New York Multifamily is pleased to offer 536–542 North High Street, a 17-unit multifamily asset located in the Fleetwood neighborhood of Mount Vernon. The property spans three contiguous buildings totaling 12,992 square feet. Well-maintained with minimal deferred maintenance, 7 of the 17 units have been renovated since 2022, providing investors with a clear path to continue upgrading units and drive rental growth. The property features 11 on-site parking spaces and benefits from tenant-paid heat and hot water, minimizing operating expenses and enhancing cash flow stability.
Location Overview
Fleetwood is widely considered one of the most desirable submarkets within MountVernon, offering a suburban feel with strong connectivity to New York City. Anchored by the Fleetwood Metro-North station, the neighborhood provides 30-minute access toGrand Central, making it a true commuter-driven rental market.