Three-Story Retail Building with
For Sale
Contact for pricing
11 South 4th Avenue, Mt Vernon, NY 10550
Three-story retail building with a currently leased first-floor pharmacy and additional space available above.
Property Size6,500 SF
Price / SF$146
Days on Market51
Property Features for 11 South 4th Avenue
General Information
Standard status
Active
Size
6,500 SF
Property subtype
Retail, Mixed Use, Land
Zoning
Commercial/Mixed Use
Occupancy
50%
Net Operating Income
$56,000
Building Details
Year Built
1950
Year Renovated
2023
Buildings
1
Stories
3
Listing Agency:
Charles Rutenberg Realty Inc Plainview
Listed By:
Khaleeque Rehman · License #10401215771
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 10 at 10:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty Inc Plainview
Investment Insights
Based on property information with market context.
This commercial building offers retail space configured across three stories plus a full basement. The first floor is occupied by a pharmacy that is currently rented. The second and third floors are vacant and have been used by the owner for personal purposes, and they are available to be repurposed for retail or other complementary uses.
The property is positioned within a retail shopping area and is presented for sale for a buyer seeking a multi-level commercial setup. Its layout supports continued storefront activity on the ground level while allowing flexibility for how the upper floors are utilized.
For prospective tenants, this building provides an opportunity to secure space within a property that already supports pharmacy retail on the first floor. For buyers or investors, the combination of an income-producing first floor and the availability of the upper floors can support strategies ranging from leasing additional space to converting the upper levels to alternative commercial uses, depending on business needs.
The property is positioned within a retail shopping area and is presented for sale for a buyer seeking a multi-level commercial setup. Its layout supports continued storefront activity on the ground level while allowing flexibility for how the upper floors are utilized.
For prospective tenants, this building provides an opportunity to secure space within a property that already supports pharmacy retail on the first floor. For buyers or investors, the combination of an income-producing first floor and the availability of the upper floors can support strategies ranging from leasing additional space to converting the upper levels to alternative commercial uses, depending on business needs.
Key Highlights
- 3‑story commercial building (plus full basement) built in 1950 in a retail shopping area
- First‑floor pharmacy is currently leased for $6,500/month
- 2nd and 3rd floors are vacant and can be rented for $3,500/month each (combined $7,000/month)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,979
Businesses Nearby
133k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Shops & Services 36%
Dining 13%
Apparel 7%
Food Bazaar Supermarket
Groceries
49,467 visits/mo
0.3 miles
Family Dollar
Shops & Services
9,515 visits/mo
0.4 miles
Gulf Oil
Shops & Services
8,519 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
7,852 visits/mo
0.2 miles
BP
Shops & Services
7,221 visits/mo
0.4 miles
Demographics for 10550, NY
41,137
Population
16,865
Households
2.4
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
2.0 sq mi
ZIP Area
20,569
Density / Sq Mi
$56,903
Median Household Income
$43,733
Median Earnings
$1,451
Median Rent
$482,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Nellickel Joby — 4704 White Plains Rd, Bronx, NY 10470
- Platinum Cutz — 4435 Mundy Ln, Bronx, NY 10466
- Robert Spiel — 107 W 4th St, Mt Vernon, NY 105504002
- City Line Pharmacy — 4704 White Plains Rd, Bronx, NY 10470
- RL MT Vernon Pharmacy, INC — 107 W 4th St, Mt Vernon, NY 10550
Frequently Asked Questions
What type of property is this?
Drug store - Three-story retail building with a currently leased first-floor pharmacy and additional space available above.
Where is this drug store located?
The property is located at 11 South 4th Avenue Mt Vernon, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 3‑story commercial building (plus full basement) built in 1950 in a retail shopping area; First‑floor pharmacy is currently leased for $6,500/month; 2nd and 3rd floors are vacant and can be rented for $3,500/month each (combined $7,000/month)
