Two-Family Home with Finished
For Sale
$1,275,000
20 Cooley Place, Mount Vernon, NY 10550
Duplex with two-bedroom units, separate entrances, and private rear-yard access.
Property Size2,200 SF
Price / SF$579.55
Days on Market172
Property Features for 20 Cooley Place
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Duplex
Building Details
Building Size
2,200 SF
Year Built
1945
Listing Agency:
Dalling & Dalling R.E., Inc.
(914) 663-9780
Listed By:
Trevor Dalling
Source:
Shawmetro
Added: Feb 10
Changed: Jul 31
Last Checked: Jul 31 at 8:37PM
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 Dalling & Dalling R.E., Inc.
Investment Insights
Based on property information with market context.
This two-family home, built in 1945, offers 2,200 square feet with two 2/2 units featuring eat-in kitchens. The finished basement includes a separate entrance, adding functional space to the property. A driveway leads to the private backyard, while above-ground oil heating serves the home.
Located at 20 Cooley Place in Mount Vernon, New York, the property is positioned near local amenities and transportation within the surrounding area.
Located at 20 Cooley Place in Mount Vernon, New York, the property is positioned near local amenities and transportation within the surrounding area.
Key Highlights
- 2,200‑square‑foot two‑family property built in 1945
- Two 2/2 units with eat‑in kitchens
- Finished basement with separate entrance
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.5k | $29.76 |
| − Vacancy | −$4.3k | −$1.93 |
| EGI | $61.2k | $27.83 |
| − OpEx | −$18.4k | −$8.35 |
| NOI | $42.9k | $19.48 |
2,200 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$612.2K
$535.6K – $714.2K
NOI $42,851 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$539.1K
$471.7K – $628.9K
NOI $37,734 @ 7.0% cap · market cap 2.96%
Theoretical Best
Retail
$664.5K
$581.5K – $775.3K
NOI $46,518 @ 7.0% cap · market cap 3.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,252
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?
Duplex - Duplex with two-bedroom units, separate entrances, and private rear-yard access.
Where is this duplex located?
The property is located at 20 Cooley Place Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 2,200‑square‑foot two‑family property built in 1945; Two 2/2 units with eat‑in kitchens; Finished basement with separate entrance
