145 N 5Th Ave, Mount Vernon, NY 10550
For Lease
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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.
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Ecker Brothers Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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QuickBooks Technical Support Accounting Software Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.