Property profile

605 Macquesten Pkwy Mount Vernon, NY 10552

OFF-MARKET
Investment properties
Property ID
US63-3973247
0.11 ac lot
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,700-square-foot flex space, located at 605 N MacQuesten Pkwy in Mount Vernon, NY 10552, presents a unique investment opportunity. The property, built in 1997, is a two-story Class C building with a single tenancy. The ground floor boasts 4,200 square feet of column-free space, perfect for various uses, while the second floor offers an additional 1,500 square feet. The asking price is $1,750,000, translating to $307.02 per square foot. The property features a 12' to 15' ceiling height and is zoned CB, allowing for a range of commercial and industrial applications. Conveniently situated near major transportation arteries, including I-95, the Bronx River Parkway, and the Cross County Parkway, this location offers easy access for employees and clients. Commuters will appreciate the proximity to both Fleetwood Station and Mount Vernon West Station on the Harlem Line. Three tandem parking spaces are included. This property is in excellent condition and represents a rare opportunity in a thriving commercial area at the crossroads of Mount Vernon, Yonkers, and the Bronx. The strategic location and versatile space make this an ideal investment for businesses seeking a well-maintained and conveniently located facility.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.11 ac (4,792 SF)
APN 550800 165.29-1026-30
UPID US63-3973247

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

605 Macquesten Pkwy Mount Vernon, NY 10552-2610
Mount Vernon metro Census 3800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2015
2 recorded transactions
2016
Price N/A
2015
$1.8M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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