Four-Unit Multifamily
13 N 6th Avenue, Mount Vernon, NY 10550
For Sale
$695,000
The property contains four income-producing units in Mount Vernon.
Property Size2,084 SF
Price / SF$333.49
Days on Market313
Property Features for 13 N 6th Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Compass Greater NY, LLC
Listed By:
Joseph Lukic · License NY #10401264948
(914) 752-8763
Source:
Dallingrealestate
Added: Jan 1
Changed: Nov 7
Last Checked: Nov 8 at 7:04PM
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 Compass Greater NY, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains 2,084 square feet and was built in 1909. It is located at 13 N 6th Avenue in Mount Vernon, New York.
Key Highlights
- Four income‑producing units
- 2,084 square feet
- Built in 1909
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,592
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,840
$811.8K
Cap Rate 7%
$579,886
$579.9K
Cap Rate 9%
$451,022
$451.0K
Market Conditions
NOI Build-Up for 2,084 SF
Gross rent
$62.0K $29.76/SF
− Vacancy
−$4.0K −$1.93/SF
EGI
$58.0K $27.83/SF
− OpEx
−$17.4K −$8.35/SF
NOI
$40.6K $19.48/SF
Area
Westchester County, NY
Vacancy
6.50%
Lease Rate
$29.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,840
Cap Rate 7%
$579,886
Cap Rate 9%
$451,022
Alternative Uses
Best Use
Multifamily LT 5
$579.9K
$507.4K – $676.5K
NOI $40,592 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$510.6K
$446.8K – $595.7K
NOI $35,744 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,453 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,022
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Quadplexes in Westchester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The property contains four income-producing units in Mount Vernon.
Where is this quadplex located?
The property is located at 13 N 6th Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Four income‑producing units; 2,084 square feet; Built in 1909
