Mount Vernon Retail Pharmacy
26A S FOURTH AVE, Mount Vernon, NY 10550
Established pharmacy retail store in vibrant downtown location.
Type:Retail, Office
Property size:
1,800 SFPrice / SF:
$194/SF- Added:
- May 23, 2026
- Days on Market:
- 11
- Last Refresh:
- May 27 at 8:24 am
Property Features for 26A S FOURTH AVE
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1954
Listing agent Diane Mi Ryoung Chong License #10401220770
Listing office Hanmi Realty
Listing date May 23, 2026
Source Crexi
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 Hanmi Realty
HighLights
- Stable, family‑owned pharmacy tenant in place with lease expiring May 31, 2027, providing immediate rental income.
- High‑visibility location in vibrant downtown Mount Vernon with excellent foot and vehicle traffic.
- Solid investment opportunity with a 7.4% cap rate and $26k net rental income.
- Strategic location near public transportation and community anchors.
- Single‑tenant building with approximately 1,800 sq ft of retail and office/storage space.
- Strong co‑tenancy with neighboring businesses.
Overview
This single-tenant building, approximately 1,800 square feet, houses a well-established, reputable, and stable family-owned pharmacy retail store that has been in operation for many years. The store occupies both the street level and the second floor, with around 1,300 square feet on the first floor and approximately 500 square feet of office space and storage on the second floor. The lot size is around 1,300 square feet. The property benefits from high foot traffic, prominent sign frontage, and large street-facing windows, situated in the vibrant downtown area of Mount Vernon. The location sees over 4,600 cars per day and is near Bee-line bus stops (routes 40, 41, 42, 43, 52, 53, 54), a Chase bank, Westchester Community College, and a McDonald's. It is also located four blocks from the Mount Vernon East Metro-North train station. Nearby businesses include Golden Krust Caribbean, Boost Mobile, Metro by T-Mobile, VIM, Rainbow clothing shop, Jackson Hewitt, and Liberty Tax. Popeye's, Domino's Pizza, Foodtown, City Hall, the post office, and the police station are also in close proximity. The current lease expires on May 31st, 2027, with the landlord having the option to renew. The property generates a yearly gross rental income of $41,000 and a yearly net rental income of approximately $26,000, representing a 7.4% cap rate.
Location Intelligence
Current Use by Public Records
Drug stores
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Westchester
- State
- New York
- Longitude
- -73.8370532
- Latitude
- 40.9107406
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Established pharmacy retail store in vibrant downtown location.
Where is this drug store located?
The property is located at 26A S FOURTH 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: Stable, family‑owned pharmacy tenant in place with lease expiring May 31, 2027, providing immediate rental income.; High‑visibility location in vibrant downtown Mount Vernon with excellent foot and vehicle traffic.; Solid investment opportunity with a 7.4% cap rate and $26k net rental income.
