251-253 S Fifth Ave

mount vernon, NY 10550

$1,100,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    5,890 Sq Ft

    Commercial

    $30,000 Annual Tax

    Built in 1907

    MLS/Listing ID 830720

    6 Units

    Amenities & Features

    Heating - Oil

    Cooling - Wall/window unit(s)

    Construction - Frame

    Listing Courtesy of TRIFORCE COMMERCIAL RE LLC, JASON HOROWITZ - 845-323-9177

    ONEKEY

    Source of Data: ONEKEY MLS

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