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Mount Vernon Triplex Opportunity
For Sale
$625,000
Pending

437 S 5th Ave, Mount Vernon, NY 10550

Three-unit multifamily property in Mount Vernon, delivered vacant.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market267

Property Features for 437 S 5th Ave

General Information

Standard status Pending
Lot size 0.06 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $7,703

Building Details

Year Built 1930
Units 3
Listing Agency: Adam Street Realty LLC
Listed By: Lawrence O. King Jr
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 21 Last Checked: Aug 22 at 12:09PM

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 Adam Street Realty LLC

Investment Insights

Based on property information with market context.

This multifamily property, located in Mount Vernon, New York, features three units and a full basement. The property will be delivered vacant, presenting an opportunity for investors. Please note that this is a short sale transaction requiring bank approval. All cash buyers only; private financing is not accepted. Offers must be submitted in writing via email, accompanied by proof of available funds, before a showing can be scheduled.

Key Highlights

  • Multi‑family property with 3 units.
  • Delivered vacant, ready for immediate occupancy or renovation.
  • Full basement offers potential for additional space or storage.

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

1,438
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

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?
Triplex - Three-unit multifamily property in Mount Vernon, delivered vacant.
Where is this triplex located?
The property is located at 437 S 5th Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Multi‑family property with 3 units.; Delivered vacant, ready for immediate occupancy or renovation.; Full basement offers potential for additional space or storage.
More about this property
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