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Fire-Damaged Two-Family Duplex
For Sale
$500,000
Pending

416 Highland Avenue, Mount Vernon, NY 10553

Residential Income, Mount Vernon, NY

Property Size3,000 SF
Lot Size0.11 Acres
Days on Market426

Property Features for 416 Highland Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bedroom 1, Bedroom 5
Basement Walk-Out Access
Elementary school Graham
Middle school Benjamin Turner Middle School
High school Mt Vernon High School
Elementary school district Mount Vernon
Middle school district Mount Vernon
High school district Mount Vernon
Special listing conditions Short Sale, Third Party Approval
Standard status Pending
APN 0800-169-026-04074-000-0007
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8497

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Amenities

large front sitting porch
mature landscaping
private driveway
backyard

Building Details

Year built 1920
Number of units 2
Building materials Frame
Architectural style Colonial
Listing Agency: Keller Williams Realty Group
Listed By: Janet Bingham · License #10301222227
Added: Jul 1, 2025 Changed: Aug 20 Last Checked: Aug 30 at 2:06AM
MLS# 884292

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 legal two-family Colonial, built in 1920 with frame construction, is being offered in its current fire-damaged condition and is not habitable. The layout includes a one-bedroom unit above a four-bedroom unit, along with a basement, front sitting porch, mature landscaping, private driveway, and backyard. Public water and public sewer serve the property, with oil heating. The building requires rehabilitation and is offered strictly as-is, with the buyer responsible for due diligence, permitting, and securing a new certificate of occupancy after closing.

Located at 416 Highland Avenue in Mount Vernon, the property is a 6-minute walk from Metro-North Mount Vernon East Station. I-95 is accessible by a 4-6 minute drive via Hutchinson River Parkway, while local bus routes 42/53/55 are approximately 3 minutes away. Current condition limits financing options to cash buyers or rehab financing.

Key Highlights

  • Legal two‑family layout with a 1‑bedroom unit over a 4‑bedroom unit
  • Fire‑damaged and currently not habitable; offered strictly as‑is
  • 0.11 acres with a private driveway, backyard, front sitting porch, and mature landscaping

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Hotel & Motel

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

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,348
Businesses Nearby

Demographics for 10553, NY

11,281
Population
3,801
Households
3
Avg Household Size
38
Median Age
43%
College-Educated
82%
High-School Grad
0.7 sq mi
ZIP Area
16,116
Density / Sq Mi
$84,173
Median Household Income
$52,668
Median Earnings
$1,771
Median Rent
$490,000
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
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family property with fire damage, private outdoor space, and substantial rehabilitation needs.
Where is this duplex located?
The property is located at 416 Highland Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Legal two‑family layout with a 1‑bedroom unit over a 4‑bedroom unit; Fire‑damaged and currently not habitable; offered strictly as‑is; 0.11 acres with a private driveway, backyard, front sitting porch, and mature landscaping
More about this property
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