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For sale
  • $500,000

    416 Highland Avenue, Mount Vernon, NY 10553

    5beds
    3,000sqft
    Duplex, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Private drivewayLarge front sitting porchTree-lined streetMature landscaping
    Calling all investors, builders, and visionaries, this fire-damaged legal 2-family offers endless upside just minutes from NYC! Located on a tree-lined street in the heart of Mount Vernon, this spacious 3,000 sq ft two-family home features a 1-bedroom unit over a 4-bedroom unit, the perfect setup for extended family, rental income, or dual investment. A large front sitting porch, mature landscaping, private driveway, and backyard complete the picture, all waiting to be brought back to life with your vision and skill. The home sustained fire damage and is not currently habitable. It is being sold strictly as-is, with no repairs or clean-out by the seller. Buyer is responsible for all due diligence, including permits and obtaining a new certificate of occupancy after closing. Cash buyers or rehab financing only. Property will not qualify for traditional mortgage financing in current condition. This is a rare opportunity to create your dream home while generating rental income, or to fully renovate and rent both units in a high-demand area. With imagination and investment, this property can be transformed into a beautiful multi-family residence that pays for itself over time. Transit & Access Highlights: • 6-minute walk to Metro-North Mount Vernon East Station, ideal for NYC commuters • 4–6 minute drive to I-95 via Hutchinson River Parkway • Local bus service (routes 42/53/55) just 3 minutes away Don’t miss your chance to restore and reimagine this diamond in the rough, a rare investor opportunity in this price range, especially in a market where inventory is extremely limited.
    39 days
    on Zillow
    |
    4,457
    |
    209
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 03, 2025 at 12:14am

    Listing by:

    Keller Williams Realty Group 914-713-3270,

    Janet Bingham 917-517-4004

    Source: OneKey® MLS,MLS#: 884292MLS Logo
    Travel times

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Oil, Other
    Cooling
    • None
    Features
    • Other
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Lot
    • Size: 4,792 Square Feet
    Details
    • Parcel number: 0800169026040740000007
    • Special conditions: Short Sale,Third Party Approval

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex, Multi Family
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected

    Community & HOA

    Location
    • Region: Mount Vernon

    Financial & listing details

    • Price per square foot: $167/sqft
    • Tax assessed value: $5,150
    • Annual tax amount: $8,497
    • Date on market: 7/1/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Other
    • Electric utility on property: Yes
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