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32-Unit Rent-Stabilized Apartment Building
For Sale
Contact for pricing
Pending

218 S 3rd Ave, Mount Vernon, NY 10550

Four-story walk-up offering a mix of one- and two-bedroom apartments near regional parkway access.

Property SizeContact for details
Days on Market144

Property Features for 218 S 3rd Ave

General Information

Standard status Pending
Elevators No
Property subtype Multifamily

Units

Unit Mix 32 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 33

Additional Details

Highway Access Yes

Building Details

Buildings 1
Stories 4
Listing Agency: Redwood Realty
Listed By: Michael Scrima · License #NY 10301219536
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 8:30AM

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 Redwood Realty

Investment Insights

Based on property information with market context.

Located at 218 S 3rd Ave in Mount Vernon, this four-story walk-up apartment building contains 33 residential units. The mix includes 32 one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment. The property is rent stabilized, providing a defined residential operating profile.

Both the Bronx River Parkway and Hutchinson River Parkway are within 5 minutes of the building, connecting the property with northern Westchester and New York City. The address is several blocks north of NYC and offers access to established regional transportation routes.

Key Highlights

  • 33 total apartments: 32 one‑bedroom units and 1 two‑bedroom unit
  • All apartments have 1 bathroom
  • Four‑story walk‑up apartment building

Property Analytics

Current Use

kurination Market Spices ... Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Tech Support Center Computer & Electronic Repair Real Estate Agency

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

33
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,906
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-story walk-up offering a mix of one- and two-bedroom apartments near regional parkway access.
Where is this apartment building located?
The property is located at 218 S 3rd Ave Mount Vernon, NY.
What are key features of this property?
This property features: 33 total apartments: 32 one‑bedroom units and 1 two‑bedroom unit; All apartments have 1 bathroom; Four‑story walk‑up apartment building
More about this property
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