Search
Colonial Duplex on Commercially Zoned Lots
For Sale
$799,000
Pending

3426 Lexington Avenue, Mohegan Lake, NY 10547

MULTI_FAMILY - Colonial - Mohegan Lake, NY

Lot Size1.00 Acre
Days on Market110

Property Features for 3426 Lexington Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Basement, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2
Interior features Eat-in Kitchen
Basement Unfinished
Lot features Near Public Transit, Near School, Near Shops
Elementary school George Washington Elementary School
Middle school Lakeland-Copper Beech Middle Sch
High school Lakeland High School
Elementary school district Lakeland
Middle school district Lakeland
High school district Lakeland
Standard status Pending
APN 5400-015-019-00001-000-0047
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13869

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Building Details

Year built 1927
Number of units 2
Building materials Advanced Framing Technique
Architectural style Colonial
Listing Agency: William Raveis Real Estate
Listed By: Jason Kerwar
Added: Apr 14 Changed: Jul 31 Last Checked: Aug 1 at 2:06PM
MLS# 984250

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This Colonial 2-family duplex is tenant-occupied with month-to-month leases. The property includes an eat-in kitchen and is heated with oil. Constructed in 1927, it is connected to public water and public sewer.

The duplex sits on four commercially zoned lots totaling approximately one acre, creating flexibility for investors, developers, or owner-users looking to maintain the existing configuration or consider redevelopment scenarios consistent with the commercial zoning.

With its combined residential setup and commercial zoning coverage across multiple lots, the property can support multiple ownership strategies while providing near-term rental occupancy through the current month-to-month lease structure.

Key Highlights

  • Tenant‑occupied 2‑family duplex with month‑to‑month leases
  • Sits on four commercially zoned lots totaling approximately 1 acre
  • Colonial style duplex built in 1927

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 10547, NY

7,293
Population
2,956
Households
2.5
Avg Household Size
44
Median Age
52%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
1,488
Density / Sq Mi
$155,295
Median Household Income
$69,058
Median Earnings
$2,363
Median Rent
$479,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied 2-family home on commercially zoned lots with month-to-month leases and public utilities.
Where is this duplex located?
The property is located at 3426 Lexington Avenue Mohegan Lake, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Tenant‑occupied 2‑family duplex with month‑to‑month leases; Sits on four commercially zoned lots totaling approximately 1 acre; Colonial style duplex built in 1927
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message