Mount Vernon Mixed-Use
6 East Sidney Avenue Mount Vernon, NY 10550
6 East Sidney Avenue, Mount Vernon, NY, 10550
$6,750,000
For Sale
$6,750,000
Mixed-use property in Mount Vernon, NY, totaling 33,436 square feet.
Property Size33,436 SF
Price / SF$201.88
Days on Market751
Property Features for 6 East Sidney Avenue
General Information
- Standard status
- Active
- Size
- 33,436 SF
- Property subtype
- Mix-Use
Properties For Sale
at 6 East Sidney Avenue Contact us
Listing agency
KSR Kassin Sabbagh Realty
(917) 523-1274
Listed by
Samia Farah · License #4OM01167813
(917) 523-1274
Source
Ksrny
Added: Jul 1, 2024 Updated: Jul 10 at 1:15PM Checked: Jul 16 at 1:51AM
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 KSR Kassin Sabbagh Realty
Investment Insights
Based on property information with market context.
This mixed-use property is located in Mount Vernon, NY. The building has a total size of 33,436 square feet. It is suitable for commercial real estate purposes.
Key Highlights
- Mixed‑use property offering diverse income streams.
- Substantial 33,436 square feet.
- Located in Mount Vernon, NY.
Local Financial Insights For Mixed Use
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 | $1.00M | $30.00 |
| − Vacancy | −$227.7k | −$6.81 |
| EGI | $775.4k | $23.19 |
| − OpEx | −$290.8k | −$8.70 |
| NOI | $484.6k | $14.49 |
33,436 SF · lease $30.00/SF/yr · vacancy 22.70% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$6.92M
$6.06M – $8.08M
NOI $484,613 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$10.10M
$8.84M – $11.78M
NOI $706,987 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
6 E Sydney ...
Parking Lot & Garage
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Mount Vernon, NY, totaling 33,436 square feet.
Where is this mixed-use property located?
The property is located at 6 East Sidney Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Mixed‑use property offering diverse income streams.; Substantial 33,436 square feet.; Located in Mount Vernon, NY.
