1 month on rocket

406 S 3rd Ave, Mount Vernon, NY, 10550

$888,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
3 Full Baths
3,920 SqFt
$227/SqFt
Multi
Schools Nearby

Location

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406 S 3rd Ave, Mount Vernon$888,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway
Year Built1918
HeatingNatural Gas, Baseboard, Hot Water
CoolingWindow Unit(s)
BasementYes
MLS #H6297584
StatusActive
(A)

About 406 S 3rd Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Living Area: 3,920 SqFt

Listing Office:

  • Office Name: Keller Williams Realty NYC Grp
  • Office Phone: (718) 697-6800

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Hot Water
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Take E. Sanford Blvd and make a right on S. 3rd Ave. (Between E. Sandford Blvd. and E. 5th St)

Price Information

Listing Price Info

Price Summary:

  • List Price: $888,000
  • Price Per SqFt: $227/SqFt

Tax Information:

  • Annual Amount: $16,594
  • Tax Year: 2019
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Housing Market Comparison

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

Med. Sold Price

$481K

Med. Price/SqFt

$226

Avg. Days On Market

67

# of Sold Homes

23

406 S 3rd Ave vs Mount Vernon

32 DAYS ON ROCKET

-35 Days

$888,000

+$407K More

$227/SqFt

-$0 Less

KEY TAKEAWAY

This property is $407K more than the Median Sold Price and $0/SqFt less 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: #H6297584

Listing Office:

  • Office Name: Keller Williams Realty NYC Grp
  • Office Phone: (718) 697-6800

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: 4/29/2024, 11:56:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $12,700
2019$16,594$11,200
2018$16,263$11,200
2017$15,848$11,200

History based on county public records data.

Payment Calculator

$4,499

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,729

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-3540517
5
/10
  • Cecil H Parker School

  • 461 S 6th Ave

  • 0.18 miles

  • Public District Grades KG-6

school-card-donut-3540518
4
/10
  • Edward Williams School

  • 9 Union Ln

  • 0.21 miles

  • Public District Grades PK-6

school-card-donut-3540519
8
/10
  • Longfellow School

  • 625 S 4th Ave

  • 0.39 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,000. The most common annual income of people living in Mount Vernon, NY is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkWestchester CountyMount Vernon10550406 S 3rd Ave

This home is located at 406 S 3rd Ave in Mount Vernon, NY and zip code 10550. This 3,920 square foot home was built in 1918. Features: 11 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $888,000.

In March 2024 more than 7 listings in Mount Vernon, NY were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Mount Vernon, NY increased by 5.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $481,000, while the average time on the real estate market was 67 days.

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

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