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Three-Unit Property with Garage
For Sale
$750,000

461 S 1st Avenue, Mount Vernon, NY 10550

Multi-family property with flexible layouts, private balconies, and a three-car garage in Mount Vernon.

Property Size4,530 SF
Price / SF$165.56
Days on Market26

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 23 Last Checked: Sep 23 at 2:39AM

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.

Built in 1925, this 4,530-square-foot triplex contains three residential units. The first- and second-floor apartments each offer 3 bedrooms, 2 full bathrooms, a living room, kitchen, den, and private balcony. The third-floor apartment includes 1 bedroom and 1 full bathroom. One bathroom in the second-floor unit was renovated in 2018, while the property overall requires updating and improvements.

The building is located at 461 S 1st Avenue in Mount Vernon, NY 10550. A three-car garage provides off-street parking. The property has been held by the same ownership for 50 years and is now being offered for sale.

Key Highlights

  • 4,530‑square‑foot triplex built in 1925
  • Two 3‑bedroom, 2‑bath units with living rooms, kitchens, dens, and private balconies
  • Third‑floor apartment includes 1 bedroom and 1 full bathroom

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Multi-family property with flexible layouts, private balconies, and a three-car garage in Mount Vernon.
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; Two 3‑bedroom, 2‑bath units with living rooms, kitchens, dens, and private balconies; Third‑floor apartment includes 1 bedroom and 1 full bathroom
More about this property
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