Two-Family Property with
For Sale
$659,000
Pending
138 W Kingsbridge Road, Mount Vernon, NY 10550
Residential Income, Mount Vernon, NY
Property Size2,200 SF
Lot Size0.18 Acres
Days on Market243
Property Features for 138 W Kingsbridge Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bathroom 2
Parking
4
Parking features
Driveway, Garage
Interior features
First Floor Bedroom, First Floor Full Bath, Open Floorplan, Open Kitchen
Basement
Walk-Out Access, Finished, Full, Storage Space
Standard status
Pending
APN
0800-169-054-03039-000-0015
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13128
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1896
Number of units
2
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
YourHomeSold Guaranteed Realty · ERA Real Estate
(718) 324-6060
Listed By:
Corey Easley
(917) 865-2624
Added: Feb 9
Changed: Oct 5
Last Checked: Oct 10 at 12:06PM
MLS# 960057
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family property contains approximately 2,200 square feet plus a full basement and a built-in one-car garage. The layout includes a three-bedroom apartment and a separate two-bedroom apartment, along with first-floor bedroom and full-bath features. Open kitchen and floorplan elements are also present. Vinyl siding, natural-gas heating, window or wall/window cooling units, public water, and public sewer serve the property. Renovation is required, and the sale is offered in its existing condition.
The parcel measures 0.18 acres, with a 7,841-square-foot lot. Additional site features include a driveway and garage parking. Built in 1896, the property is located at 138 W Kingsbridge Road in Mount Vernon, NY 10550, within Westchester County.
The parcel measures 0.18 acres, with a 7,841-square-foot lot. Additional site features include a driveway and garage parking. Built in 1896, the property is located at 138 W Kingsbridge Road in Mount Vernon, NY 10550, within Westchester County.
Key Highlights
- Two‑family layout with one 3‑bedroom apartment and one 2‑bedroom apartment
- Approximately 2,200 SF plus a full basement
- Built‑in one‑car garage, driveway, and 7,841 SF lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,851
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,020
$857.0K
Cap Rate 7%
$612,157
$612.2K
Cap Rate 9%
$476,122
$476.1K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$65.5K $29.76/SF
− Vacancy
−$4.3K −$1.93/SF
EGI
$61.2K $27.83/SF
− OpEx
−$18.4K −$8.35/SF
NOI
$42.9K $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%
$857,020
Cap Rate 7%
$612,157
Cap Rate 9%
$476,122
Alternative Uses
Best Use
Multifamily LT 5
$612.2K
$535.6K – $714.2K
NOI $42,851 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$539.1K
$471.7K – $628.9K
NOI $37,734 @ 7.0% cap · market cap 5.73%
Theoretical Best
Retail
$664.5K
$581.5K – $775.3K
NOI $46,518 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,292
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - As-is duplex with separate three-bedroom and two-bedroom apartments, a basement, and natural-gas heat.
Where is this duplex located?
The property is located at 138 W Kingsbridge Road Mount Vernon, NY.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Two‑family layout with one 3‑bedroom apartment and one 2‑bedroom apartment; Approximately 2,200 SF plus a full basement; Built‑in one‑car garage, driveway, and 7,841 SF lot
