Property profile

245 4Th Ave Mount Vernon, NY 10550

OFF-MARKET
Warehouses
20,000 SF
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Property summary

AI-generated overview

This exceptional 20,000-square-foot warehouse in Westchester County presents a fantastic leasing opportunity. The property boasts a desirable single-tenant occupancy, offering complete control and flexibility for the ideal business. The warehouse is meticulously maintained and in very good condition, featuring two floors, each encompassing 10,000 square feet. Access to the second floor is convenient via a built-in ramp. High ceilings, measuring 14 feet, provide ample vertical space for storage and operations. The property is equipped with gas heating, ensuring efficient and cost-effective climate control. Ample parking is available on-site for employees and visitors. The location offers unparalleled convenience, with easy access to major transportation routes, streamlining logistics and distribution. The asking rental rate is a competitive $10 per square foot. A Certificate of Occupancy is in place for vehicle or transportation-related uses, making this an ideal space for businesses in the logistics, warehousing, or distribution sectors. This is a rare opportunity to secure a well-maintained, strategically located warehouse in a highly sought-after area. Don't miss out on this exceptional property.

Property profile

Verified
Property type Warehouses
Total area 20,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

245 4Th Ave Mount Vernon, NY 10550
Mount Vernon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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