Buy with Yoreevo
$4,616,767
List Price: $4,699,000
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3 Sherman Avenue
Apartment in Mount Vernon •  building info
studio • 12,197ft² $385 per ft²
Buy with Yoreevo

$4,616,767

List Price

$4,699,000

Key Details
Days on market
14
Last price change
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Estimated payment
$26,039/mo
Taxes
N/A
Maintenance
N/A
Description
Exceptional Investment Opportunity in the Bronxville Area Originally 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. 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.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$4,699,000
Asking Price: $4,699,000
Term
30 Years
Down Payment
$469,000 (10%)
Min: 10% (469,000)
Rate
6.25 %
Mortgage Amount
$4,229,100
Mortgage Payment
$26,039
Estimated Yoreevo rebate
$82,233
Estimated closing cost
$78,000
Total monthly cost $26,039
Buy your dream home with us and get an estimated $82,233 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of ERA Insite Realty Services

Information ©2025, OneKey MLS. All rights reserved. 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.