Duplex with Detached
For Sale
$799,000
142 N 6th Avenue, Mount Vernon, NY 10550
Two three-bedroom apartments are complemented by a detached garage and a separate lot.
Property Size2,300 SF
Price / SF$347.39
Days on Market157
Property Features for 142 N 6th Avenue
General Information
Standard status
Active
Size
2,300 SF
Total Parking Spaces
10
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
cosmetic touches
Site & Location
Neighborhood
West Mount Vernon
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$17,637
Amenities
First Floor Bedroom
Building Details
Building Size
2,300 SF
Year Built
1920
Units
2
Listing Agency:
Gillian Stewart Real Estate
(845) 855-5092
Listed By:
Gillian Stewart
(845) 656-4449
Source:
Gillianstewart
Added: May 22
Changed: Oct 24
Last Checked: Oct 24 at 2:38PM
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 Gillian Stewart Real Estate
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Investment Insights
Based on property information with market context.
This duplex contains two apartments, each with three bedrooms and one bathroom, within approximately 2,300 square feet. The second-floor residence has been updated, while the first-floor unit offers scope for cosmetic work. A detached three-car garage provides additional parking and storage, and the property includes a separate lot that can serve as outdoor space or potentially accommodate parking.
The property is minutes from downtown Mount Vernon, shopping, dining, transportation, and major parkways. Its two-unit layout, garage, and additional lot are the primary physical features.
The property is minutes from downtown Mount Vernon, shopping, dining, transportation, and major parkways. Its two-unit layout, garage, and additional lot are the primary physical features.
Key Highlights
- Two apartments, each with 3 bedrooms and 1 bathroom
- Approximately 2,300 square feet
- Updated second‑floor apartment; first‑floor unit needs cosmetic work
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,799
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,980
$896.0K
Cap Rate 7%
$639,986
$640.0K
Cap Rate 9%
$497,767
$497.8K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$68.4K $29.76/SF
− Vacancy
−$4.4K −$1.93/SF
EGI
$64.0K $27.83/SF
− OpEx
−$19.2K −$8.35/SF
NOI
$44.8K $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%
$895,980
Cap Rate 7%
$639,986
Cap Rate 9%
$497,767
Alternative Uses
Best Use
Multifamily LT 5
$640.0K
$560.0K – $746.7K
NOI $44,799 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$563.6K
$493.1K – $657.5K
NOI $39,449 @ 7.0% cap · market cap 4.94%
Theoretical Best
Retail
$694.7K
$607.9K – $810.5K
NOI $48,632 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,965
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments are complemented by a detached garage and a separate lot.
Where is this duplex located?
The property is located at 142 N 6th Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 bathroom; Approximately 2,300 square feet; Updated second‑floor apartment; first‑floor unit needs cosmetic work
