14 S Terrace Avenue
Mount Vernon, NY, 10550 $ 689,000
Bedrooms5 Baths2.0 Sq 4,792 Monthly Estimate*
$ 4,298
for $689,000 with 5 bedrooms and 2 full baths. This 4,792 square foot home was built in 1919 on a lot size of 0.11.
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.
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Eat-in Kitchen Entrance Foyer
Basement Partially Finished See Remarks Storage Space Walk-Out Access
Flooring Hardwood
Basement Features Partially Finished See Remarks Storage Space Walk-Out Access
Basement (Y/N) Y
Total Bedrooms 5
Total Baths 2
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GeneralSewer Public Sewer
Heating Oil
Cooling Wall/Window Unit(s)
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 Conne
Construction Materials Vinyl Siding
Year Built 1919
Tenant Pays Electricity Gas Heat
Property Subtype Duplex
Tax Year 2025
Parcel Number 0800-164-076-01063-000-0006
County Westchester County
Property Type Residential Income
Garage Y/N N
Full Baths 2
City Mount Vernon
Senior Community Y/N N
Number Of Units Total 3
Carport Spaces 4
Carport Y/N Y
Property Attached Y/N N
Tax Annual Amount 16000
Building Area Units Square Feet
Standard Status Active
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ExteriorParking Features Driveway Parking Lot Driveway Parking Lot
Water Source Public
Waterfront Y/N N
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* Excluded FeaturesList ByAlissa M. ShimanskyListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $4,298
- Monthly Property Taxes
- $1,333
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyMulti-family listings in Mount Vernon, NY
Average List Price $804,022
Percent of Sale Price 17%
About Mount Vernon, NY 69,171 Population
1% Since 2002
$ 55,907 Median Income
40.06 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/29/2025 | $689,000 | | Listed Price |