7 months on rocket

143147 E Prospect Ave, Mount Vernon, NY, 10550

$1,450,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
5 Full Baths
5,000 SqFt
$290/SqFt
Multi

Location

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143147 E Prospect Ave, Mount Vernon$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway, Off Street, Private
Year Built1920
HeatingOil, Steam
CoolingWindow Unit(s)
BasementYes
MLS #H6296032
Lot Size0.28 Acres
StatusActive
(A)

About 143147 E Prospect Ave

Located in the heart of Mount Vernon, this Legal 5 family property presents a compelling investment opportunity. Comprising five fully occupied units, it offers immediate income generation in a highly desirable neighborhood. Tenants benefit from easy access to local amenities, schools, parks, shopping centers, and are within walking distance to the Metro North Train and buses, enhancing tenant retention and property value appreciation. The property includes a 14-space private parking lot, offering the convenience of off-street parking for tenants at $125 per space per month. This amenity not only adds value to the property but also attracts quality tenants, further solidifying its investment potential. With RMF15 zoning, there's significant potential for expansion or redevelopment, providing investors with flexibility and future value appreciation opportunities. Whether seeking immediate cash flow or long-term value, this property is a must-see for savvy investors. Contact us today to schedule a private viewing and explore the lucrative possibilities this investment holds.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 5,000 SqFt

Listing Office:

  • Office Name: Charles Rutenberg Realty, Inc.
  • Office Phone: (516) 575-7500

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street, Private

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Oil, Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Park Ave to Archer Ave to East Prospect Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $290/SqFt
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Housing Market Comparison

See how this home compares to others in Mount Vernon, NY.

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Mount Vernon, NY

City

Med. Sold Price

$498.4K

Med. Price/SqFt

$241

Avg. Days On Market

61

# of Sold Homes

26

143147 E Prospect Ave vs Mount Vernon

239 DAYS ON ROCKET

+178 Days

$1,450,000

+$951.5K More

$290/SqFt

+$49 More

KEY TAKEAWAY

This property is $951.5K more than the Median Sold Price and $49/SqFt more than other homes in Mount Vernon, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6296032

Listing Office:

  • Office Name: Charles Rutenberg Realty, Inc.
  • Office Phone: (516) 575-7500

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/17/2024, 8:11:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-353517
8
/10

  • Hutchinson Elementary School

  • 301 Third Ave

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-353518
10
/10

  • Colonial Elementary School

  • 315 Highbrook Ave

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-353519
6
/10

  • Daniel Webster Elementary School

  • 95 Glenmore Dr

  • 1.15 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,395. The majority of Mount Vernon, NY residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Westchester County›Mount Vernon›10550›143147 E Prospect Ave

This home is located at 143147 E Prospect Ave in Mount Vernon, NY and zip code 10550. This 5,000 square foot home, which was built in 1920, sits on a 0.28 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 23, 2024 and is currently priced at $1,450,000.

Over 13 listings were sold over their listed price in October 2024 in Mount Vernon, NY. In the same period over 7 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Mount Vernon, NY increased by 4.9% between September 2024 and October 2024. Listings spent 61 days on the market in October 2024, and had a median list price of $498,404 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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