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Three-Unit Residential Property
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54 Elm Avenue, Mount Vernon, NY 10550

Three separate apartments offer layouts ranging from one to three bedrooms, with a detached two-car garage.

Property SizeContact for details
Days on Market6

Property Features for 54 Elm Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Triplex

Property Condition

Severity Repairs Needed
Evidence House needs renovation.

Units

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

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $17,187

Building Details

Year Built 1926
Stories 3
Listing Agency: Clarke Realty
Listed By: Doris Clarke
Source: Totallywestchester
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 26 at 12:37PM

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 Clarke Realty

Investment Insights

Based on property information with market context.

This three-unit residential property contains one apartment on each of its three floors. The first-floor unit has three bedrooms, a living room, kitchen, and bathroom; the second-floor unit includes two bedrooms with the same common-room arrangement. The third-floor apartment has one bedroom, a living room, kitchen, and bathroom. A full, unfinished basement and a detached two-car garage are also part of the property. Built in 1926, the house requires renovation and is being offered in as-is condition.

The property is near Metro-North’s East Mount Vernon Station.

Key Highlights

  • Three apartments: one each on the first, second, and third floors
  • Unit layouts include 3, 2, and 1 bedrooms, respectively
  • Detached garage accommodates 2 cars

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center

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

2,686
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 - Three separate apartments offer layouts ranging from one to three bedrooms, with a detached two-car garage.
Where is this triplex located?
The property is located at 54 Elm Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Three apartments: one each on the first, second, and third floors; Unit layouts include 3, 2, and 1 bedrooms, respectively; Detached garage accommodates 2 cars
(914) 837-1084 Call to check price and availability
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