Home » Real Estate » NY » Mount Vernon » 10550 » 406 & 408 S 3rd Avenue, Mount Vernon, NY, 10550
$888,000

406 & 408 S 3rd Avenue, Mount Vernon, NY, 10550

11 Beds
3 Baths
3,920 Square Feet
This versatile property offers the perfect blend of modern updates and exciting possibilities. Recently renovated with brand new floors, windows, outlets, and switches throughout, the home boasts a flexible layout ideal for multi-family living or a creative conversion. Previously utilized as a three-family dwelling due to zoning changes, the 3rd floor kitchen was removed, but plumbing remains in place for the addition of a wet bar in the unit. For optimal utility management, the property boasts three electrical panels and three gas meters Boasting exceptional space, this residence offers 11 bedrooms and 3 full bathrooms spread across three versatile levels. First Floor: This level features 4 bedrooms and 1 bathroom, perfect for accommodating guests or a large family. Second Floor: Awash in natural light, the second floor boasts a spacious living room, a full bathroom, and 4 additional bedrooms. Third Floor: Previously utilized as a mother-in-law apartment, this flexible space offers 3 bedrooms, 1 full bathroom, and a bonus room, ideal for extended family, guests, or even a home office. Along with the opportunity to incorporate a wet bar into the unit. Dual entrances provide convenient access to all units, with the main entrance at the front of the house and a secondary entrance on the side. Ample parking is available with a side driveway that can comfortably accommodate 4 cars. The true star of this property is the highly valuable adjacent buildable lot. This additional space opens a world of opportunity for expansion. Imagine creating additional living space, in-law apartments, or even rental units to maximize your investment. The vacant lot that is adjacent to the property has it's own property tax ID. The property is being sold as - is and will be delivered vacant.Don't miss this incredible chance to own a piece of prime real estate with endless potential! All offers are to be pre screened per seller request. Please note some photo are virtual staged.
Offered By
Valine Richardson, Keller Williams Realty NYC Grp

Property Details

Property Type Residential Income
Status Active
Bedrooms 11
Bathrooms (Full) 3
Property Sub Type Multi Family
Square Feet 3,920
MLS # H6297584

Market Trends

New Properties On Market
12
140% Increase In New Listings
Average Asking Price
$800,741
$332,936 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$285
$34 Decrease In List Price/Sq. Ft.
Data as of Apr 27, 2024. Remaining statistics above are calculated on activity within the period from Feb 01, 2024 to Mar 31, 2024.

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