For Sale
$2,650,000

70 3Rd Ave Mount Vernon, NY 10550

14 Residential & 7 Commercial Units, High NOI

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional mixed-use property, located at 70 S 3rd Ave, Mount Vernon, NY 10550, presents a compelling investment opportunity. The meticulously maintained building comprises 14 residential units and 7 commercial units, offering a diversified income stream. Currently, the property boasts 100% occupancy, generating a substantial gross yearly income of $302,000. A strong net operating income (NOI) of $167,000 further underscores the profitability of this asset. The building is rent-stabilized, providing a degree of predictable income and operational stability. Situated in Westchester County, this prime location offers easy access to major transportation routes and amenities. The asking price for this remarkable mixed-use investment is $2,650,000. Detailed financial information and further specifics are available upon request. This is a rare opportunity to acquire a well-maintained, high-performing property in a desirable location. Don't miss out on this chance to add a valuable asset to your portfolio. Contact us today to learn more.

Highlights

  • Prime mixed-use investment opportunity in Mount Vernon, NY.
  • 14 residential and 7 commercial units, 100% occupied.
  • Generating a $302,000 gross annual income and $167,000 net operating income (NOI).
  • Rent-stabilized building offering predictable income.
  • Asking price: Inquire within.

Property Details for 70 3Rd Ave

Property type
Mixed-use properties

Location Insight

City
Mount Vernon
County
Westchester
State
New York
Latitude
40.909382
Longitude
-73.835516
70 3Rd Ave, Mount Vernon, New York

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FAQs

What type of property is this?
Mixed-use property - 14 Residential & 7 Commercial Units, High NOI
Where is the mixed-use property located?
The property is located at 70 3Rd Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Prime mixed-use investment opportunity in Mount Vernon, NY.; 14 residential and 7 commercial units, 100% occupied.; Generating a $302,000 gross annual income and $167,000 net operating income (NOI).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Bryan Lanza
Bryan Lanza
Visit Broker Website

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3Rd Ave
Mount Vernon, NY 10550

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3Rd Ave
Mount Vernon, NY 10550

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

70 3Rd Ave
  • Bryan Lanza
    Bryan Lanza
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