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Mixed-Use Building with Backyard
New
For Sale
$699,000

209 W 3rd Street, Mount Vernon, NY 10550

Detached brick building with three apartments, commercial space, basement, and a fenced backyard sold as-is after fire damage.

Days on Market6

Property Features for 209 W 3rd Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Fenced Yard Yes
Multifamily Units 3

Amenities

fenced-in backyard
full basement
Baseboard Heating

Building Details

Construction brick
Listing Agency: EXP REALTY
Listed By: SIMON DRIVER
Source: Corcoran
Added: Jul 26 Changed: Jul 28 Last Checked: Jul 30 at 9:36AM

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 EXP REALTY

Investment Insights

Based on property information with market context.

Detached brick mixed-use building featuring three residential apartments plus over 1,000 square feet of commercial space. The property includes a full basement and a large fenced-in backyard. The first floor comprises a commercial unit with a full bathroom and a separate two-bedroom apartment behind the commercial space. The second floor contains two additional apartments: a three-bedroom unit and a two-bedroom unit, each with an updated bathroom. Separate utility systems are in place for residential tenants.

The property is located near the Bronx–Westchester border, approximately half a block from the Bronx, with walkable access to the No. 2 subway line, express buses to Manhattan, and nearby shopping and schools.

The property is completely vacant and is being sold in its current “as-is” condition following recent fire damage. It is in foreclosure, and the lender may consider a short-sale offer; all offers remain subject to third-party lender approval. Cash or renovation financing may be required, and buyers should conduct their own due diligence regarding condition, legal use, zoning, permits, certificate of occupancy, and financing eligibility.

Key Highlights

  • Fully detached brick mixed‑use building with three residential apartments plus over 1,000 sq ft of commercial space
  • First floor includes a commercial unit with full bathroom and a separate two‑bedroom apartment behind the commercial space
  • Second floor features one three‑bedroom apartment and one two‑bedroom apartment, each with an updated bathroom

Property Analytics

Current Use

GGL Services Building Supply

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Skin Care Clinic Tech Support Center (Bike/Boat/Book/etc) Store

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

Lease Details

3
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

3,218
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Detached brick building with three apartments, commercial space, basement, and a fenced backyard sold as-is after fire damage.
Where is this mixed-use property located?
The property is located at 209 W 3rd Street Mount Vernon, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully detached brick mixed‑use building with three residential apartments plus over 1,000 sq ft of commercial space; First floor includes a commercial unit with full bathroom and a separate two‑bedroom apartment behind the commercial space; Second floor features one three‑bedroom apartment and one two‑bedroom apartment, each with an updated bathroom
More about this property
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