570 Gramatan Ave, Mount Vernon, NY 10552
This exceptional investment opportunity presents two contiguous commercial buildings totaling 38,813 square feet in the thriving Fleetwood section of Mount Vernon, New York. Located on a high-traffic corner at Gramatan Avenue and West Broad Street, the property boasts 18,961 square feet of ground-floor retail space, including a Bank of America branch paying $63 per square foot. An additional 4,446 square feet of office space is situated on the second floor. The property also includes a small parking lot. This prime location benefits from high visibility and proximity to the Fleetwood Train Station, offering a 30-minute commute to Grand Central Terminal. The surrounding area features a robust retail market and residential neighborhood, ensuring strong tenant demand and investment potential. The property's strategic location and strong anchor tenant make it an attractive investment opportunity for discerning buyers seeking a well-positioned retail portfolio in a dynamic market. The address is 570-584 Gramatan Avenue & 1-7 West Broad Street, Mount Vernon, NY 10552.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.