Search
Duplex With Finished Basement Unit
For Sale
$699,999

462 S 3rd Avenue, Mount Vernon, NY 10550

Two-family property with an additional finished lower-level residence, private driveway, and backyard space.

Property SizeContact for details
Days on Market18

Property Features for 462 S 3rd Avenue

General Information

Standard status Active
Property subtype Duplex

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Taxes and HOA fees

Annual Taxes $16,327

Building Details

Year Built 1950
Buildings 1
Listing Agency: eXp Realty
Listed By: Ismail S. Kolya · License #NY10301218725
Source: Shawmetro
Added: Aug 4 Changed: Aug 20 Last Checked: Aug 21 at 10:39AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This 1950-built duplex includes a second-floor apartment with three bedrooms and one bathroom above a first-floor two-bedroom, one-bath apartment. The finished basement adds a one-bedroom, one-bath residence with its own separate entrance, providing three distinct living areas within the property. A private driveway and backyard are also included.

The property is on S 3rd Avenue in Mount Vernon’s South Side. It is located near MetroNorth, the Bronx River and Cross County Parkways, and the I-87 and I-95 expressways. The layout supports occupancy by an owner in one apartment while the other residences are rented, subject to applicable requirements.

Key Highlights

  • Three‑bedroom, one‑bath apartment occupies the second floor
  • First‑floor apartment offers 2 bedrooms and 1 bathroom
  • Finished basement includes a 1‑bedroom, 1‑bath unit with separate entrance

Property Analytics

Current Use

Duplexes

Suggested Use

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

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
Yes
Highway access

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-family property with an additional finished lower-level residence, private driveway, and backyard space.
Where is this duplex located?
The property is located at 462 S 3rd Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Three‑bedroom, one‑bath apartment occupies the second floor; First‑floor apartment offers 2 bedrooms and 1 bathroom; Finished basement includes a 1‑bedroom, 1‑bath unit with separate entrance
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message