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Mount Vernon Redevelopment Opportunity
For Sale
$795,000

208 North 5th Avenue, Mount Vernon, NY 10550

Redevelopment opportunity in Mount Vernon, 10,019 SF building.

Property Size10,019 SF
Lot Size0.23 Acres
Price / SF$79.35
Days on Market126

Property Features for 208 North 5th Avenue

General Information

Standard status Active
Size 10,019 SF
Lot size 0.23 Acres
Property subtype Community Center

Building Details

Building Size 10,019 SF
Listing Agency: Triforce Commercial Real Estate
Listed By: Jason Horowitz · License #NJ #1433362
Source: Triforcecre
Added: Apr 24 Changed: Aug 26 Last Checked: Aug 26 at 12:10PM

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 Triforce Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 208 N 5th Avenue in Mount Vernon, NY, this property offers a redevelopment opportunity in an accessible location. The building, formerly a community center, has a size of 10,019 square feet and is situated on a 0.23-acre lot. This property is suitable for investors, owner-users, or developers looking to reposition the property for a new use. The existing structure requires a full gut renovation, providing a blank canvas for a buyer to reimagine the space and design a layout tailored to their vision. The property's location in Mount Vernon offers proximity to area amenities and transportation corridors, making it suitable for groups looking to capitalize on an established neighborhood location while executing a comprehensive build-to-suit transformation. The property has a walk score of 65, indicating it is somewhat walkable, a transit score of 56, indicating good transit options, and a bike score of 37, indicating it is somewhat bikeable.

Key Highlights

  • Value‑add redevelopment opportunity.
  • Substantial 10,019 +/- SF building footprint.
  • Located in an accessible Mount Vernon location.

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Acupuncture Tech Support Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,021
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Redevelopment opportunity in Mount Vernon, 10,019 SF building.
Where is this specialty property located?
The property is located at 208 North 5th Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Value‑add redevelopment opportunity.; Substantial 10,019 +/- SF building footprint.; Located in an accessible Mount Vernon location.
More about this property
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