Search
6-Unit Walk-Up Apartment Building
For Sale
Contact for pricing

251 S 5th Ave, Mt Vernon, NY 10550

Three-story residential property with varied apartment layouts, basement storage, and laundry facilities.

Property Size7,363 SF
Lot Size0.12 Acres
Days on Market144

Property Features for 251 S 5th Ave

General Information

Standard status Active
Size 7,363 SF
Lot size 0.12 Acres
Property subtype Multifamily

Units

Unit Mix 4 x 3BR, 2 x 1BR
Multifamily Units 6

Additional Details

Public Transit Yes

Amenities

laundry
storage areas

Building Details

Stories 3
Construction frame
Listing Agency: Andrew Lichtenstein Inc
Listed By: Andrew Lichtenstein · License #NY 31LI0467407
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 10:56PM

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 Andrew Lichtenstein Inc

Investment Insights

Based on property information with market context.

This three-story frame apartment property contains six residential units arranged as four three-bedroom apartments and two one-bedroom apartments. The building includes a full basement measuring approximately 1,978 square feet, with laundry and storage areas. Total gross floor area is 7,363 square feet, including 5,385 square feet of usable space, on a 5,227-square-foot lot.

Located at 251 S 5th Ave in Mount Vernon, the property is near public transportation options including Metro-North, Bee-Line, the MTA Dyre Avenue No. 5 train, and the 241st Street No. 2 train.

Key Highlights

  • Six residential apartments: four 3‑bedroom units and two 1‑bedroom units
  • Three‑story walk‑up frame building
  • Full basement of approximately 1,978 square feet with laundry and storage areas

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,858
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Three-story residential property with varied apartment layouts, basement storage, and laundry facilities.
Where is this apartment building located?
The property is located at 251 S 5th Ave Mt Vernon, NY.
What are key features of this property?
This property features: Six residential apartments: four 3‑bedroom units and two 1‑bedroom units; Three‑story walk‑up frame building; Full basement of approximately 1,978 square feet with laundry and storage areas
(917) 365-1800 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message