New York
    Longitude
    -73.8218297
    Latitude
    40.9235186

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    FAQs

    What type of property is this?
    Apartment building - Unique, renovated 14-unit building near transportation and Chester Heights neighborhood.
    Where is this apartment building located?
    The property is located at 3 Sherman Ave Mount Vernon, NY.
    What is the asking price?
    The asking price for this property is $4,699,000.
    What are key features of this property?
    This property features: - Unique, historic building originally built as a schoolhouse.; - Completely renovated in 2013, offering modern comfort.; - Prime location in the Bronxville area, steps to the bus and a short walk to Chester Heights.
    (914) 906-8439
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    3 Sherman Ave Mount Vernon, NY 10552
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Sherman Ave Mount Vernon, NY 10552
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