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    24 Mount Vernon Ave Mount Vernon, NY 10550

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    For Sale
    $750,000

    Commercial land lot in a business district, suitable for development.

    Lot size:
    0.11 Acres

    Property Features for 24 Mount Vernon Ave

    General Information

    Lot size
    0.11 Acres

    Source: Compass Greater NY, LLC Agent Geno M. George

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Mount Vernon

    This commercial land, located in a Commercial Business (CB) district, presents an opportunity for builders and investors. The lot measures 50 feet by 100 feet. The area of a potential first-floor commercial building could be 3,500 square feet (50' x 70'). A second-floor apartment area could also measure 3,500 square feet, potentially accommodating 5 apartments, although a variance would be required.
    Insight Report Location Intelligence

    Current Use by Public Records

    Burke Enterprises Inc. Carpet Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Westchester
    State
    New York
    Longitude
    -73.8452329
    Latitude
    40.9108437

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    FAQs

    What type of property is this?
    Land - Commercial land lot in a business district, suitable for development.
    Where is this land located?
    The property is located at 24 Mount Vernon Ave Mount Vernon, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Commercial Business (CB) Zoning: Ideal for commercial development.; - **Large First Floor Commercial Space:** Benefit from 3,500 sq ft of commercial space.; - Substantial 50 x 100 Lot Size: Providing ample space for development.
    (917) 374-2591
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    24 Mount Vernon Ave Mount Vernon, NY 10550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24 Mount Vernon Ave Mount Vernon, NY 10550
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