3 Sherman Avenue Mount Vernon, NY $ 3,999,000
3 Sherman Avenue
$ 3,999,000
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3 Sherman Avenue

Mount Vernon, NY, 10552
$ 3,999,000
Bedrooms-- Baths-- Sq 12,000

Monthly Estimate*

$ 24,623

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Commercial Property for sale in Mount Vernon, NY

for $3,999,000. This 12,000 square foot building was built in 1901 on a lot size of 0.28.

Exceptional Investment Opportunity in the Bronxville Area Originally built as a historic schoolhouse, this unique 14-unit building(+ one super unit) was completely renovated in 2013, offering modern comfort while retaining timeless character. The property features a mix of 1 and 2 bedroom apartments, all newly constructed during the full redevelopment. Residents enjoy on-site laundry facilities and unbeatable convenience—just steps to the bus and a short walk to the charming Chester Heights neighborhood. Ideally located near all major highways and only 1.5 miles from the train, this property provides excellent commuter access. A standout asset in a prime location, perfect for investors seeking a fully updated, low-maintenance building with strong rental appeal.

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Commercial Active

Price

$ 3,999,000

Property Type

Commercial

Taxes

$ 75,774

Style

Multi Family

Lot Size

0.28

Year Built

1901

Town/City

Mount Vernon

County/Region

Westchester

MLS | Web ID

940112

Features
General
Sewer Public Sewer
Heating Natural Gas Radiant
Cooling Wall/Window Unit(s)
Utilities Trash Collection Public
Security Features Security System
Construction Materials Brick Stucco
Year Built 1901
Property Subtype Multi Family
Tax Year 2025
Parcel Number 0800-165-033-02135-000-0009
County Westchester County
Property Type Commercial Sale
City Mount Vernon
Number Of Units Total 14
Property Attached Y/N N
Tax Annual Amount 75774
Property Condition Updated/Remodeled
Water Sewer Expense 4617
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 45000
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Interior
Basement See Remarks
Basement Features See Remarks
Basement (Y/N) Y
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Exterior
Parking Features Common On Street Parking Lot Common On Street Parking Lot
Water Source Public
Building Area Total 12000
Waterfront Y/N N
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Internal Only
Street Number 1 3
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* Excluded Features
List By
Michelle Prisco

Listing Agent

Era Insite Realty Services

Broker

914-949-9600

Contact

Affordability Calculator

$30,937
Per Month
80%
20%
0%
Monthly Principal & Interest
$24,623
Monthly Property Taxes
$6,315
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$3,999,000 -14.90% Price Down
12/2/2025$4,699,000 Listed Price

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3 Sherman Avenue, Mount Vernon, NY, 10552 is a Commercial Property for sale at $3,999,000 with 12,000 sqft and a lot size of 0.28. 3 Sherman Avenue was built in 1901. The property's zip code is 10552 which is in Mount Vernon, NY