9 4Th Ave Mount Vernon, NY 10550
- Investment properties
- 0.05 lot acres
Current Use by Public Records
- Investment properties
Property Details for 9 4Th Ave
- Lot size
- 0.05 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 550800 165.70-3111-39
- APU
- 55080016570311139
Description
This 3,200 sq ft, two-story storefront in Mount Vernon, NY, is available for $580,000 ($181.25/sq ft). Located on South 4th Avenue, this Class C building offers high visibility and high foot traffic, steps from the Metro-North station. Built in 1932 (estimated) and renovated in 2006, the property features a large ground floor retail space with large windows and a rear restroom. A full basement provides ample storage, accessible from both inside and the sidewalk. The second floor, also accessible from the store, includes high ceilings, a restroom, and rear-facing windows, ideal for storage or office space. The property sits on a 0.05-acre lot and is zoned Downtown Business (DB). A recent tax grievance resulted in a nearly 50% reduction in property taxes. The building is currently vacant, but the possibility of acquiring existing inventory and/or the business is available as a separate transaction. This NNN-leased property is suitable for owner-users or investors and has a history of successful retail operations. The single-unit building offers a rare opportunity in a thriving shopping corridor.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $340,000
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Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Westchester
- State
- New York
- Longitude
- -73.8367
- Latitude
- 40.9114
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
