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Mixed-Use Building with Laundromat
For Sale
$1,600,000

425 S 8th Avenue, Mount Vernon, NY 10550

Commercial Sale, Mount Vernon, NY

Property SizeContact for details
Days on Market92

Property Features for 425 S 8th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Parking Lot
Basement Full
Elementary school Cecil H Parker School
Middle school Benjamin Turner Middle School
High school Mt Vernon High School
Elementary school district Mount Vernon
Middle school district Mount Vernon
High school district Mount Vernon
Standard status Active
APN 0800-169-038-03063-000-0036

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 22530

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1952
Number of units 7
Building materials Brick
Listing Agency: Link NY Realty
Listed By: Michael J. Venuto
Added: May 21 Changed: Aug 20 Last Checked: Aug 20 at 7:06AM
MLS# 1002952

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick mixed-use building, constructed in 1952, combines six one-bedroom residential units with a laundromat occupying the commercial space. Each apartment has separate metering, while residents are responsible for heat, hot water, gas, and electricity. The building includes baseboard heating, window or wall/window cooling units, a basement, and a parking lot.

Energy-related improvements include four fuel cell machines serving the laundromat and rooftop solar panels. The property is connected to public water and public sewer, with natural gas service supporting the heating system.

Key Highlights

  • Six one‑bedroom residential units in a mixed‑use building
  • Laundromat occupies the commercial space
  • Apartments are separately metered for heat, hot water, gas, and electricity

Property Analytics

Current Use

Green and Clean Laundry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Real Estate Agency

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,405
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separately metered apartments accompany a laundromat in the commercial portion of this brick property.
Where is this mixed-use property located?
The property is located at 425 S 8th Avenue Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Six one‑bedroom residential units in a mixed‑use building; Laundromat occupies the commercial space; Apartments are separately metered for heat, hot water, gas, and electricity
More about this property
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