Building Details

Year Built 1950

Listing Agency: RE/MAX TEAM

Listed By: MARC G. WINDHEUSER · License #10301205401 Show Phone

Source: Corcoran

Added: Apr 24, 2025 Changed: Mar 16 Last Checked: Oct 20 at 5:05PM

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Investment Insights

Based on property information with market context.

This multifamily property presents an investment opportunity with a reported 8% capitalization rate. The building comprises seven units: four apartments with four bedrooms and two bathrooms each, two apartments with two bedrooms and one bathroom each, and one apartment with one bedroom and one bathroom. All apartments operate on a free market basis with one-year leases. The units have been modestly renovated. A new boiler was installed as of 2024.

Key Highlights

• 8 CAP investment opportunity
• 7‑unit building with a mix of unit sizes (4 bed, 2 bed, 1 bed)
• All apartments are free market with 1‑year leases

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Location Intelligence

Trade Area within ½ mile

2,025

Businesses Nearby

Explore this area Business Placement

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

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 - Seven-unit apartment building in Mount Vernon with strong income potential.

Where is this apartment building located?

The property is located at 130 W 4th Street Mount Vernon, NY.

What is the asking price?

The asking price for this property is $1,799,000.

What are key features of this property?

This property features: 8 CAP investment opportunity; 7‑unit building with a mix of unit sizes (4 bed, 2 bed, 1 bed); All apartments are free market with 1‑year leases