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66 W 2nd St 16 Unit Dormitory $1,333,000 ($83,313/Unit) Mount Vernon, NY 10550



Investment Highlights
- Steady cash flow
- Boarding house
- Affordable accommodation
Executive Summary
This well-maintained 14-room and 2 Studios boarding house presents an excellent investment opportunity, offering strong rental potential and steady cash flow. The boarding house features sixteen private rooms, each generously sized and designed to accommodate one or two occupants. Common areas include a shared kitchen equipped with ample storage and cooking facilities, multiple shared bathrooms and restrooms to support tenant needs, and a comfortable communal living or dining area that encourages a friendly residential atmosphere. Located in a convenient area close to public transport, shops, schools, and local amenities, this boarding house is ideal for workers, or short- to medium-term residents. With consistent demand for affordable accommodation, this property represents a solid opportunity for investors or owner-operators seeking reliable income with potential for future growth. The property benefits from good natural light, proper ventilation, and durable finishes designed for low maintenance and long-term use.
Property Facts
| Price | $1,333,000 | Apartment Style | Low-Rise |
| Price Per Unit | $83,313 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| No. Units | 16 | Building Size | 5,663 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Dormitory | Year Built | 1900 |
| Price | $1,333,000 |
| Price Per Unit | $83,313 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 5,663 SF |
| No. Stories | 3 |
| Year Built | 1900 |
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Very walkable
80/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0800-165-078-03066-000-0001 | Improvements Assessment | $11,500 |
| Land Assessment | $4,500 | Total Assessment | $16,000 |
Property Taxes
Parcel Number
0800-165-078-03066-000-0001
Land Assessment
$4,500
Improvements Assessment
$11,500
Total Assessment
$16,000
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66 W 2nd St
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