271 3rd St Mount Vernon, NY 10553-5134
Property profile & analytics
271 3rd St, Mount Vernon, NY 10553-5134
- Commercial land
- 0.06 lot acres
Property ID
US63-5625054
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 271 3rd St
- Lot size
- 0.06 lot acres
- Property type
- Commercial land
- APN
- 550800 165.72-4006-18
- APU
- 55080016572400618
Description
This exceptional mixed-use investment opportunity in Mount Vernon, New York, presents a compelling chance to acquire a thriving commercial property. Located at 271-277 E. 3rd St, this 8,000 square foot building sits on a substantial 16,000 square foot lot, zoned Commercial Business (CB). The property boasts a flexible layout suitable for various uses, including flex space, storefront retail, and warehouse operations. Currently operating as a single-tenant, net-net-plus lease, this income-producing asset offers a strong 6.00% cap rate at an asking price of $3,650,000. The property's strategic location provides excellent frontage and access, benefiting from proximity to Interstates 87 and 95. Ample parking is available on-site. The property comprises three separate tax lots, presenting potential for future development or expansion. Annual property taxes are approximately $41,000. This is a rare opportunity to acquire a well-positioned, income-generating property with significant upside potential in a desirable location. The combination of existing income and development potential makes this an attractive investment for both seasoned and emerging investors. The property's versatility and prime location make it an ideal choice for a variety of commercial uses.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Westchester
- State
- New York
- Longitude
- -73.8252
- Latitude
- 40.9094
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$0.00
$0.00
$0.00
-
$0.00
$0.00
$0.00
