26 South 4Th Ave Mount Vernon, NY 10550
26 B South 4th Avenue Mount Vernon Pharmacy
Property size:
1,950 SFLot size:
0.03 AcresPrice / SF:
$179/SF- Added:
- May 27, 2026
- Days on Market:
- 47
- Last Refresh:
- May 27 at 4:50 pm
Property Features for 26 South 4Th Ave
General Information
- Standard status
- Active
- Property type
- Drug stores, Storefront properties, Office buildings, Retail properties & Spaces, Office Spaces
- Size
- 1,950 SF
- Net Rentable
- 1,950 SF
- Elevators
- No
- Lot size
- 0.03 Acres
- Occupancy
- 100%
- Investment Type
- Owner User
- Net Operating Income
- $21,000
Building Details
- Year Built
- 1954
- Year Renovated
- 1983
- Buildings
- 1
- Stories
- 2
- Units
- 1
Listing agent Diane Mi Ryoung (718) 640-4431
Listing office (718) 640-4431
Listing date May 27, 2026
Investment Insights
Based on property information with market context.
Key Highlights
- Great foot traffic, sign frontage, large street window visibility vibrant downtown Mt. Vernon! 4,600+ cars daily, buses around the block near train!
Local Financial Insights For Office B
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 | $53.6k | $27.48 |
| − Vacancy | −$13.8k | −$7.06 |
| EGI | $39.8k | $20.42 |
| − OpEx | −$10.0k | −$5.10 |
| NOI | $29.9k | $15.31 |
1,950 SF · lease $27.48/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Retail
$589.0K
$515.4K – $687.2K
NOI $41,232 @ 7.0% cap · market cap 11.78%
Second Best
Specialty Retail
$478.9K
$419.0K – $558.7K
NOI $33,521 @ 7.0% cap · market cap 9.58%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
4th Avenue Drug ...
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- CVS Pharmacy — 211 E Sandford Blvd, Mt Vernon, NY 10550
- Nellickel Joby — 4704 White Plains Rd, Bronx, NY 10470
- Platinum Cutz — 4435 Mundy Ln, Bronx, NY 10466
- Knock on Hemp — 50 E Sandford Blvd, Mt Vernon, NY 10550
- City Line Pharmacy — 4704 White Plains Rd, Bronx, NY 10470
FAQs
What type of property is this?
Drug store - 26 B South 4th Avenue Mount Vernon Pharmacy
Where is this drug store located?
The property is located at 26 South 4Th Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Great foot traffic, sign frontage, large street window visibility vibrant downtown Mt. Vernon! 4,600+ cars daily, buses around the block near train!
