314 S 5th Ave Mount Vernon, NY 10550
MULTI_FAMILY - Mount Vernon, NY
- Added:
- Apr 18, 2026
- Days on Market:
- 20
- Last Refresh:
- May 7 at 3:06 pm
Property Features for 314 S 5th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Basement, Bedroom 5, Bedroom 3, Bathroom 4, Bedroom 7, Bedroom 4, Bathroom 3, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
- Parking features
- Parking Lot
- Interior features
- First Floor Bedroom, First Floor Full Bath
- Basement
- Finished
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 21000
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Number of units
- 3
- Building materials
- Foam Insulation, Stucco
Listing agent Jaswinder Rehal (347) 552-3423
Listing office eXp Realty 104 West 40th Street, 4th Fl, Hauppauge, NY (888) 276-0630
Listing date Apr 18, 2026
MLS# 987284
Listing URL
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
- Strong income‑producing property generating approximately $8,800/month plus $950/month from parking/garage.
- Value‑add potential with three recently vacated parking spaces at $125/month each.
- Rare opportunity for future development or expansion on two lots (buyer to verify).
- Updated interiors with modern kitchens and updated flooring.
- New tankless water heater.
- Updated basement and exterior.
Overview
Fully Rented Mixed-Use Property
This fully rented mixed-use property in Mount Vernon, NY, presents an opportunity to generate income from multiple sources. The property includes residential apartments, rented parking spaces, and a garage, collectively generating approximately $8,800 per month, with an additional $950 per month from parking and garage rentals. There is potential to increase income with three recently vacated parking spaces, each offering an additional $125 per month. Situated on two lots, the property offers potential for future development or expansion, subject to buyer verification with the township. The building has been well-maintained, featuring updates such as an updated basement and exterior, a new tankless water heater, and renovated apartment interiors with modern kitchens and updated flooring throughout. This property is suitable for investors seeking a turnkey property with reliable cash flow and long-term upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Parking lots & garages
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Westchester
- State
- New York
- Longitude
- -73.835292
- Latitude
- 40.903453
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Income-producing property with residential, parking, and garage rentals.
Where is this mixed-use property located?
The property is located at 314 S 5th Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,249,500.
What are key features of this property?
This property features: Strong income‑producing property generating approximately $8,800/month plus $950/month from parking/garage.; Value‑add potential with three recently vacated parking spaces at $125/month each.; Rare opportunity for future development or expansion on two lots (buyer to verify).
