This property is being sold based on the HUGE Rental revenue, Positive cash flow and Renovated BEAUTIFUL condition.
The property consists of 3 UNITS PLUS a finished walkout Garden apartment with a legal kitchen and bath. Units consist of the following: 4 bedroom 2 bath ( $2929 Monthly Rent) 3 bedroom 1 bath ( Currently Vacant) , 2 bedroom 1 bath ($2537 Rent) , 1 bedroom 1 bath ( $1830 rent) .
Currently the 3 bedroom apartment is vacant and the property is still grossing over $87,000 per year!! Why only live rent free when you can live in this apartment and still generate a positive cash flow!! When this apartment is rented out the Building Gross Rental Revenue is a WHOPPING $121, 752. Yes you read correctly- $121, 752!!!! As a bonus Tenants pay for their own cooking gas, electric and hot water. This is a rarity amongst Multi Families and makes this your perfect home or investment cash cow!! Selling at approximately 8.5 % Cap rate. All program rents increase at approximately 3.5 % per year so cash flow will grow each year.
For sale
$1,095,000
142 N Terrace Avenue, Mount Vernon, NY 10550
10beds
--sqft
Triplex, Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 4 days |
- 233 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Bayview Realty 917-439-3258,
Daniel Feder 917-439-3258
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 952048
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Natural Gas, Other
Cooling
- None
Features
- Other
- Basement: None
- Attic: None
Property
Parking
- Parking features: Off Street
Lot
- Size: 3,315 Square Feet
Details
- Parcel number: 0800164060010740000005
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick
Condition
- Estimated
- Year built: 1940
- Major remodel year: 2021
Utilities & green energy
- Gas: Separate Gas Meters: 4
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Trash Collection Public
Community & HOA
Location
- Region: Mount Vernon
Financial & listing details
- Tax assessed value: $10,000
- Annual tax amount: $16,500
- Date on market: 1/14/2026
- Cumulative days on market: 27 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $1,095,000+200% |
Source:  OneKey® MLS as distributed by MLS GRID #952048 Report a problem | ||
| 4/21/2026 | Sold | $365,000-63.3% |
Source: Public Record Report a problem | ||
| 1/15/2026 | Listed for sale | $995,000+32.8% |
Source: OneKey® MLS as distributed by MLS GRID #952048 Report a problem | ||
| 11/17/2020 | Listing removed | $1,800 |
Source: Zillow Rental Manager Report a problem | ||
| 10/27/2020 | Price change | $1,800-37.9% |
Source: Zillow Rental Manager Report a problem | ||
| 9/16/2020 | Listing removed | $749,000 |
Source: Bayview Realty #H6054547 Report a problem | ||
| 9/6/2020 | Price change | $2,900+41.5% |
Source: Bayview Realty #H6066447 Report a problem | ||
| 8/31/2020 | Listed for rent | $2,050 |
Source: Bayview Realty #H6066438 Report a problem | ||
| 8/5/2020 | Listed for sale | $749,000+198.4% |
Source: Bayview Realty #H6054547 Report a problem | ||
| 9/17/2019 | Sold | $251,000-23.7% |
Source: Public Record Report a problem | ||
| 7/29/2019 | Price change | $329,000+86.7% |
Source: Shaw Properties #5003405 Report a problem | ||
| 7/19/2019 | Price change | $176,250-14.4% |
Source: Auction.com Report a problem | ||
| 6/25/2019 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 12/12/1996 | Sold | $206,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $10,000 |
| 2024 | -- | $10,000 |
| 2023 | -- | $10,000 |
| 2022 | -- | $10,000 |
| 2021 | -- | $10,000 |
| 2020 | -- | $10,000 |
| 2019 | -- | $10,000 |
| 2018 | -- | $10,000 |
| 2017 | -- | $10,000 |
| 2016 | -- | $10,000 |
| 2015 | -- | $10,000 |
| 2014 | -- | $10,000 |
| 2013 | -- | $10,000 |
| 2012 | -- | $10,000 |
| 2011 | -- | $10,000 |
| 2010 | -- | $10,000 |
| 2009 | -- | $10,000 |
| 2008 | -- | $10,000 |
| 2007 | -- | $10,000 |
| 2006 | -- | $10,000 |
| 2003 | -- | $10,000 |
| 2002 | -- | $10,000 |
| 2001 | -- | $10,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 10550
Nearby schools
GreatSchools rating
- 4/10Hamilton SchoolGrades: K-8Distance: 0.2 mi
- 4/10Denzel Washington School-ArtsGrades: 6-12Distance: 0.7 mi
- 3/10Mount Vernon High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Hamilton
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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