Two-Family Duplex with
New
For Sale
$750,000
547 S 11th Avenue, Mount Vernon, NY 10550
Both residences offer three bedrooms and two full bathrooms, with a finished walkout basement and outdoor space.
Property Size2,500 SF
Price / SF$300
Days on Market7
Property Features for 547 S 11th Avenue
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Duplex
Site & Location
Neighborhood
West Mount Vernon
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$27,499
Building Details
Building Size
2,500 SF
Year Built
2018
Buildings
1
Listing Agency:
Real Broker NY LLC
Listed By:
Emanuel Ochoa · License #10301223673
(914) 247-2632
Source:
Shawmetro
Added: Oct 22
Changed: Oct 27
Last Checked: Oct 28 at 2:17PM
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 Real Broker NY LLC
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Investment Insights
Based on property information with market context.
This detached duplex in Mount Vernon contains two apartments, each with three bedrooms and two full bathrooms. Built in 2018, the property also includes a finished walkout basement, a backyard, and a private two-car garage with additional driveway parking. The home is scheduled for delivery vacant.
Mount Vernon provides access to the Bronx and New York City, with shopping and transportation among the nearby conveniences.
Mount Vernon provides access to the Bronx and New York City, with shopping and transportation among the nearby conveniences.
Key Highlights
- Two apartments, each with 3 bedrooms and 2 full bathrooms
- Built in 2018
- Finished walkout basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,695
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$973,900
$973.9K
Cap Rate 7%
$695,643
$695.6K
Cap Rate 9%
$541,056
$541.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$74.4K $29.76/SF
− Vacancy
−$4.8K −$1.93/SF
EGI
$69.6K $27.83/SF
− OpEx
−$20.9K −$8.35/SF
NOI
$48.7K $19.48/SF
Area
Westchester County, NY
Vacancy
6.50%
Lease Rate
$29.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$973,900
Cap Rate 7%
$695,643
Cap Rate 9%
$541,056
Alternative Uses
Best Use
Multifamily LT 5
$695.6K
$608.7K – $811.6K
NOI $48,695 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$612.6K
$536.0K – $714.7K
NOI $42,879 @ 7.0% cap · market cap 5.72%
Theoretical Best
Retail
$755.2K
$660.8K – $881.0K
NOI $52,861 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three bedrooms and two full bathrooms, with a finished walkout basement and outdoor space.
Where is this duplex located?
The property is located at 547 S 11th 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: Two apartments, each with 3 bedrooms and 2 full bathrooms; Built in 2018; Finished walkout basement
