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Multifamily Property in Westchester County
For Sale
$1,300,000

310-312 Union Avenue, Mount Vernon, NY 10550

Turn-key income property with growth potential in sought-after location.

Property SizeContact for details
Days on Market493

Property Features for 310-312 Union Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $22,651

Building Details

Year Built 1926
Listing Agency: VORO LLC
Listed By: ERIC BERNAL
Source: Corcoran
Added: May 6, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VORO LLC

Investment Insights

Based on property information with market context.

This multi-family property is located in Westchester County and offers a consistent rental income stream. It is suitable for investors seeking an income property with growth potential. The property features modern amenities and is well-maintained. It is comprised of 5 occupied units and 1 vacancy. The property is positioned close to parks, schools, shopping centers, and public transportation, with convenient access to New York City. The property has a 11.40% Cap Rate.

Key Highlights

  • High 11.40% Cap Rate indicates strong potential return on investment.
  • Stable rental income stream from 5 occupied units.
  • Turn‑key income property requires minimal immediate effort from the investor.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

2,870
Businesses Nearby

Demographics for 10550, NY

41,137
Population
16,865
Households
2.4
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
2.0 sq mi
ZIP Area
20,569
Density / Sq Mi
$56,903
Median Household Income
$43,733
Median Earnings
$1,451
Median Rent
$482,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Turn-key income property with growth potential in sought-after location.
Where is this apartment building located?
The property is located at 310-312 Union Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: High 11.40% Cap Rate indicates strong potential return on investment.; Stable rental income stream from 5 occupied units.; Turn‑key income property requires minimal immediate effort from the investor.
More about this property
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