538, 540 and 542 East 3rd Street is being sold as a bulk package and consists of 2 multi family buildings and a parking lot with 7 apartments and 1 office. All the units are rented out with most being fully renovated within the past year. The portfolio consists of 2 buildings and 1 parking lot on 3 tax lots totaling 0.25 acres. 538 East 3rd Street consists of 3x 3 bedroom apartments. 540 East 3rd Street consists of a parking lot that is being rented out in its entirety. 542 East 3rd street consists of 3x 3 bedrooms apartments, 1x 1 bedroom apartment and 1 office. Each tenant pays for their own heat and hot water and their units are all separately metered. This is a great value add opportunity as the average rents are over 20% below market. This is also a great opportunity for an end user to live in one of the apartments while the rental income pays for all the operating expenses and mortgage. Walking distance to the Pelham downtown shopping district, Metro North station and bus stops, this portfolio is in a walkers paradise.
Sold for $762,500
$762,500
538 E 3rd St, Mount Vernon, NY 10553
19beds
7,200sqft
MultiFamily
Built in 1920
-- sqft lot
$1,255,600 Zestimate®
$106/sqft
$2,929 Estimated rent
Home value
$1,255,600
$1.03M - $1.51M
$2,929/mo
Zestimate® history
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List your homeWhat's special
Parking lotMetro north stationBus stops
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 8
- Full bathrooms: 8
Interior area
- Total interior livable area: 7,200 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 8,000 sqft
Details
- Parcel number: 55080016582402935
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Mount Vernon
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2023 | Sold | $762,500-53.8%$106/sqft |
Source: Public Record Report a problem | ||
| 7/29/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/30/2022 | Price change | $1,650,000-8.3%$229/sqft |
Source: Owner Report a problem | ||
| 3/27/2022 | Listed for sale | $1,800,000+318.6%$250/sqft |
Source: Owner Report a problem | ||
| 11/23/2020 | Sold | $430,000+23.2%$60/sqft |
Source: Public Record Report a problem | ||
| 2/19/2011 | Price change | $349,000-7.9%$48/sqft |
Source: ERA BESMATCH REAL ESTATE #3038433 Report a problem | ||
| 12/23/2010 | Listed for sale | $379,000-17.4%$53/sqft |
Source: ERA BESMATCH REAL ESTATE #3038433 Report a problem | ||
| 5/22/2009 | Sold | $458,915-16.6%$64/sqft |
Source: Public Record Report a problem | ||
| 10/25/2006 | Sold | $550,000+72.4%$76/sqft |
Source: Public Record Report a problem | ||
| 10/9/2002 | Sold | $319,000+248%$44/sqft |
Source: Public Record Report a problem | ||
| 3/22/2002 | Sold | $91,666-34.5%$13/sqft |
Source: Public Record Report a problem | ||
| 1/31/2001 | Sold | $140,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $8,000 |
| 2024 | -- | $8,000 |
| 2023 | -- | $8,000 |
| 2022 | -- | $8,000 |
| 2021 | -- | $8,000 |
| 2020 | -- | $8,000 |
| 2019 | -- | $8,000 |
| 2018 | -- | $8,000 |
| 2017 | -- | $8,000 |
| 2016 | -- | $8,000 |
| 2015 | -- | $8,000 |
| 2014 | -- | $8,000 |
| 2013 | -- | $8,000 |
| 2012 | -- | $8,000 |
| 2011 | -- | $8,000 |
| 2010 | -- | $8,000 |
| 2009 | -- | $8,000 |
| 2008 | -- | $8,000 |
| 2007 | -- | $8,000 |
| 2006 | -- | $8,000 |
| 2005 | -- | $8,000 |
| 2004 | -- | $8,000 |
| 2003 | -- | $8,000 |
Find assessor info on the county website
Neighborhood: Mount Vernon Heights
Nearby schools
GreatSchools rating
- 3/10Graham SchoolGrades: PK-8Distance: 0.2 mi
- 3/10Mount Vernon High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Cecil H. Parker
- Middle: A.B. Davis
- High: Mount Vernon
- District: Mount Vernon
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,255,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,255,600
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