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    3 Sherman Ave Mount Vernon, NY 10552

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    For Sale
    $3,999,000

    Unique, renovated 14-unit building near transportation and Chester Heights.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 5:44 pm

    Property Features for 3 Sherman Ave

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1901

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    Listing Contact
    Michelle Prisco
    Michelle Prisco

    Listing agent Michelle Prisco

    Listing office ERA Insite Realty

    Listing date Apr 24, 2026

    Source Elliman

    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 ERA Insite Realty


    Overview

    Renovated 14-Unit Multifamily Building

    This 14-unit building, plus one super unit, was originally built as a historic schoolhouse and completely renovated in 2013. The property features a mix of one and two-bedroom apartments, all newly constructed during the full redevelopment. Additional income can be obtained through apartment rental in the lower level, as well as parking and laundry. Rental income can be increased through lease increases in 45 days of approximately $2,800 a month. On-site laundry facilities are available for residents. The property is located steps from the bus and a short walk to the Chester Heights neighborhood. It is ideally located near all major highways and 1.5 miles from the train, providing commuter access.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Westchester
    State
    New York
    Longitude
    -73.8218297
    Latitude
    40.9235186

    FAQs

    What type of property is this?
    Apartment building - Unique, renovated 14-unit building near transportation and Chester Heights.
    Where is this apartment building located?
    The property is located at 3 Sherman Ave Mount Vernon, NY.
    What is the asking price?
    The asking price for this property is $3,999,000.
    What are key features of this property?
    This property features: Completely renovated in 2013, offering modern comfort and low maintenance.; Unique historic schoolhouse conversion with 14 units (+ super unit).; Potential for increased rental income through apartment rental in lower level, parking, laundry, and lease increases.
    More about this property
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