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    310-312 Union Ave Mount Vernon, NY 10550

    For Sale
    $1,300,000

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

    Property Features for 310-312 Union Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1926

    Source: VORO LLC Agent ERIC BERNAL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property in Westchester County

    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.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -73.8306555
    Latitude
    40.9046346

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    FAQs

    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 Ave 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.
    Request Owner's contact information
    310-312 Union Ave Mount Vernon, NY 10550
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    Mount Vernon, NY 10550
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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
    310-312 Union Ave Mount Vernon, NY 10550
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