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Three-Unit Multifamily Property
New
For Sale
$750,000

461 S 1st Avenue, Mount Vernon, NY 10550

Multifamily building with spacious unit layouts, private balconies, and a three-car garage.

Property Size4,530 SF
Price / SF$165.56
Days on Market4

Property Features for 461 S 1st Avenue

General Information

Standard status Active
Size 4,530 SF
Total Parking Spaces 3
Property subtype Triplex

Property Condition

Severity Repairs Needed
Evidence in need of updating and improvements

Units

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

Taxes and HOA fees

Annual Taxes $18,827

Amenities

private balcony

Building Details

Building Size 4,530 SF
Year Built 1925
Listing Agency: Keller Williams Realty Group
Listed By: Jamela White
Source: Shawmetro
Added: Aug 30 Changed: Sep 1 Last Checked: Sep 1 at 9:23PM

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.

Located at 461 S 1st Avenue in Mount Vernon, New York, this 4,530-square-foot triplex was built in 1925. The first- and second-floor residences each include three bedrooms, two full bathrooms, a living room, kitchen, den, and private balcony. The third-floor unit contains one bedroom and one full bathroom.

A three-car garage provides off-street parking. One bathroom on the second floor was renovated in 2018, while the property otherwise requires updating and improvements. The three-unit configuration and varied floor plans offer a substantial residential income property with room for customization.

Key Highlights

  • 4,530‑square‑foot triplex built in 1925
  • First- and second‑floor units each offer 3 bedrooms and 2 full bathrooms
  • Third‑floor apartment includes 1 bedroom and 1 full bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,544
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
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily building with spacious unit layouts, private balconies, and a three-car garage.
Where is this triplex located?
The property is located at 461 S 1st Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,530‑square‑foot triplex built in 1925; First- and second‑floor units each offer 3 bedrooms and 2 full bathrooms; Third‑floor apartment includes 1 bedroom and 1 full bathroom
More about this property
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