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Development Opportunity in Mount Vernon
For Sale
$200,000

22 Mt Vernon Avenue, Mount Vernon, NY 10550

Vacant lot with potential for mixed-use development.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market228

Property Features for 22 Mt Vernon Avenue

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $13,373

Amenities

Chain Link, Public
Chain Link
No
Chain Link, Cleared, Level, Near Public Transit, Near School, Near Shops
Listing Agency: Compass
Listed By: Joe Lukic · License #10401264948
Source: Compass
Added: Jan 8 Changed: Aug 23 Last Checked: Aug 24 at 12:19PM

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 Compass

Investment Insights

Based on property information with market context.

This vacant lot, measuring 25 feet by 100 feet, presents a unique opportunity for future development. It is adjacent to an additional 50-foot by 100-foot parcel, offering the potential for a combined, larger footprint. Preliminary concepts suggest that the combined parcels may accommodate a mixed-use structure featuring approximately 5,250 square feet of commercial space on the ground level. The second level could potentially offer a similar area, accommodating up to 8 residential units, although a variance is required. The location is conveniently situated near local amenities, transportation options, and established residential and commercial areas. This makes it an attractive opportunity for investors, builders, or developers looking for a project with future potential.

Key Highlights

  • Potential for future development on a 25' x 100' vacant lot.
  • Adjacent to a 50' x 100' parcel, allowing for a larger combined footprint.
  • Potential for a mixed‑use structure with approximately 5,250 square feet of ground‑level commercial space.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Computer & Electronic Repair (Bike/Boat/Book/etc) Store Bakery

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

3,152
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant lot with potential for mixed-use development.
Where is this commercial land located?
The property is located at 22 Mt Vernon Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Potential for future development on a 25' x 100' vacant lot.; Adjacent to a 50' x 100' parcel, allowing for a larger combined footprint.; Potential for a mixed‑use structure with approximately **5,250 square feet of ground‑level commercial space.**
More about this property
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