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Renovated Triplex with Owner Unit
For Sale
$799,000

529 Locust St, Mount Vernon, NY 10552

Legal three-family property with a separate vacant apartment, updated systems, garage parking, and access to Metro-North transportation.

Property SizeContact for details
Days on Market19

Property Features for 529 Locust St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Gross Income $59,304
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $20,300

Amenities

gazebo
storage
rear yard
air conditioning

Building Details

Buildings 1
Construction stucco
Listing Agency: eXp Realty
Listed By: Manuel Galan
Source: Exprealty
Added: Sep 14 Changed: Sep 19 Last Checked: Oct 1 at 2:35PM

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.

Built in 1923, this legal three-family property offers a separate vacant apartment alongside two month-to-month occupied units, creating flexibility for an owner-user or rental operator. The all-stucco building includes a two-car garage, concrete garage ceiling, grassy rear yard, gazebo, and storage. Apartment 1N received a comprehensive renovation in 2023 with spray-foam insulation, soundproof ceilings, 100-amp electrical service, updated plumbing, kitchen, and bath. A new architectural roof was installed last year with a transferable 30-year warranty.

Utilities are separately configured across the apartments, with electric, gas, oil, and individual hot-water systems serving different units. The property is near the Fleetwood Metro-North station, with typical service to Grand Central taking about 28 minutes. Gramatan Avenue retail and dining are walkable, while Bee-Line buses, the Cross County Parkway, Bronx River Parkway, Hutchinson River Parkway, and I-95 provide additional transportation access.

Key Highlights

  • Legal three‑family property with one physically separate vacant apartment
  • Two‑car garage with solid concrete ceiling, rear yard, gazebo, and storage
  • Apartment 1N renovated in 2023 with new plumbing, kitchen, bath, and 100‑amp electric service

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Hotel & Motel (Bike/Boat/Book/etc) Store 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
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby

Demographics for 10552, NY

21,296
Population
10,143
Households
2.1
Avg Household Size
44
Median Age
52%
College-Educated
90%
High-School Grad
1.7 sq mi
ZIP Area
12,527
Density / Sq Mi
$97,105
Median Household Income
$60,329
Median Earnings
$1,770
Median Rent
$331,400
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 - Legal three-family property with a separate vacant apartment, updated systems, garage parking, and access to Metro-North transportation.
Where is this triplex located?
The property is located at 529 Locust St Mount Vernon, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Legal three‑family property with one physically separate vacant apartment; Two‑car garage with solid concrete ceiling, rear yard, gazebo, and storage; Apartment 1N renovated in 2023 with new plumbing, kitchen, bath, and 100‑amp electric service
More about this property
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