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    Mixed-Use Building with Storefront Title is generated by Realmo AI

    55 Mount Vernon Avenue, Mount Vernon, NY 10550

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    Claim this Listing
    New
    For Sale
    $650,000

    MULTI_FAMILY - Mount Vernon, NY

    Property size:
    2,600 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $250/SF
    Added:
    Jul 7, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 8 at 7:06 pm

    Property Features for 55 Mount Vernon Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Rooms
    Bedroom 6, Bedroom 5, Bedroom 3, Bedroom 8, Bedroom 4, Bedroom 7, Bedroom 1, Bedroom 2
    Interior features
    Ceiling Fan(s), High Ceilings
    Standard status
    Active
    APN
    0800-164-076-01071-000-0009
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    19365

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1988
    Number of units
    3
    Building materials
    Brick

    We can help!

    Contact an agent
    Safiya Swan

    Listing agent Safiya Swan License #10401264654

    Listing office Keller Williams Realty Group 760 White Plains Rd, Scarsdale, NY

    Listing date Jul 7, 2026

    MLS# 1014216 Listing URL

    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.

    HighLights

    • Mixed‑use property with a street‑level storefront plus three residential rental apartments
    • Approximately 2,600 SF total with brick construction and heating via hot water
    • Residential unit mix includes two 2‑bedroom apartments and one 4‑bedroom unit
    • Interior features include high ceilings and ceiling fans
    • Utilities include natural gas available; water provided by public water and sewer via public sewer
    • Location: 55 Mount Vernon Avenue, Mount Vernon, NY 10550

    Overview

    This mixed-use property at 55 Mount Vernon Avenue includes a street-level storefront plus three residential apartments. The residential portion consists of two 2-bedroom units and one 4-bedroom unit, providing multiple apartment configurations within one building. The ground-floor commercial space is suited for retail, professional office, or service-based uses, depending on tenant or operator requirements.

    The property is located in Mount Vernon, NY in Westchester County. The listing describes strong accessibility to major parkways, along with nearby shopping, dining, and public transportation and train service, supporting convenient day-to-day access for both customers and residents.

    For buyers seeking a commercial residential-income setup, the building offers a straightforward structure: a street-facing commercial storefront combined with three apartments. That mix can appeal to owner-operators and investors looking for a flexible use profile within one property, where the commercial space and residential units operate under the same ownership.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $90.5k $34.80
    − Vacancy −$11.9k −$4.59
    EGI $78.5k $30.21
    − OpEx −$23.6k −$9.06
    NOI $55.0k $21.14
    2,600 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $785.4K
    $687.2K – $916.3K (±1% cap)
    NOI $54,976 @ 7.0% cap · market cap 8.46%
    Second Best
    Multifamily LT 5
    $723.5K
    $633.0K – $844.1K (±1% cap)
    NOI $50,643 @ 7.0% cap · market cap 7.79%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    TAMC Construction Inc Hardware & Home Improvement

    Suggested Use

    Law Firm Parking Lot & Garage Acupuncture Computer & Electronic Repair Cafe & Coffee Shop Bakery (Bike/Boat/Book/etc) Store Tech Support Center (Bike/Boat/Book/etc) Store Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Westchester
    State
    New York
    Longitude
    -73.846489
    Latitude
    40.9119

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with a street-level storefront and three residential units for diversified income and tenant-ready versatility.
    Where is this mixed-use property located?
    The property is located at 55 Mount Vernon Avenue Mount Vernon, NY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Mixed‑use property with a street‑level storefront plus three residential rental apartments; Approximately 2,600 SF total with brick construction and heating via hot water; Residential unit mix includes two 2‑bedroom apartments and one 4‑bedroom unit
    More about this property
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