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$650,000
Property Description
Prime Mixed-Use Investment Opportunity in Mount Vernon, NY. Welcome to 55 Mount Vernon Avenue, Mount Vernon, NY 10550 - a rare mixed-use commercial property offering income potential and exceptional visibility in a highly desirable location. This well-positioned 2,600-square-foot property features a street-level storefront along with three residential apartments, creating multiple income streams under one roof. The residential component includes two spacious 2-bedroom apartments and one large 4-bedroom unit, providing strong rental appeal and long-term value. The ground-floor commercial space is ideal for retail, professional office use, or a variety of service-based businesses. Large storefront exposure and steady local traffic help create excellent visibility and convenience for customers and clients alike. Location is everything, and this property delivers. Situated in a prime Mount Vernon location, you'll enjoy close proximity to major parkways, shopping, dining, public transportation, and train service, making commuting and daily errands simple and convenient. Whether viewed as an income-producing asset or a strategic commercial real estate investment, this mixed-use property offers flexibility, rental income potential, and a location that continues to attract activity and growth. Property Highlights: Mixed-use commercial property Street-level storefront Three residential rental units Two 2-bedroom apartments One 4-bedroom apartment Approximately 2,600 square feet Suitable for retail, office, or service business use Prime Mount Vernon location Near parkways, shopping, restaurants, and train service Strong income-producing potential Don't miss the opportunity to own a versatile commercial property in the heart of Mount Vernon with built-in rental income and outstanding accessibility.
Full Property Details
Full Property Details for 55 Mt Vernon Ave
General
- Price: $650,000
- Taxes: $19,365
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1014216
- Updated: 7/7/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), High Ceilings
Rooms
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: None
Location
- County: Westchester County
- Cross Streets: W Lincoln Avenue and S Macquesten Pkwy
- Driving Directions: Bronx River Rd to Yonkers Avenue to Mount Vernon Avenue
School Information
- High School District: Mount Vernon
- Elementary School: Hamilton
- Middle School: Benjamin Turner Middle School
- High School: Mt Vernon High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Trash Collection Public
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.0606
- Lot Size (Sq. Ft.): 2,639
Financial Considerations
- Tax Amount: $19,365
- Tenant Pays: All Utilities, Electricity, Gas, Heat
Disclosures and Reports
- Special Conditions: None
- Property ID: 0800-164-076-01071-000-0009
Listed by Keller Williams Realty Group
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Schools
Schools serving 55 Mt Vernon Ave
School District:Mount Vernon School District
| Name | Grades | Distance |
|---|---|---|
Hamilton School, Mount Vernon, NY 20 Oak Street, Mount Vernon, NY 10550 | K-6 | 0.1 mi |
Benjamin Turner Middle School 624 South 3rd Avenue, Mount Vernon, NY 10550 | 7-9 | 1.4 mi |
Denzel Washington School-Arts 121 South 6th Avenue, Mount Vernon, NY 10550 | 9-12 | 0.5 mi |
Mount Vernon High School 100 California Road, Mount Vernon, NY 10552 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55 Mt Vernon Ave
Date
Details
Price
Change
Source
7/07/2026
Listed
$650,000
—
MLS
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
Tax History for 55 Mt Vernon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$11,500
—
2024
100%
$11,500
—
2020
-100%
$11,500
—
2020
$16,958
2%
$11,500
—
2018
$16,699
3%
$11,500
—
2017
$16,273
1%
$11,500
—
2017
$16,066
-1%
$11,500
—
2016
$16,215
3%
$11,500
—
2015
$15,717
4%
$11,500
—
2013
$15,156
—
$11,500
—
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
Estimate the Cost for 55 Mt Vernon Ave
55 Mount Vernon Avenue, Mount Vernon, NY 10550 (MLS# 1014216) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 55 Mount Vernon Avenue is currently listed for $650,000 and was received on July 07, 2026. Want to learn more about 55 Mount Vernon 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.