#877929, Listing office: eXp Realty
Property details
About 416 Highland Ave
Calling all investors, builders, and visionaries, this fire-damaged legal 2-family offers endless upside just minutes from NYC! Located on a tree-lined street in the heart of Mount Vernon, this spacious 3,000 sq ft two-family home features a 1-bedroom unit over a 4-bedroom unit, the perfect setup for extended family, rental income, or dual investment. A large front sitting porch, mature landscaping, private driveway, and backyard complete the picture, all waiting to be brought back to life with your vision and skill. The home sustained fire damage and is not currently habitable. It is being sold strictly as-is, with no repairs or clean-out by the seller. Buyer is responsible for all due diligence, including permits and obtaining a new certificate of occupancy after closing. Cash buyers or rehab financing only. Property will not qualify for traditional mortgage financing in current condition. This is a rare opportunity to create your dream home while generating rental income, or to fully renovate and rent both units in a high-demand area. With imagination and investment, this property can be transformed into a beautiful multi-family residence that pays for itself over time. Transit & Access Highlights: • 6-minute walk to Metro-North Mount Vernon East Station, ideal for NYC commuters • 4–6 minute drive to I-95 via Hutchinson River Parkway • Local bus service (routes 42/53/55) just 3 minutes away Don’t miss your chance to restore and reimagine this diamond in the rough, a rare investor opportunity in this price range, especially in a market where inventory is extremely limited.
Highlights
Home typeDuplex
HeatingOil, Other
StatusActive
BasementYes
Lot size0.11 Acres
Year built1920
MLS #884292
Garage2 spaces
Summary
- Full Bathrooms: 2
- Basement: Yes
- Interior: Other
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Private Pool: No
- Architectural Style: Colonial
- Heating: Oil, Other
- Cooling: None
- List Price: $500,000
- Annual Tax Amount: $15,261
- Tax Year: 2019
- Year Built: 1920
- Lot Size: 0.11 Acres
- MLS Number: 884292
- MLS Name: ONEKEY2
- Office Name: Keller Williams Realty Group
- Office Phone: (914) 713-3270
Listings courtesy of OneKey MLS as distributed by 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. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/30/2025, 12:41:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 27, 2020 | Home Sold | $646,500 |
| Mar 19, 2019 | Home Sold | $300,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $5,150 | $- |
| 2022 | $10,300 | $- |
| 2021 | $10,300 | $- |
| 2020 | $10,300 | $- |
| 2019 | $10,300 | $15,261 |
| 2018 | $10,300 | $14,956 |
| 2017 | $10,300 | $14,574 |
History based on county public records data.
Nearby schools
10
Colonial Elementary School
Public District KG-5
0.4 mi
•315 Highbrook Ave
9
Siwanoy Elementary School
Public District KG-5
0.5 mi
•489 Siwanoy Pl
8
Hutchinson Elementary School
Public District KG-5
0.9 mi
•301 Third Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $84,416. Typical income of Mount Vernon, NY residents is between $100k-200k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
38%
35k-100k
39%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
21%
Single, with Kids
19%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Nordstrom Rack
Banana Republic
IKEA
Where do the neighbors go to eat?
The Cheesecake Factory
Jack In The Box
Quiznos
What do the neighbors drive?
Volvo
Toyota
Lexus
What do the neighbors listen to?
News
Jazz
Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 416 Highland Ave
The listing price of 416 Highland Ave property is $500,000.
The property 416 Highland Ave is a multi located in Mount Vernon, New York, 10553.
Active Listing: 416 Highland Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 416 Highland Ave are: Colonial Elementary School (GreatSchools Rating 10/10), Siwanoy Elementary School (GreatSchools Rating 9/10), Hutchinson Elementary School (GreatSchools Rating 8/10), Pelham Middle School (GreatSchools Rating 9/10), Graham School (GreatSchools Rating 3/10), Edward Williams School (GreatSchools Rating 2/10), Pelham Memorial High School (GreatSchools Rating 10/10), Denzel Washington School-Arts (GreatSchools Rating 6/10), Mount Vernon High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2019 is $15,261 (source: MLS/based on county public records data).
The last sale was on January 27, 2020 for $646,500 (source: MLS/tax record).
The year of construction for 416 Highland Ave is 1920.
This home is located at 416 Highland Ave in Mount Vernon, NY and zip code 10553. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $500,000.
Over 19 listings were sold over their listed price in June 2025 in Mount Vernon, NY. In the same period over 14 listings were sold below the listed price and 5 listings were sold for the listed price. Between May and June 2025, Mount Vernon, NY real estate market has seen decrease in the number of listings by 5.2%. The median list price of listings available in June 2025 was $592,500, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.