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Duryea Avenue
Mount Vernon, New York
$799,000 Price
5 Bedrooms  
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Photo 1 of Duryea Avenue, Mount Vernon, New York, $799,000, Web #: 843202Previous PhotoNext Photo1 of 22

Fully rented 2-family home in Mount Vernon offering strong income and a great layout for long-term investment. The first-floor unit features 2 bedrooms and 1 full bath, with a spacious eat-in kitchen and private side entrance. The second-floor unit offers 3 bedrooms and 1.5 baths, accessed through the front....

Fully rented 2-family home in Mount Vernon offering strong income and a great layout for long-term investment. The first-floor unit features 2 bedrooms and 1 full bath, with a spacious eat-in kitchen and private side entrance. The second-floor unit offers 3 bedrooms and 1.5 baths, accessed through the front. A private foyer and staircase, with a screened-in porch for added outdoor space. Both units have hardwood floors, plenty of closet space and are in good condition. There's a full basement with access from the front and side yard, a utility room, and space for potential laundry hookups. The backyard is used by the tenants, who are responsible for keeping it clean. A shed is included with the sale. The property generates a total annual gross income of $58,800. 2 bed unit pays $2,200 and 3 bed unit pays $2,700. Estimated annual expenses are approximately $15,200, including insurance, utilities (Con Edison), water/refuse, and maintenance. Net Operating Income (NOI) $43,600, offering a cap rate of approximately 5.46% at the current asking price. The first-floor lease has expired and the tenants would like the opportunity to stay. The second-floor lease runs through Nov-Dec 2025. The first floor and basement can be shown at any time; the second-floor unit is available for viewing after 6 PM or on weekends. All tenants will provide access. Located close to transit, shops, and schools—don’t miss this opportunity. Schedule your tour today!

Listing courtesy of Keller Williams Ny Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Mount Vernon, New York
Type:
Price: $799,000
Date Listed: 4/10/2025
Last Updated: 4/18/2025
Web ID: 843202

Info & Amenities

Bedrooms: 5
Bathrooms: 3.0
Built: 1962

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.