Search
Well-Maintained Boarding House Investment
For Sale
$1,333,000

66 W 2nd St, Mount Vernon, NY 10550

16-room boarding house with strong rental potential in convenient location.

Days on Market99

Property Features for 66 W 2nd St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: ERA Insite Realty
Listed By: Saleem Naber
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 31 at 6:37AM

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 ERA Insite Realty

Investment Insights

Based on property information with market context.

This well-maintained boarding house features 14 rooms and 2 studios, presenting an excellent investment opportunity with strong rental potential and steady cash flow. The property includes 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, and a comfortable communal living or dining area. The property benefits from good natural light, proper ventilation, and durable finishes designed for low maintenance and long-term use. 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 location has a walk score of 80, indicating it is very walkable, a bike score of 49, indicating it is somewhat bikeable, and a transit score of 52, indicating good transit.

Key Highlights

  • Strong rental income potential and steady cash flow from 16 private rooms.
  • Convenient location with high walkability (80) and good access to public transport (transit score 52), shops, schools, and local amenities.
  • Well‑maintained property designed for low maintenance and long‑term use.

Property Analytics

Current Use

Andrew's Videos Film Production

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Acupuncture Tech Support Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,300
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

Market

Properties on Market for Residential income properties in Mount Vernon

Jan
Feb
Mar
Apr
May
Jun
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - 16-room boarding house with strong rental potential in convenient location.
Where is this residential income property located?
The property is located at 66 W 2nd St Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,333,000.
What are key features of this property?
This property features: Strong rental income potential and steady cash flow from **16 private rooms**.; Convenient location with **high walkability (80)** and good access to public transport (transit score 52), shops, schools, and local amenities.; Well‑maintained property designed for low maintenance and long‑term use.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message