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Triplex with Private Entrances
For Sale
$1,200,000

38 N 10th Ave, Mount Vernon, NY 10550

Three-unit triplex with private entrances, covered fire escapes, and parking on a separate buildable lot.

Property SizeContact for details
Days on Market63

Property Features for 38 N 10th Ave

General Information

Standard status Active
Total Parking Spaces 19
Property subtype Investment

Additional Details

Business Included Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $22,564

Building Details

Year Built 1963
Stories 3
Units 3
Tenancy Multi
Listing Agency: FLEETWOOD REALTY
Listed By: Rosalie E. Rose · License #10301215270
Source: Elliman
Added: Jun 22 Changed: Aug 10 Last Checked: Aug 23 at 10:51AM

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 FLEETWOOD REALTY

Investment Insights

Based on property information with market context.

This beautifully maintained triplex offers three separate residential units with private entrances. The first floor provides a spacious 3 to 4 bedroom layout with 2 full bathrooms and its own separate entrance. The second floor features a comfortable 3-bedroom, 1-bath unit, and the third floor includes a cozy 2-bedroom, 1-bath unit. A covered fire escape system adds convenience and safety, and the full, immaculate basement houses three separate boilers to support efficient heating for each unit.

The property includes ample parking and an additional lot with 19 parking spaces, described as a separate buildable lot. Outside, professionally landscaped grounds feature stone steps and a stone front entrance, and the home is noted for stainless steel doors. Tenants cover all utilities except hot water, which can help simplify day-to-day operating expenses. Walkability and transit access are supported by the provided Walk Score, Somewhat Bikeable Bike Score, and Good Transit Score.

For buyers seeking an owner-occupied or investor-ready multifamily arrangement, this configuration provides distinct unit separation, independent entrances, and individual boiler service. The separate parking lot and 19-space count can be a practical fit for tenants who prioritize on-site parking, while the described utility setup supports straightforward management. With multiple unit sizes across three floors, the property may appeal to households looking for varied bedroom options within one building.

Key Highlights

  • Three‑unit triplex (built 1963) with private entrances for each unit.
  • Unit mix: first‑floor 3–4 bed/2 bath with separate entrance; second‑floor 3 bed/1 bath; third‑floor 2 bed/1 bath.
  • Covered fire escapes plus an additional lot with 19 parking spaces; parking lot on a separate buildable lot.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Tech Support Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,363
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex with private entrances, covered fire escapes, and parking on a separate buildable lot.
Where is this triplex located?
The property is located at 38 N 10th Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three‑unit triplex (built 1963) with private entrances for each unit.; Unit mix: first‑floor 3–4 bed/2 bath with separate entrance; second‑floor 3 bed/1 bath; third‑floor 2 bed/1 bath.; Covered fire escapes plus an additional lot with 19 parking spaces; parking lot on a separate buildable lot.
More about this property
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