Property profile

10 Broad St W Mount Vernon, NY 10552

FOR SALE
Automotive properties
Property ID
US63-1412444
0.26 ac lot
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 30,500 square foot multi-use commercial building at 10 Broad Street West in Mount Vernon, NY, presents a rare investment opportunity. Located in Fleetwood's vibrant retail/commercial submarket, this three-story, Class C building offers diverse usage possibilities, including retail, office, medical office, and warehouse space. The property features a flexible layout with a minimum divisible space of 10,000 square feet, divided among three suites. High ceilings ranging from approximately 9.75 to 14 feet provide ample space and versatility. The building boasts approximately 90 feet of frontage, two drive-ins, and 30+ parking spaces. Situated on an 11,160 square foot lot, zoned Downtown Business (DB), this property benefits from its high-traffic location and excellent accessibility. The area has experienced significant residential growth, with over 1,000 new units added recently and another 600+ units planned. Enjoy convenient access to major roadways including the Cross County Parkway, Bronx River Parkway, Hutchinson River Parkway, I-87, and I-95, providing easy commutes throughout the region. A short distance from the Fleetwood Metro North Station offers a simple commute to NYC. This prime location, combined with the building's versatility and the area's robust growth, makes this a compelling investment opportunity in a thriving Westchester County market. The property's strategic location allows easy navigation to east/west and north/south connections.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Lot 0.26 ac (11,326 SF)
APN 550800 165.22-1021-8
UPID US63-1412444

Cap rate & NOI

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

Location

10 Broad St W Mount Vernon, NY 10552
Mount Vernon metro Census 3800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2008
5 recorded transactions
2018
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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