Investor special in the heart of Mount Vernon! Welcome to 264 S 5th Avenue – a two-family home brimming with potential and ready for a full transformation. This property is a blank canvas and awaits your vision. Whether you're looking to renovate and rent for long-term income or fix and flip for a profit, the opportunity is here. Each unit offers generous space and classic layout options—bring your architect, contractor, and creative design ideas to breathe new life into this home. The property also includes a full basement and a backyard, perfect for added value and customization.Located just minutes from public transportation, shops, and parks, this is an ideal location for future tenants or end users. Sold as-is. Cash or renovation loans only. Don’t miss this chance to create something special—whether you hold as a long-term investment or renovate and resell, the numbers work. HOUSE NEEDS A COMPLETE GUT RENO
Listed by Joseph Lukic
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Compass Greater NY, LLC
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914-752-8763
Listed by Geno M. George
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Compass Greater NY, LLC
Last updated July 24, 2025
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Source: OneKey #891935
Listing Facts
TypeMulti-family
NeighborhoodSouth Side
Days on Prevu48
Taxes$11,714.87/year
Location
Mortgage Calculator
Listing History
07/21/2025
Listed by Compass Greater NY, LLC
$399,999
Property Details for 264 S 5th Avenue
Exterior
Construction
Number Of Units Total: 2
Year Built: 1950
Construction Materials: Aluminum Siding
Measurements
Building Area Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3,049
Financial
Taxes
Parcel Number: 0800-169-022-03084-000-0019
Tax Annual Amount: $11,714.87
Tax Assessed Value: $7,100.00
Tax Year: 2025
Interior
Features
Interior Features: Built-in Features
Rooms
Basement: Full
Has Basement: Yes
Schools
Elementary School
Elementary School: Pennington
Elementary School District: Mount Vernon
High School
High School: Mt Vernon High School
High School District: Mount Vernon
Middle or Junior School
Middle Or Junior School: Pennington
Middle Or Junior School District: Mount Vernon
Utilities
Equipment
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available
Water Source: Public
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