251-253 S Fifth AVE new Save Request In-Person Tour Request Virtual Tour
Mount Vernon,NY 10550
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY830720
Originating Board onekey2
Rental Info No
Year Built 1907
Annual Tax Amount $30,000
Property Sub-Type Multi Family
Property Description
This well-maintained six-unit, rent-stabilized apartment building presents a strong investment opportunity in a prime Mount Vernon location. The property consists of four three-bedroom units and two one-bedroom units, providing a diverse unit mix that appeals to both families and individuals. Two of the units are occupied by an onsite service person, ensuring hands-on maintenance and added oversight for the building.
Significant capital improvements have been completed in the past year, including a new fence, sidewalk repairs, and siding repairs. The major building systems are in excellent shape, with a new boiler installed in 2022 and a roof replacement completed between 2021 and 2022, minimizing maintenance costs for years to come.
Ideally situated near key transportation hubs, the property offers easy access to Metro-North trains, multiple bus lines, and major thoroughfares such as the Cross County Parkway and the Bronx River Parkway, making commuting to New York City and surrounding areas convenient for tenants. Its strong location, stable tenancy, and recent upgrades make this an outstanding investment opportunity. Contact us for financial details and to schedule a private showing.
Location
State NY
County Westchester County
Rooms
Basement Unfinished
Interior
Heating Oil
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Available,Natural Gas Available,Water Available
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None