About This Home

This 0-bedroom, 0-bathroom commercial at 14 E Sandford Boulevard in Mount Vernon, NY is listed for $1,650,000. Built in 1924, on a N/A lot.

Key Features

  • Built in 1924

Property Details

1924

Amenities

A/C
Listing Description

Exceptional investment opportunity with significant upside through increasing current rents to market rate. Welcome to 14 E. Sandford Blvd, a well-maintained six unit multifamily property that was extensively rebuilt from the foundation up in 2015, including new electrical, plumbing, roofing, and major building systems.

The property consists of six spacious 3 bedroom, 2 bathroom apartments, each featuring central heating and air conditioning, hardwood floors, large kitchens, ample closet space, and an open-concept living, dining, and kitchen area. All six apartments were renovated as part of the building's extensive 2015 reconstruction.

Additional amenities include a coin-operated laundry room in the basement and a private storage room for each tenant, providing additional convenience and value. Tenants are responsible for their own heat, hot water, electricity, and cooking gas, helping to keep the owner's operating expenses low With major improvements already completed, this is a

n excellent opportunity for an investor seeking a well maintained asset with no deferred maintenance and substantial income growth potential. The property is currently operating at approximately a 6.65% cap rate, with the potential to achieve an 11%+ cap rate as rents are increased toward market levels. A compelling opportunity to acquire a turnkey multifamily asset with strong current income and significant long term upside.

Monthly Cost Estimate

$8,825/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,150
Insurance$481

Estimates only. Actual payments may vary.

Location

14 E Sandford Boulevard

Mount Vernon, NY 10550

Property Details

Construction

Stucco

Parking

Driveway

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 14 E Sandford Boulevard is listed at $1,650,000. The estimated monthly payment is $8,824 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1924.

This property is listed by Michael J. Venuto and can be reached at 3475846993.

MV

Michael J. Venuto

Agent at Link NY Realty

(347) 584-6993

Listed by Link NY Realty · Broker phone: (646) 321-9428 · View on Broker Site

MLS# 1040697· Source: OneKey MLS· 27 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

14 E Sandford Boulevard, Mount Vernon, NY 10550

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