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Two-Unit Multifamily Investment
For Sale
Contact for pricing
Pending

22 Monroe St, Mount Vernon, NY 10550

Fully vacant two-unit multifamily building with two-bedroom layouts and a rear structure requiring substantial renovation.

Days on Market99

Property Features for 22 Monroe St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Brix Real Estate Advisors
Listed By: Matthew Barbaccia
Source: Crexi
Added: Apr 24 Changed: Jul 20 Last Checked: Jul 29 at 5:13PM

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 Brix Real Estate Advisors

Investment Insights

Based on property information with market context.

The property is a fully vacant two-unit multifamily building featuring two spacious two-bedroom residential units. In addition to the main structure, there is a structure on the back of the lot that needs a substantial renovation, with the possibility that it may not be salvageable.

The site is located between Franklin Ave and Union Ave, with public transportation nearby. The Mt. Vernon East train station is approximately a 9-minute walk, and the 0042 and 0053 bus stops are about two blocks from the property.

This asset is presented for sale as a two-family building with existing unit configuration in place, alongside a rear structure that will require significant work.

Key Highlights

  • Fully vacant 2‑unit multifamily building at 22 Monroe St, Mount Vernon, NY 10550
  • Each unit offers a spacious 2‑bedroom layout
  • Rear structure on the back of the lot requires substantial renovation; may not be salvageable

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,870
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?
Duplex - Fully vacant two-unit multifamily building with two-bedroom layouts and a rear structure requiring substantial renovation.
Where is this duplex located?
The property is located at 22 Monroe St Mount Vernon, NY.
What are key features of this property?
This property features: Fully vacant 2‑unit multifamily building at 22 Monroe St, Mount Vernon, NY 10550; Each unit offers a spacious 2‑bedroom layout; Rear structure on the back of the lot requires substantial renovation; may not be salvageable
(914) 300-4444 Call to check price and availability
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