79 Gramatan AveMount Vernon, NY 10550

Property Details for 79 Gramatan Ave

Lot size

0.18 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

550800 165.62-1117-17

APU

55080016562111717

Description

This exceptional commercial property at 79 Gramatan Avenue in Mount Vernon, New York offers 885 square feet of retail space in a single-story building. The property is zoned NB and is ideally situated for businesses seeking high visibility and foot traffic. Located in a vibrant neighborhood experiencing significant redevelopment, this space presents a unique opportunity for a variety of retail ventures. The address is 79 Gramatan Avenue, Mount Vernon, NY 10550, in Westchester County. There is no on-site parking. The property is currently vacant and ready for immediate occupancy. The property taxes are based on the current year. This is a multi-tenant building, with this specific unit offering 885 square feet of space. The property's prime location ensures excellent exposure to a consistent flow of potential customers. This is an exceptional opportunity to establish or expand your business in a thriving area of Mount Vernon.

• CAP approach

  CAP return

  Valuation

  6%

  $1,296,352

  6.5%

  $1,196,632

  7%

  $1,111,158

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,024,505

  Geo Method

  $1,024,505

• Alternative Use

  Use

  Valuation

  Residential

  $1,483,824

  Hospitality

  $1,359,175

  Educational

  $1,130,817

  Medical

  $1,169,708

  Retail

  $1,759,049

Location Insight

City

Mount Vernon

County

Westchester

State

New York

Latitude

40.9137

Longitude

-73.8371

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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