37 S 5Th Ave, Mount Vernon, NY 10550
For Sale
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This exceptional mixed-use property, located at 37 S 5th Ave, Mount Vernon, NY 10550, presents a unique investment opportunity. Currently configured as a fully built-out restaurant with an integrated lounge area, this space is ideally suited for experienced restaurateurs seeking a turnkey operation or savvy investors looking to capitalize on Mount Vernon's vibrant culinary scene. Situated in Westchester County, this prime location offers excellent visibility and accessibility. The property's existing restaurant build-out significantly reduces start-up costs and time, allowing for a quicker return on investment. The auction format offers a competitive and transparent acquisition process. This is a chance to own a well-established space ready for immediate use or creative reimagining. The auction concludes on August 19th, 2024, in Mount Vernon, NY. Please note that a reserve price is in effect. This property is zoned for mixed-use, offering flexibility for future adaptations. The property's precise square footage is not specified in the provided information. Interested parties should conduct their own due diligence to confirm all aspects of the property before bidding. Don't miss this chance to secure a thriving restaurant location in a desirable area.
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Clinton's Southern Kitchen Restaurant
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Web Tremont Llc Marketing & Advertising (Bike/Boat/Book/etc) Store
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
Similar Nearby for Lease
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.