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$995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 2 days ago
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This property is being sold based on the HUGE Rental revenue, Positive cash flow and Renovated BEAUTIFUL condition. The property consists of 3 UNITS PLUS a finished walkout Garden apartment with a legal kitchen and bath. Property is a 4 bedroom 2 bath, 3 bedroom 1 bath, 2 bedroom 1 bath, 1 bedroom 1 bath. Currently the 1st floor 3 bedroom apartment is vacant and the property is still grossing over $87,000 per year!! Why only live rent free when you can live in this apartment and still generate a positive cash flow!! When this apartment is rented out the Building Gross Rental Revenue is a WHOPPING $121, 752. Yes you read correctly- $121, 752!!!! As a bonus Tenants pay for their own cooking gas, electric and hot water. This is a rarity amongst Multi Families and makes this your perfect home or investment cash cow!!

Full Property Details for 142 N Terrace Ave

General

  • Price: $995,000
  • Taxes: $16,500
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 952048
  • Updated: 1/15/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 10

Parking

  • Parking Features: Off Street

Location

  • County: Westchester County

School Information

  • High School District: Mount Vernon
  • Elementary School: Hamilton

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Natural Gas, Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Connected, Trash Collection Public

Structural Information

  • Detached/Attached: Detached
  • Construction: Brick
  • Basement Desc.: None
  • Year Built: 1940

Lot Features

  • Lot Size (Acres): 0.0761
  • Lot Size (Sq. Ft.): 3,315

Financial Considerations

  • Tax Amount: $16,500

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 0800-164-060-01074-000-0005

Listed by Bayview Realty

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Listing agent

— 142 N Terrace Ave —

  • Bayview Realty

917-439-3258

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 142 N Terrace Ave

School District:Mount Vernon School District
NameGradesDistance
Hamilton School, Mount Vernon, NY
20 Oak Street, Mount Vernon, NY 10550
K-60.2 mi
Benjamin Turner Middle School
624 South 3rd Avenue, Mount Vernon, NY 10550
7-91.5 mi
Denzel Washington School-Arts
121 South 6th Avenue, Mount Vernon, NY 10550
9-120.7 mi
Mount Vernon High School
100 California Road, Mount Vernon, NY 10552
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 142 N Terrace Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Listed
$995,000
296.41%
MLS
8/29/2019
Sold
$251,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 142 N Terrace Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$10,000
—
2020
-100%
$10,000
—
2020
$15,003
3%
$10,000
—
2018
$14,521
3%
$10,000
—
2017
$14,150
1%
$10,000
—
2017
$13,971
-1%
$10,000
—
2016
$14,100
3%
$10,000
—
2015
$13,667
4%
$10,000
—
2013
$13,179
—
$10,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 142 N Terrace Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Bayview Realty

142 N Terrace Avenue, Mount Vernon, NY 10550 (MLS# 952048) is a Multi-Family property with 4 units containing 10 bedrooms and 5 full bathrooms. 142 N Terrace Avenue is currently listed for $995,000 and was received on January 14, 2026. Want to learn more about 142 N Terrace Avenue? Do you have questions about finding other Multi-Family real estate for sale in Mount Vernon? You can browse all Mount Vernon real estate or contact a Coldwell Banker agent to request more information.

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