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New Construction Duplex
For Sale
$1,550,000

363 Bedford Avenue, Mount Vernon, NY 10553

Two separate residences combine open-plan main floors, finished lower-level dens, attached garages, and private driveways.

Property Size4,000 SF
Price / SF$387.50
Days on Market20

Property Features for 363 Bedford Avenue

General Information

Standard status Active
Size 4,000 SF
Total Parking Spaces 2
Property subtype Residential Income

Site & Location

Neighborhood Parkside

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $3,523

Amenities

Marble Counters
Open Floorplan
Open Kitchen
Primary Bathroom
Recessed Lighting
Washer/Dryer Hookup
Lighting
Rain Gutters

Building Details

Building Size 4,000 SF
Year Built 2026
Buildings 1
Units 2
Construction Tudor-inspired
Listing Agency: Gillian Stewart Real Estate
Listed By: Gillian Stewart
Source: Gillianstewart
Added: Oct 6 Changed: Oct 23 Last Checked: Oct 23 at 2:33PM

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 Gillian Stewart Real Estate

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Investment Insights

Based on property information with market context.

Under construction at 363 Bedford Avenue, this side-by-side duplex contains two matching residences, each with three bedrooms, two full baths, and one half bath. Across the property, that totals six bedrooms, four full baths, and two half baths. Each home has an open living, dining, and kitchen area with an island, French doors to a rear deck, and a primary bedroom suite with a private bath. A finished den occupies each lower level, while second-floor laundry, central air, attic storage, and an attached garage with an EV outlet serve each residence.

The property is across from an elementary school and near Memorial Field, which offers track, football, soccer, and outdoor recreation. Each residence has its own driveway. Buyers who commit during construction may select finishes from the builder’s available options.

Key Highlights

  • Two side‑by‑side residences with three bedrooms each
  • Six bedrooms, four full baths, and two half baths total
  • Open kitchen, dining, and living areas with islands

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,912
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,558,240 $1.6M
Cap Rate 7%
$1,113,029 $1.1M
Cap Rate 9%
$865,689 $865.7K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$119.0K $29.76/SF
− Vacancy
−$7.7K −$1.93/SF
EGI
$111.3K $27.83/SF
− OpEx
−$33.4K −$8.35/SF
NOI
$77.9K $19.48/SF
Area
Westchester County, NY
Vacancy
6.50%
Lease Rate
$29.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,558,240
Cap Rate 7%
$1,113,029
Cap Rate 9%
$865,689

Alternative Uses

Best Use
Multifamily LT 5
$1.11M
$973.9K – $1.30M (±1% cap)
NOI $77,912 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$980.1K
$857.6K – $1.14M (±1% cap)
NOI $68,607 @ 7.0% cap · market cap 4.43%
Theoretical Best
Retail
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,578 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,407
Businesses Nearby

Demographics for 10553, NY

11,281
Population
3,801
Households
3
Avg Household Size
38
Median Age
43%
College-Educated
82%
High-School Grad
0.7 sq mi
ZIP Area
16,116
Density / Sq Mi
$84,173
Median Household Income
$52,668
Median Earnings
$1,771
Median Rent
$490,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences combine open-plan main floors, finished lower-level dens, attached garages, and private driveways.
Where is this duplex located?
The property is located at 363 Bedford Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two side‑by‑side residences with three bedrooms each; Six bedrooms, four full baths, and two half baths total; Open kitchen, dining, and living areas with islands
More about this property
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