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    FOR SALE
    Investment properties

    149 South 4Th Ave, Mount Vernon, NY 10550

    0.09 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-2224543
    Property summary
    AI-generated overview

    This exceptional 9,500 square foot commercial land parcel, located at 149 South 4th Avenue in Mount Vernon, New York, presents a compelling investment opportunity. Priced at $2,300,000, this property offers significant potential for development. The expansive lot size provides ample space for a variety of commercial ventures. The property is currently designated as vacant land, allowing for complete design flexibility and customization to suit specific business needs. The address is conveniently situated in Mount Vernon, NY, zip code 10550, providing easy access to local amenities and transportation networks. The property's zoning and permitted uses should be independently verified. While the previous use included seven stores and nine parking spaces, this information is provided for context only and does not reflect the current state of the property. This is a blank canvas for a savvy investor seeking to capitalize on the vibrant commercial landscape of Mount Vernon. The property's size and location make it ideal for a variety of commercial developments, from retail spaces to office buildings. Serious inquiries are encouraged to explore the possibilities this unique property offers. The ceiling height is noted as "Other" and requires further investigation.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Lot 0.09 ac (3,920 SF)
    APN 550800 165.78-3110-26
    UPID US63-2224543
    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
    • The MailBox Parcel & Shipping LLC / International AIR & SEA SHIPPING/ Barrels,Boxes/Containers. Shipping Company Freight Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    KLL REALTY NEW YORK, INC
    KLL REALTY NEW YORK, INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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