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Duplex with Finished Walkout Basement
For Sale
$825,000

40 S 7th Avenue, Mount Vernon, NY 10550

Two separate living units are complemented by a renovated lower level with a kitchen area and its own exterior entrance.

Property SizeContact for details
Days on Market25

Property Features for 40 S 7th Avenue

General Information

Standard status Active
Property subtype Duplex

Site & Location

Neighborhood West Mount Vernon
Public Transit Yes

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1897
Buildings 1
Listing Agency: Neil Charles Real Estate
Listed By: Ann Stettner
Source: Neilcharlesrealestate
Added: Oct 6 Changed: Oct 30 Last Checked: Oct 29 at 7:54PM

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 Neil Charles Real Estate

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Investment Insights

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Built in 1897, this duplex has an upper residence with three bedrooms and one full bathroom, plus a main-floor residence with one bedroom and one full bathroom. The finished walkout basement was renovated and includes a full bathroom, a kitchen area, and private exterior access. A spacious backyard adds outdoor space.

A new roof was installed in 2025, and the main level has new windows. The building also has a well-maintained boiler. Street parking is available. The property is in Mount Vernon, with access to local shopping, restaurants, schools, public transportation, and major roadways.

Key Highlights

  • Upper residence has 3 bedrooms and 1 full bathroom; main‑floor residence has 1 bedroom and 1 full bathroom
  • Renovated, finished walkout basement with full bathroom, kitchen area, and private exterior access
  • New roof installed in 2025

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,345
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
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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 living units are complemented by a renovated lower level with a kitchen area and its own exterior entrance.
Where is this duplex located?
The property is located at 40 S 7th Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Upper residence has 3 bedrooms and 1 full bathroom; main‑floor residence has 1 bedroom and 1 full bathroom; Renovated, finished walkout basement with full bathroom, kitchen area, and private exterior access; New roof installed in 2025
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