Investors and savvy homeowners, take note: this meticulously maintained three-family residence in Mount Vernon offers a premier opportunity to build equity or generate significant rental income. Each of the three units have a blending modern functionality with a layout that feels both airy and expansive.
Inside, you’ll find sun-drenched living spaces complemented by refreshed kitchens and bathrooms that meet the demands of today’s lifestyle. Whether you’re looking to occupy one unit and let the others pay your mortgage or seeking a turnkey addition to your portfolio, the versatility here is unmatched. The property also features the rare convenience of dedicated parking for multiple vehicles. This is a standout multi-family home where quality maintenance meets high-yield potential.
For sale
$699,999
228 N 5th Avenue, Mount Vernon, NY 10550
7beds
3,023sqft
Triplex, Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$232/sqft
$-- HOA
What's special
Modern functionalityRefreshed kitchens and bathroomsSun-drenched living spaces
- 1 day
- 551
- 58
Zillow last checked:
Listing updated:
Listed by:
Compass Greater NY, LLC 914-752-8763,
Joseph Lukic 914-334-3805,
Geno M. George 917-374-2591,
Compass Greater NY, LLC
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1044533
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil
Cooling
- None
Appliances
- Laundry: Common Area, In Basement, Laundry Room
Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Open Floorplan
- Flooring: Wood
- Basement: Finished,Walk-Out Access
- Attic: None
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 3,023
- Total interior livable area: 3,023 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 3,331 Square Feet
Details
- Parcel number: 0800165054011030000003
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex, Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- Actual
- Year built: 1920
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Mount Vernon
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $10,000
- Annual tax amount: $17,187
- Date on market: 8/29/2026
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for sale | $699,999-17.6%$232/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1044533 Report a problem | ||
| 3/24/2026 | Listing removed | $850,000$281/sqft |
Source: OneKey® MLS as distributed by MLS GRID #863977 Report a problem | ||
| 6/24/2025 | Pending sale | $850,000+150%$281/sqft |
Source: OneKey® MLS as distributed by MLS GRID #863977 Report a problem | ||
| 4/4/2002 | Sold | $340,000$112/sqft |
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 +20.5% |
| 2012 | -- | $8,300 |
| 2011 | -- | $8,300 |
| 2010 | -- | $8,300 |
| 2009 | -- | $8,300 |
| 2008 | -- | $8,300 |
| 2007 | -- | $8,300 |
| 2006 | -- | $8,300 |
| 2005 | -- | $8,300 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Downtown
Nearby schools
Schools provided by the listing agent
- Elementary: MOUNT VERNON HONOR ACADEMY
- Middle: Lincoln School
- High: Mt Vernon High School
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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