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    FOR LEASE
    Office buildings

    145 N 5Th Ave, Mount Vernon, NY 10550

    0.23 ac lot
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US63-0901601
    Property summary
    AI-generated overview

    This exceptional two-story, 12,900 square foot executive office building in Mount Vernon, NY, is offered at $3,200,000. Located on a 100' x 100' corner lot, this property boasts recent upgrades including a renovated facade, updated bathrooms, a new HVAC system, new windows, and a new roof. The building features a welcoming reception area with a security system and a convenient 10-space private parking lot. An additional 5,100 square feet of partially above-grade unfinished basement space provides significant expansion potential. The building is zoned NB (Neighborhood Business) and is ideally suited for medical, professional, clinical, or municipal uses. Situated in a vibrant downtown area, this property benefits from excellent access to major transportation routes and a large population base (Mount Vernon population exceeding 71,000 as of 2020). The property's prime location and recent improvements make it an attractive investment opportunity for businesses seeking a modern and well-maintained facility in a thriving community. The APN is 165.54-1121-26. This is a rare opportunity to acquire a fully upgraded, move-in ready executive office building in a high-demand location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.23 ac (10,019 SF)
    APN 550800 165.54-1121-26
    UPID US63-0901601
    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
    Current use
    Occupant on record · Public records
    • Ecker Brothers Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • QuickBooks Technical Support Accounting Software Company
    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
    145 Mtv INC · 9 yrs held
    145 Mtv INC
    since 2017
    3 recorded transactions
    2017
    2011
    $499,900
    2010
    $355,877
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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