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Mount Vernon Three-Family Investment Property
For Sale
$899,000
Pending

233 S 5th Ave, Mount Vernon, NY 10550

Three units, flexible layout, close to amenities and public transit.

Days on Market99

Property Features for 233 S 5th Ave

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1929
Listing Agency: RE/MAX Distinguished Homes & Properties
Listed By: Walter F. Sarmiento · License #10301205363
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 28 at 11:11AM

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 RE/MAX Distinguished Homes & Properties

Investment Insights

Based on property information with market context.

This three-family property features a flexible layout, with each of the three units containing three bedrooms and one bathroom. The property also includes a partially finished lower level that provides living spaces, a bathroom, laundry facilities, and storage. The building is situated minutes away from shops, dining options, schools, public transportation, and Montefiore Mount Vernon Hospital. It also offers convenient access to downtown Mount Vernon amenities. The location provides strong rental potential or owner-occupancy options within a well-connected community. The bike score is 53, indicating it is bikeable. The walk score is 74, indicating it is very walkable. The transit score is 66, indicating good transit.

Key Highlights

  • Three separate 3‑bed/1‑bath units offer strong rental income potential.
  • Flexible layout allows for owner‑occupancy or continued rental investment.
  • Convenient location near shops, dining, quality schools, and public transit.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Computer & Electronic Repair Acupuncture Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,885
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three units, flexible layout, close to amenities and public transit.
Where is this triplex located?
The property is located at 233 S 5th Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three separate 3‑bed/1‑bath units offer strong rental income potential.; Flexible layout allows for owner‑occupancy or continued rental investment.; Convenient location near shops, dining, quality schools, and public transit.
More about this property
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