Industrial Space with Modern
146 E 3rd St Mt Vernon, NY
For Sale
Contact for pricing
3,000 SF industrial space ideal for contractors or auto repair.
Property Size3,000 SF
Lot Size0.06 Acres
Price / SF$216.33
Days on Market884
Property Features for 146 E 3rd St
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.06 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Greiner-Maltz Real Estate - Westchester/Connecticut
(914) 882-2802
Listed By:
Ayall Schanzer
(914) 882-2802
Source:
Moodyscre
Added: Feb 21, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:31AM
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 Greiner-Maltz Real Estate - Westchester/Connecticut
Investment Insights
Based on property information with market context.
This 3,000 square foot industrial property features a 14-foot drive-in door and a 16-foot ceiling height. The column-free space includes 200 amps of 3-phase electric power and all new state-of-the-art wiring. Modern, CAC offices are located on the mezzanine level. The property is zoned CB (Commercial Business) and includes floor drains. Formerly a tile and stone fabricating shop, this space is ideal for small contractors, auto repair, and other service-oriented businesses. Many upgrades have been made to the property.
Key Highlights
- 14 Foot Drive‑In Door
- Benefit from the 16’ Ceiling Height and Column Free Space.
- 200 Amps 3‑Phase Electric
Financial Insights For Industrial
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 | $64.8k | $21.60 |
| − Vacancy | −$4.0k | −$1.32 |
| EGI | $60.8k | $20.28 |
| − OpEx | −$18.3k | −$6.08 |
| NOI | $42.6k | $14.20 |
3,000 SF · lease $21.60/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$906.2K
$792.9K – $1.06M
NOI $63,433 @ 7.0% cap · market cap 9.77%
Second Best
Industrial
$608.5K
$532.4K – $709.9K
NOI $42,593 @ 7.0% cap · market cap 6.56%
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
Auto shops
FAQs
What type of property is this?
Industrial property - 3,000 SF industrial space ideal for contractors or auto repair.
Where is this industrial property located?
The property is located at 146 E 3rd St Mt Vernon, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 14 Foot Drive‑In Door; Benefit from the 16’ Ceiling Height and Column Free Space.; 200 Amps 3‑Phase Electric
