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    Renovated Multifamily Building in Mount Vernon Title is generated by Realmo AI

    3 Sherman Avenue, Mount Vernon, NY 10552

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    Claim this Listing
    For Sale
    $3,999,000

    MULTI_FAMILY - Mount Vernon, NY

    Lot size:
    0.28 Acres
    Added:
    Dec 2, 2025
    Days on Market:
    171
    Last Refresh:
    May 22 at 12:06 pm

    Property Features for 3 Sherman Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street, Parking Lot
    Security features
    Security System
    Standard status
    Active
    APN
    0800-165-033-02135-000-0009
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    75774

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Radiant
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1901
    Number of units
    14
    Building materials
    Brick, Stucco

    We can help!

    Listing Contact
    Michelle Prisco
    Michelle Prisco

    Listing agent Michelle Prisco

    Listing office ERA Insite Realty Services 600 N. Broadway, White Plains, NY

    Listing date Dec 2, 2025

    MLS# 940112

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully renovated in 2013, offering modern comfort.
    • Prime location near major highways and 1.5 miles from the train, providing excellent commuter access.
    • Unique, historic building originally built as a schoolhouse.
    • Mix of 1 and 2 bedroom apartments, all newly constructed during the full redevelopment.
    • Additional income potential from lower level apartment rental, parking, and laundry.
    • Potential for increased rental income of approximately $2,800 per month within 45 days.

    Overview

    This 14-unit multifamily building, plus one super unit, is located in Mount Vernon, NY, near the Bronxville area. Originally constructed as a historic schoolhouse, the building was completely renovated in 2013, blending modern comfort with its original character. The property features a mix of one and two-bedroom apartments, all newly constructed during the redevelopment. The 0.28-acre lot offers potential for additional income through apartment rental in the lower level, as well as parking and laundry facilities. Rental income may be increased through lease increases in 45 days of approximately 2,800 a month. On-site laundry facilities provide convenience for residents. The property is located steps from the bus and a short walk to the Chester Heights neighborhood. Its location near major highways and 1.5 miles from the train provides excellent commuter access. This updated, low-maintenance building offers strong rental appeal for investors.
    Property Profile Insight Report 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 14-unit building near Bronxville, fully renovated in 2013.
    Where is this apartment building located?
    The property is located at 3 Sherman Avenue 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: Fully renovated in 2013, offering modern comfort.; Prime location near major highways and 1.5 miles from the train, providing excellent commuter access.; Unique, historic building originally built as a schoolhouse.
    More about this property
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