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Mixed-Use Asset with Retail Tenants

199 Stevens Ave, Mount Vernon, NY 10550

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For Sale

$1,999,000

Fully occupied, renovated mixed-use property with strong cash flow.

Type:Commercial

Property size:

8,864 SF

Price / SF:

$225/SF

HighLights

Strong in‑place cash flow with lease stability
Excellent 9.57% cap rate at $1,999,000
$191,385 net operating income
100% occupied
Completely renovated in 2018
Mixed‑use asset with six (6) two‑bedroom residential units and two (2) long‑term retail tenants

We can help!

Listing Contact

Francis J. Morris

Learn more

For Sale

$1,999,000

Fully occupied, renovated mixed-use property with strong cash flow.

Type:Commercial

Property size:

8,864 SF

Price / SF:

$225/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 5:44 pm

Property Features for 199 Stevens Ave

General Information

Standard status: Active
Size: 8,864 SF
Property subtype: Commercial

Building Details

Year Built: 2018

We can help!

Listing Contact

Francis J. Morris

Listing agent Francis J. Morris

Listing office DISTINGUISHED REALTY SERVICES

Listing date Apr 24, 2026

Source Elliman

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 DISTINGUISHED REALTY SERVICES

HighLights

Strong in‑place cash flow with lease stability
Excellent 9.57% cap rate at $1,999,000
$191,385 net operating income
100% occupied
Completely renovated in 2018
Mixed‑use asset with six (6) two‑bedroom residential units and two (2) long‑term retail tenants

Overview

This is an 8-unit mixed-use asset, fully occupied and consisting of six two-bedroom residential units and two long-term retail tenants. The 8,864 square foot building was completely renovated in 2018. The property generates a net operating income of $191,385. The location has a walk score of 74, indicating it is very walkable, a transit score of 66, indicating good transit options, and a bike score of 53, indicating it is bikeable. The property demonstrates strong in-place cash flow with lease stability.

Location Intelligence

Current Use by Public Records

Zion: Spirit Of The Living ... Church

Suggested Use

Location Insight

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Local Demand

City: Mount Vernon
County: Westchester
State: New York
Longitude: -73.8437686
Latitude: 40.9108688

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For sale
Mixed-use properties
NY
Mount Vernon
10550
199 Stevens Ave

What type of property is this?

Mixed-use property - Fully occupied, renovated mixed-use property with strong cash flow.

Where is this mixed-use property located?

The property is located at 199 Stevens Ave Mount Vernon, NY.

What is the asking price?

The asking price for this property is $1,999,000.

What are key features of this property?

This property features: Strong in‑place cash flow with lease stability; Excellent 9.57% cap rate at $1,999,000; $191,385 net operating income

199 Stevens Ave, Mount Vernon, NY 10550

Fully occupied, renovated mixed-use property with strong cash flow.

Property Features for 199 Stevens Ave

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Commercial Asset Near Train

Pre-War Brick Two-Family Home

Mount Vernon Commercial Building For Sale

Corner Commercial Property For Sale

Three-Unit Multifamily with Parking

Updated Two-Family Home, Mount Vernon

Elevate Bar & Lounge Opportunity

Two-Family Residential Income Property

Colonial Multifamily Home in Mount Vernon

Mount Vernon Multi-Family A-Frame

Mediterranean Two-Family Duplex with Garage

Updated Multi-Family Investment Opportunity

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