MLS#940112
STATUSActive
PROPERTY TYPECommercial -
Property Description
Exceptional Investment Opportunity in the Bronxville AreaOriginally built as a historic schoolhouse, this unique 14-unit building(+ one super unit) was completely renovated in 2013, offering modern comfort while retaining timeless character. The property features a mix of 1 and 2 bedroom apartments, all newly constructed during the full redevelopment. Additional income can be obtained through apartment rental in lower level, as well as parking and laundry. Rental income can be increased through lease increase in 45 days of approximately 2,800 a month. Residents enjoy on-site laundry facilities and unbeatable convenience-just steps to the bus and a short walk to the charming Chester Heights neighborhood. Ideally located near all major highways and only 1.5 miles from the train, this property provides excellent commuter access.A standout asset in a prime location, perfect for investors seeking a fully updated, low-maintenance building with strong rental appeal.
Property Features
Property Type: Commercial -
Basement: See Remarks
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Radiant
Lot Size: 0.28 Acres
Taxes: $75,774
Year Built: 1901
Feature Descriptions
Building Area Total: 12000
Days on Site: 120
Exterior: Brick, Stucco
On Market Date: 2025-12-02
Parcel Number: 0800-165-033-02135-000-0009
Parking Features: Common, On Street, Parking Lot
Rental Term: Monthly
Security: yes
Security Features: Security System
Sewer: Public Sewer
Units: 14
Utilities: Trash Collection Public
Water: Public
Listed By / Shown By
Listing By
Agency Name: ERA Insite Realty Services
Agency Contact: 914-949-9600
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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3 Sherman Avenue | MLS# 940112
This commercial property located at 3 Sherman Avenue, Mount Vernon, NY 10552 is currently listed for sale with an asking price of $3,999,000. Search Mount Vernon real estate on www.coldwellbankerchoice.com today.