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142 N Terrace AvenueMount Vernon, NY 10550

For Sale

$1,095,000

Smart Buyer Rebate $10,950

This property is being sold based on the HUGE Rental revenue, Positive cash flow and Renovated BEAUTIFUL condition.
The is a Legal 3 family home which consists of 3 UNIITS and an additional 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.

Listed by Daniel Feder

·

Bayview Realty

·

917-439-3258

Last updated September 11, 2026

·

Source: OneKey #952048

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Mount Vernon
  • Bedrooms10
  • Bathrooms5
  • Days on Prevu244
  • Taxes$16,500/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/11/2026
Status changed to Active
$1,095,000
09/11/2026
Status changed to Temporarily Off Market
$1,095,000
08/21/2026
Status changed to Active
$1,095,000
08/21/2026
Price Increased
$1,095,000
03/20/2026
Status changed to Removed from Feed
$995,000
02/05/2026
Status changed to Temporarily Off Market
$995,000
01/14/2026
Listed by Bayview Realty
$995,000
  1. 09/11/2026$1,095,000
    Status changed to Active
  2. 09/11/2026$1,095,000
    Status changed to Temporarily Off Market
  3. 08/21/2026$1,095,000
    Status changed to Active
  4. 08/21/2026$1,095,000
    Price Increased
  5. 03/20/2026$995,000
    Status changed to Removed from Feed
  6. 02/05/2026$995,000
    Status changed to Temporarily Off Market
  7. 01/14/2026$995,000
    Listed by Bayview Realty

Property Details for 142 N Terrace Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Estimated
  • Year Built: 1940
  • Construction Materials: Brick

Measurements

  • Building Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Square Feet: 3,315

Financial

Taxes

  • Parcel Number: 0800-164-060-01074-000-0005
  • Tax Annual Amount: $16,500.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Other

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 10

Parking

Parking

  • Parking Features: Off Street

Schools

Elementary School

  • Elementary School: Hamilton
  • Elementary School District: Mount Vernon

High School

  • High School District: Mount Vernon

Middle or Junior School

  • Middle Or Junior School District: Mount Vernon

Utilities

Equipment

  • Heating: Baseboard, Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Trash Collection Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 10 bedrooms and 5 bathrooms in this multi-family home at 142 N Terrace Avenue.

What schools are nearby to 142 N Terrace Avenue?

Nearby schools include the Hamilton Elementary School.

What are the annual taxes for 142 N Terrace Avenue?

Annual taxes for this multi-family home are estimated at $16,500.

How does 142 N Terrace Avenue compare to other multi-family homes in West Mount Vernon?

This multi-family home is listed 47% above the average price for multi-family homes in West Mount Vernon and has been on the market for 179 more days than the typical home in this area.

142 N Terrace Avenue is a 10-bedroom, 5-bath multi-family home for sale in Mount Vernon NY 10550. On Prevu for 244 days at $1,095,000. This includes a recent price increase of $100,000. This home is located in West Mount Vernon. The median listing price for multi-family homes in this area is $699,999. Nearby schools include Hamilton Elementary School. Additional amenities include parking. View other multi-family home listings in Mount Vernon.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.