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Three-Unit Triplex Property
For Sale
$690,000
Pending

124 S 11th Ave, Mount Vernon, NY 10550

Three apartments feature separate heating and hot-water systems, with tenants responsible for their own utility usage.

Property SizeContact for details
Days on Market118

Property Features for 124 S 11th Ave

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Investment

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $12,966

Building Details

Year Built 1910
Units 3
Listing Agency: RE/MAX In The City
Listed By: Chintan Trivedi · License #996433
Source: Elliman
Added: May 9 Changed: Aug 31 Last Checked: Sep 1 at 9:54PM

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 RE/MAX In The City

Investment Insights

Based on property information with market context.

Built in 1910, this three-unit residential income property at 124 S 11th Ave includes two 2-bedroom/1-bathroom apartments and one 1-bedroom/1-bathroom apartment. Each unit has its own heating system and hot-water tank, supporting independent operation across the building.

Utility allocation is supported by four electric meters, including a house meter, and three gas meters. Tenants pay their own utilities. The property also provides a private driveway with parking for two vehicles. Mount Vernon access is complemented by a 74 walk score, 66 transit score, and 53 bike score.

Key Highlights

  • Three‑unit property with two 2‑bedroom/1‑bathroom apartments and one 1‑bedroom/1‑bathroom apartment
  • Built in 1910
  • Independent heating systems and hot‑water tanks serve each apartment

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Tech Support Center Computer & Electronic Repair Skin Care Clinic

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,353
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three apartments feature separate heating and hot-water systems, with tenants responsible for their own utility usage.
Where is this triplex located?
The property is located at 124 S 11th Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Three‑unit property with two 2‑bedroom/1‑bathroom apartments and one 1‑bedroom/1‑bathroom apartment; Built in 1910; Independent heating systems and hot‑water tanks serve each apartment
More about this property
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