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    FOR SALE
    Automotive properties

    10 Broad St W, Mount Vernon, NY 10552

    0.26 ac lot
    Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-1412444
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Fed Realty Co INC · 18 yrs held
    Fed Realty Co INC
    since 2008
    5 recorded transactions
    2018
    2008
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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