Historic Three-Family Plus
For Sale
$1,100,000
23 Cottage Ave, Mount Vernon, NY 10550
Well-maintained 1920 home with four units, including two-, three-, and one-bedroom apartments plus a studio.
Property SizeContact for details
Days on Market83
Property Features for 23 Cottage Ave
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Reliance America Int. Realty
(914) 439-7422
Listed By:
Claudette Mair
Source:
Elliman
Added: May 15
Changed: Jul 20
Last Checked: Aug 5 at 7:52AM
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 Reliance America Int. Realty
Investment Insights
Based on property information with market context.
Turnkey three-family investment property with an additional studio apartment housed in a well-maintained 1920 home on Mt. Vernon’s north side. The unit mix includes 2-bedroom over 3-bedroom over 1-bedroom plus a separate studio. The property is described as showcasing classic architectural features such as original molding and high ceilings.
The home is positioned within walking distance to the Metro-North train station, bus lines, and a shopping district. Additional features include a detached two-car garage.
At closing, the first-floor unit and basement will be delivered vacant. The seller reports current gross monthly rental income of $7,000 and annual property taxes of $20,000.
The home is positioned within walking distance to the Metro-North train station, bus lines, and a shopping district. Additional features include a detached two-car garage.
At closing, the first-floor unit and basement will be delivered vacant. The seller reports current gross monthly rental income of $7,000 and annual property taxes of $20,000.
Key Highlights
- 1920‑built, well‑maintained 4‑unit property with classic features including original molding and high ceilings
- Unit mix: 2‑bedroom over 3‑bedroom over 1‑bedroom plus a separate studio apartment
- Current gross monthly rental income of $7,000 and annual property taxes of $20,000
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,760
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained 1920 home with four units, including two-, three-, and one-bedroom apartments plus a studio.
Where is this quadplex located?
The property is located at 23 Cottage Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1920‑built, well‑maintained 4‑unit property with classic features including original molding and high ceilings; Unit mix: 2‑bedroom over 3‑bedroom over 1‑bedroom plus a separate studio apartment; Current gross monthly rental income of $7,000 and annual property taxes of $20,000
