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12-Storefront Strip Mall
For Sale
$1,800,000

40 E 3rd Street, Mount Vernon, NY 10550

One of the retail spaces is currently vacant.

Property Size10,000 SF
Price / SF$180
Days on Market447

Property Features for 40 E 3rd Street

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial

Site & Location

Neighborhood West Mount Vernon

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $65,999

Building Details

Building Size 10,000 SF
Tenancy Multi
Listing Agency: Gillian Stewart Real Estate
Listed By: Gillian Stewart
Source: Gillianstewart
Added: Aug 4, 2025 Changed: Oct 23 Last Checked: Oct 23 at 2:33PM

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 Gillian Stewart Real Estate

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Investment Insights

Based on property information with market context.

This 10,000-square-foot strip mall contains 12 retail storefronts in Mount Vernon, New York. One storefront is currently vacant; the remaining spaces are part of the existing retail configuration.

Key Highlights

  • 12 retail storefronts
  • 10,000 square feet
  • One storefront is currently vacant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,906
Businesses Nearby
126k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Strip mall - One of the retail spaces is currently vacant.
Where is this strip mall located?
The property is located at 40 E 3rd Street 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; 10,000 square feet; One storefront is currently vacant
More about this property
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