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Fire-Damaged Legal Two-Family Duplex
For Sale
$500,000
Pending

416 Highland Avenue, Mount Vernon, NY 10553

Residential Income, Mount Vernon, NY

Property Size3,000 SF
Lot Size0.11 Acres
Days on Market416

Property Features for 416 Highland Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bedroom 1, Bedroom 5
Basement Walk-Out Access
Elementary school Graham
Middle school Benjamin Turner Middle School
High school Mt Vernon High School
Elementary school district Mount Vernon
Middle school district Mount Vernon
High school district Mount Vernon
Special listing conditions Short Sale, Third Party Approval
Standard status Pending
APN 0800-169-026-04074-000-0007
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8497

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Amenities

front sitting porch
mature landscaping
private driveway
backyard

Building Details

Year built 1920
Number of units 2
Building materials Frame
Architectural style Colonial
Listing Agency: Keller Williams Realty Group
Listed By: Janet Bingham
Added: Jul 1, 2025 Changed: Aug 20 Last Checked: Aug 20 at 9:06PM
MLS# 884292

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.

Investment Insights

Based on property information with market context.

This fire-damaged legal two-family duplex is offered strictly as-is with no repairs or clean-out by the seller and is not currently habitable. The structure is a frame Colonial home built in 1920, with an interior configuration arranged as a 1-bedroom unit over a 4-bedroom unit. The property includes a basement, two bathrooms, and a private driveway, backyard, and front sitting porch.

Utilities include public water and public sewer, and heating is provided via oil. The lot size is 0.11 acres. The home is located on a tree-lined street in the heart of Mount Vernon, within easy access to regional transportation.

For commuting, it’s described as about a 6-minute walk to Metro-North Mount Vernon East Station and about a 4-6 minute drive to I-95 via the Hutchinson River Parkway. Local bus service (routes 42/53/55) is described as approximately 3 minutes away. Buyer is responsible for due diligence, including permits and obtaining a new certificate of occupancy after closing.

Key Highlights

  • Fire‑damaged legal two‑family duplex sold strictly as‑is with no repairs or clean‑out; not currently habitable
  • Layout features a 1‑bedroom unit over a 4‑bedroom unit
  • 0.11‑acre lot with private driveway and backyard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Hotel & Motel

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,348
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

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?
Duplex - Legal two-family duplex with fire damage, sold strictly as-is and not currently habitable, with a 1-bedroom over 4-bedroom layout.
Where is this duplex located?
The property is located at 416 Highland Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Fire‑damaged legal two‑family duplex sold strictly as‑is with no repairs or clean‑out; not currently habitable; Layout features a 1‑bedroom unit over a 4‑bedroom unit; 0.11‑acre lot with private driveway and backyard
More about this property
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