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Mount Vernon Retail Investment Opportunity
For Sale
$1,800,000

40 E 3rd St, Mount Vernon, NY 10550

12 retail storefronts in high-traffic area, excellent investment opportunity.

Property Size10,000 SF
Lot Size0.25 Acres
Days on Market164

Property Features for 40 E 3rd St

General Information

Standard status Active
Size 10,000 SF
Lot size 0.25 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $65,999

Building Details

Building Size 10,000 SF
Listing Agency: BESMATCH REAL ESTATE
Listed By: Garfield A. Bull
Source: Elliman
Added: Mar 11 Changed: Aug 13 Last Checked: Aug 20 at 9:55AM

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 BESMATCH REAL ESTATE

Investment Insights

Based on property information with market context.

Located in Mount Vernon, the commercial property at 34-58 E 3rd Street presents an investment opportunity. The property features 12 retail storefronts situated in a high-traffic area. One storefront is currently vacant, offering potential for additional income or customization. The property is suitable for investors seeking to expand their portfolio or generate consistent rental income. The annual rent roll for each store is available for review.

Key Highlights

  • 12 Retail Storefronts: Substantial commercial property with multiple income streams.
  • High‑Traffic Area: Prime location ensures consistent customer flow for tenants.
  • Investment Opportunity: Ideal for portfolio expansion or generating rental income.

Property Analytics

Current Use

Pedro Air Conditioning ... Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Tech Support Center Computer & Electronic Repair

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

2,906
Businesses Nearby
126k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 39% Shops & Services 34% Dining 14% Apparel 8%
Food Bazaar Supermarket Groceries
49,467 visits/mo 0.1 miles
Dollar Tree Shops & Services
16,606 visits/mo 0.4 miles
Gulf Oil Shops & Services
8,519 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
7,852 visits/mo 0.4 miles
Dollar General Shops & Services
7,451 visits/mo 0.3 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - 12 retail storefronts in high-traffic area, excellent investment opportunity.
Where is this storefront property located?
The property is located at 40 E 3rd St Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 12 Retail Storefronts: Substantial commercial property with multiple income streams.; High‑Traffic Area: Prime location ensures consistent customer flow for tenants.; Investment Opportunity: Ideal for portfolio expansion or generating rental income.
More about this property
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