Mount Vernon Two-Story Commercial
For Sale
$2,900,000
30 South St, Mount Vernon, NY 10550
Two-story commercial building in Mount Vernon, totaling 18,000± SF.
Property Size18,000 SF
Price / SF$161.11
Days on Market396
Property Features for 30 South St
General Information
Standard status
Active
Size
18,000 SF
Property subtype
Commercial
Site & Location
Neighborhood
West Mount Vernon
Building Details
Year Built
1950
Listing Agency:
NB Elite Realty LLC
Listed By:
Younis N. Dajah · License #10401368536
(917) 213-3907
Source:
Searchhomesinlongisland
Added: Sep 30, 2025
Changed: Oct 25
Last Checked: Oct 28 at 8:46AM
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 NB Elite Realty LLC
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Investment Insights
Based on property information with market context.
Located in Mount Vernon, NY, this two-story commercial building offers approximately 18,000 square feet of space, with each floor providing around 9,000 square feet. The open layout is adaptable for various business types, including office, retail, warehouse, showroom, medical, or light industrial purposes. The second floor features high ceilings, and the property includes loading access and ample power. Each floor can be leased individually or together for full-building occupancy. The building is situated in a busy commercial area with strong visibility and traffic flow, offering convenient access to major highways, Metro-North, and public transportation. The location has a walk score of 78, indicating it is very walkable, a transit score of 63, indicating good transit options, and a bike score of 44, indicating it is somewhat bikeable.
Key Highlights
- Prime commercial space in the heart of Mount Vernon
- 18,000± SF total space (9,000± SF per floor) suitable for office, retail, warehouse, showroom, medical, or light industrial use
- Flexible leasing options: lease each floor individually or together for full‑building occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$260,888
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,217,760
$5.2M
Cap Rate 7%
$3,726,971
$3.7M
Cap Rate 9%
$2,898,756
$2.9M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$540.0K $30.00/SF
− Vacancy
−$122.6K −$6.81/SF
EGI
$417.4K $23.19/SF
− OpEx
−$156.5K −$8.70/SF
NOI
$260.9K $14.49/SF
Area
Westchester County, NY
Vacancy
22.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,217,760
Cap Rate 7%
$3,726,971
Cap Rate 9%
$2,898,756
Alternative Uses
Best Use
Retail
$5.44M
$4.76M – $6.34M
NOI $380,601 @ 7.0% cap · market cap 13.12%
Second Best
Warehouse
$3.94M
$3.45M – $4.60M
NOI $275,841 @ 7.0% cap · market cap 9.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,372
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story commercial building in Mount Vernon, totaling 18,000± SF.
Where is this mixed-use property located?
The property is located at 30 South St Mount Vernon, NY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Prime commercial space in the heart of Mount Vernon; 18,000± SF total space (9,000± SF per floor) suitable for office, retail, warehouse, showroom, medical, or light industrial use; Flexible leasing options: lease each floor individually or together for full‑building occupancy
