Two-Family Duplex with Finished
New
For Sale
$1,299,999
639 S 5th Avenue, Mount Vernon, NY 10550
Renovated kitchens, private driveway parking, and separate living areas support a range of residential occupancy arrangements.
Property Size4,070 SF
Lot Size0.11 Acres
Days on Market2
Property Features for 639 S 5th Avenue
General Information
Standard status
Active
Size
4,070 SF
Total Parking Spaces
8
Lot size
0.11 Acres
Property subtype
Residential Income
Units
Unit Mix
1 x 4BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$17,187
Amenities
landscaped grounds
finished basement
Electric
Finished, Full, Walk-Out Access
Crown Molding, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Recessed Lighting
Bedroom
Fenced, Back Yard, Front Yard, Wood
Driveway
Lighting, Rain Gutters
Colonial
Building Details
Building Size
4,070 SF
Year Built
1920
Listing Agency:
BESMATCH REAL ESTATE
Listed By:
Christopher A. Baksh
(646) 241-2734
Source:
Evrealestate
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 14 at 9:42PM
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 BESMATCH REAL ESTATE
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Investment Insights
Based on property information with market context.
This legal two-family property contains an upper duplex with four bedrooms and two bathrooms, plus a separate two-bedroom, one-bath unit below. Both residences have updated kitchens with islands, hardwood flooring, and detailed interior trim. Mini-split systems provide heating and cooling. The finished basement includes three additional rooms and bathrooms. Building area is 4,070 square feet, and the property dates to 1920.
The parcel measures 50 by 100 feet and includes landscaped grounds and an extended private driveway with parking for approximately 7 to 8 vehicles. Improvements include a new roof and updated plumbing and electrical systems.
The parcel measures 50 by 100 feet and includes landscaped grounds and an extended private driveway with parking for approximately 7 to 8 vehicles. Improvements include a new roof and updated plumbing and electrical systems.
Key Highlights
- Legal two‑family property with a four‑bedroom, two‑bath upper duplex and a two‑bedroom, one‑bath lower unit
- 4,070‑square‑foot building on a 50 by 100 lot
- Finished basement with three rooms and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,275
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,500
$1.6M
Cap Rate 7%
$1,132,500
$1.1M
Cap Rate 9%
$880,833
$880.8K
Market Conditions
NOI Build-Up for 4,070 SF
Gross rent
$121.1K $29.76/SF
− Vacancy
−$7.9K −$1.93/SF
EGI
$113.3K $27.83/SF
− OpEx
−$34.0K −$8.35/SF
NOI
$79.3K $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%
$1,585,500
Cap Rate 7%
$1,132,500
Cap Rate 9%
$880,833
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$990.9K – $1.32M
NOI $79,275 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$997.3K
$872.6K – $1.16M
NOI $69,808 @ 7.0% cap · market cap 5.37%
Theoretical Best
Retail
$1.23M
$1.08M – $1.43M
NOI $86,058 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,378
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Renovated kitchens, private driveway parking, and separate living areas support a range of residential occupancy arrangements.
Where is this duplex located?
The property is located at 639 S 5th Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Legal two‑family property with a four‑bedroom, two‑bath upper duplex and a two‑bedroom, one‑bath lower unit; 4,070‑square‑foot building on a 50 by 100 lot; Finished basement with three rooms and bathrooms
