Property profile

66 W 2Nd St Mount Vernon, NY 10550

FOR SALE
Residential income properties
Property ID
US63-0381694
Built 1900
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Property summary

AI-generated overview

This well-maintained 14-room and 2 Studios boarding house presents an excellent investment opportunity, offering strong rental potential and steady cash flow. The boarding house features sixteen private rooms, each generously sized and designed to accommodate one or two occupants. Common areas include a shared kitchen equipped with ample storage and cooking facilities, multiple shared bathrooms and restrooms to support tenant needs, and a comfortable communal living or dining area that encourages a friendly residential atmosphere. Located in a convenient area close to public transport, shops, schools, and local amenities, this boarding house is ideal for workers, or short- to medium-term residents. With consistent demand for affordable accommodation, this property represents a solid opportunity for investors or owner-operators seeking reliable income with potential for future growth. The property benefits from good natural light, proper ventilation, and durable finishes designed for low maintenance and long-term use.

Property profile

Verified
Property type Residential income properties
Year built 1900
UPID US63-0381694

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio

Location

66 W 2Nd St Mount Vernon, NY 10550
Mount Vernon metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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