All-Brick Duplex
For Sale
$390,000
332 S 6th Avenue, Mount Vernon, NY 10550
Two residential units include eat-in kitchens, bedrooms, baths, bonus space, and ample off-street parking.
Property Size1,800 SF
Price / SF$216.67
Days on Market12
Property Features for 332 S 6th Avenue
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Building Details
Building Size
1,800 SF
Year Built
1900
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Keller Williams Realty Group
(914) 552-5111
Listed By:
Jeffrey D. Hanrahan
Source:
Shawmetro
Added: Jul 21
Changed: Jul 31
Last Checked: Jul 31 at 1:29PM
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 Keller Williams Realty Group
Investment Insights
Based on property information with market context.
This all-brick duplex property contains two residential units within approximately 1,800 square feet. The first-floor unit includes a living room with side-door access to a porch, an eat-in kitchen, bedroom, bath, and bonus space. The second-floor unit includes a living room, eat-in kitchen, bedroom, and bath, with access to the third floor, which offers 2 additional bedrooms/rooms.
Built in 1900, the property provides ample off-street parking and is located near shopping, schools, public transportation, and major highways. The property is being sold as-is, with the buyer responsible for inspections and due diligence.
Built in 1900, the property provides ample off-street parking and is located near shopping, schools, public transportation, and major highways. The property is being sold as-is, with the buyer responsible for inspections and due diligence.
Key Highlights
- All‑brick two‑family property with approximately 1,800 square feet
- First‑floor unit includes living room, eat‑in kitchen, bedroom, bath, porch access, and bonus space
- Second‑floor unit includes living room, eat‑in kitchen, bedroom, bath, and third‑floor access
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.6k | $29.76 |
| − Vacancy | −$3.5k | −$1.93 |
| EGI | $50.1k | $27.83 |
| − OpEx | −$15.0k | −$8.35 |
| NOI | $35.1k | $19.48 |
1,800 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$500.9K
$438.3K – $584.3K
NOI $35,060 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$441.0K
$385.9K – $514.6K
NOI $30,873 @ 7.0% cap · market cap 7.92%
Theoretical Best
Retail
$543.7K
$475.8K – $634.3K
NOI $38,060 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,838
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include eat-in kitchens, bedrooms, baths, bonus space, and ample off-street parking.
Where is this duplex located?
The property is located at 332 S 6th Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: All‑brick two‑family property with approximately 1,800 square feet; First‑floor unit includes living room, eat‑in kitchen, bedroom, bath, porch access, and bonus space; Second‑floor unit includes living room, eat‑in kitchen, bedroom, bath, and third‑floor access
