Property profile

130 E 1St St Mount Vernon, NY 10550

FOR SALE
Bar, Tavern
Property ID
US63-2227027
0.03 ac lot
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Property summary

AI-generated overview

A corner brick commercial building historically used as Elevate Bar Lounge, configured for special events such as catering functions. The property contains approximately 2,000 square feet of finished space, plus an unfinished basement space of approximately 1 square foot as described. The layout is able to accommodate over 100 guests. Features include availability of bar and food service equipment, and the building supports use with a food truck. It is positioned on a highly visible corner and is located across from a train station parking lot, providing commuter access, with nearby connections to major parkways and proximity to Metro-North and shopping areas.

Property profile

Verified
Property type Bar, Tavern
Lot 0.03 ac (1,307 SF)
APN 550800 165.71-3164-6
UPID US63-2227027

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Music Venue Bar & Pub
  • Bar & Pub

Location

130 E 1St St Mount Vernon, NY 10550
Mount Vernon metro
Google Maps

Value estimations

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

Owner & transaction history

since 2023
Last sale
$490,000
3 recorded transactions
2024
Price N/A
2023
$490,000
2020
$321,000
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