$689,000

Estimated payment $5,080/month

Total Views 771
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • 3-minute walk to Mount Vernon West Station
  • Wood Flooring
  • Property is near public transit
  • Private Lot
  • Eat-In Kitchen

About This Home

Property Overview--

Welcome to a rare investment opportunity in the heart of West Mount Vernon’s Transit-Oriented Development (TOD) Zone, located less than 0.2 miles from the Mount Vernon West Metro-North Station—just a 30-minute ride to Grand Central Terminal. --
This Exclusive Multi-Family Property features:

--Two well-maintained residential units

-- A separate basement workspace/recreational area—ideal for a home office, personal workshop, art studio, gym, or additional owner use

-- At least 4 private parking spaces, a valuable asset in this high-demand commuter corridor

--- Property Features: 2 Residential Units --

Unit 1 (Main Floor):

- 3 bedrooms / 1 bath

- Eat-In Kitchen

- Bountiful Storage Space

- Hardwood Floors

-- Unit 2 (Second Floor):

- 2 bedrooms / 1 bath

- Eat-in Kitchen with bonus dining or pantry room

- Bright and spacious layout

- Walk up Access to unfinished Attic for Additional Storage Space

-- Both units offer reliable rental income with upside potential. Tenants enjoy convenient proximity to public transit via the Mount Vernon West Metro North Train Station, shopping, dining, etc, as well as close proximity to Bronx River Parkway.

-- Separate Basement Workspace / Recreational Area

- Walk In Entrance / Walk Out

- Partially finished with ample lighting -- NEW ROOF just installed!

- Half Bathroom, Utility Room & soo much storage space!

-- Ideal for owner occupancy: office / workspace, art studio, gym, workshop, or potential for conversion*

- Not included in rentable unit count—retains owner flexibility

-- Parking

- 4+ private off-street parking spaces with private driveway access. Blacktop just freshly repaved less than a year ago!

- A major advantage in this growing-density, transit-centric neighborhood

-- Location Highlights:

- Transit-Oriented Zone: Mount Vernon’s TOD designation promotes increased density, mixed-use development, and long-term value

- .2 miles from Mt Vernon West Station (3–4 min walk)

- Easy access to Bronx River Pkwy, I-87, Cross County Shopping Center, Bronxville, and NYC

- Close proximity to local markets, cafe, deli, shops and schools

-- Investment Potential!

- Strong rental demand due to proximity to transit
- Potential for additional income via partially finished basement area (subject to zoning/use)

- Ideal for owner-occupants, developers or portfolio investors

---Contact Agent for more info:

- Cap rate estimates, rent rolls, expense breakdowns, and pro forma projections available upon request.

---- Contact agent to schedule your private showing TODAY— do not miss out on this unique property that combines multi-unit income with owner-use flexibility, and commuter convenience in one package! ---

** floor plan measurements are only approximations
** property USPS address is 16 S Terrace Ave. Registered with DOB as 14 S Terrace Ave.

Listing Agent

Alissa Shimansky

Today Realty Corp. Brokerage Phone: 718-597-1777 License #10401374633 Listed on: 08/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 1919

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • Private Lot
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Storage

Parking

  • 4 Carport Spaces
  • Driveway
  • Parking Lot

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0800-164-076-01063-000-0006

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,000

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1919
  • Attribution Contact: 718-597-1777
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: Partially Finished, See Remarks, Storage Space, Walk-Out Access
  • Total Bedrooms: 5
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: Driveway, Parking Lot
  • Carport Spaces: 4

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, See Remarks, Sewer Connected, Trash Collection Public, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 40 x 125
  • Lot Size Sq Ft: 4792
  • Lot Features: Back Yard, Near Public Transit, Paved, Private, See Remarks
  • Parcel Number: 0800-164-076-01063-000-0006
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 16000
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,705 $7,700 $3,000 $4,700
2023 $9,886 $7,700 $3,000 $4,700
2022 $12,140 $7,700 $3,000 $4,700
2021 $11,922 $7,700 $3,000 $4,700
2020 $11,355 $7,700 $3,000 $4,700
2019 $11,214 $7,700 $3,000 $4,700
2018 $9,240 $7,700 $3,000 $4,700
2017 $0 $7,700 $3,000 $4,700
2016 $10,967 $7,700 $3,000 $4,700
2015 -- $7,700 $3,000 $4,700
2014 -- $7,700 $3,000 $4,700
2013 -- $7,700 $3,000 $4,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $689,000 -- --
Source: OneKey® MLS

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Source: OneKey® MLS

MLS Number: 906895

OneKey® MLS

APN: 0800-164-076-01063-000-0006