Back to Search
Mixed-Use Storefront with Apartments

55 Mount Vernon Avenue Mount Vernon, NY 10550

55 Mount Vernon Avenue, Mount Vernon, NY, 10550
$650,000
For Sale
Claim this Listing
$650,000

MULTI_FAMILY - Mount Vernon, NY

Property Size2,600 SF
Lot Size0.06 Acres
Price / SF$250
AddedJul 7
Days on Market9
Last RefreshJul 15 at 4:06 pm

Property Features for 55 Mount Vernon Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Rooms
Bedroom 4, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 6
Interior features
Ceiling Fan(s), High Ceilings
Standard status
Active
APN
0800-164-076-01071-000-0009
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
19365

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public

Building Details

Year built
1988
Number of units
3
Building materials
Brick

Listing agent Safiya Swan License #10401264654

Listing office Keller Williams Realty Group 760 White Plains Rd, Scarsdale, NY

Listing date Jul 7, 2026

MLS# 1014216 Listing URL

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.


Investment Insights

Based on property information with market context.

This mixed-use property for sale includes a street-level storefront and three residential rental apartments. The combined offering totals approximately 2,600 square feet and provides a structure that blends commercial frontage with on-site housing. The residential component consists of two 2-bedroom apartments and one larger 4-bedroom unit.

Located at 55 Mount Vernon Avenue in Mount Vernon, NY 10550, the property is positioned for accessibility to nearby shopping, restaurants, public transportation, and train service, with proximity to major parkways as noted in the listing materials.

The ground-floor commercial space is described as suitable for retail, professional office, or service-based business use, making the configuration workable for a variety of street-level operations alongside the existing rental apartments.

Key Highlights

  • Mixed‑use property with a street‑level storefront plus three residential rental apartments
  • Approximately 2,600 sq ft total with hot water heating and natural gas available
  • Residential units include two 2‑bedroom apartments and one 4‑bedroom apartment

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $90.5k $34.80
− Vacancy −$11.9k −$4.59
EGI $78.5k $30.21
− OpEx −$23.6k −$9.06
NOI $55.0k $21.14
2,600 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$785.4K
$687.2K – $916.3K (±1% cap)
NOI $54,976 @ 7.0% cap · market cap 8.46%
Second Best
Multifamily LT 5
$723.5K
$633.0K – $844.1K (±1% cap)
NOI $50,643 @ 7.0% cap · market cap 7.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

TAMC Construction Inc Hardware & Home Improvement

Suggested Use

Law Firm Parking Lot & Garage Acupuncture Computer & Electronic Repair Cafe & Coffee Shop Bakery (Bike/Boat/Book/etc) Store Tech Support Center (Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Street-level storefront plus three residential units, totaling approximately 2,600 sq. ft., offered as a for-sale mixed-use property.
Where is this mixed-use property located?
The property is located at 55 Mount Vernon Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Mixed‑use property with a street‑level storefront plus three residential rental apartments; Approximately 2,600 sq ft total with hot water heating and natural gas available; Residential units include two 2‑bedroom apartments and one 4‑bedroom apartment
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message