5 4Th St Mount Vernon, NY 10550
39-Unit Elevator Building, High NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Corner mixed-use elevator building, 39 units (25 one-bedroom, 11 two-bedroom apartments, 3 ground floor retail), 35,000 square feet.
- Asking price: $123,000 per unit, 7.1% cap rate, 6.89 GRM.
- 24 of 36 residential units have preferential rents, offering $152,000 annual upside potential.
- Excellent location near South 4th Street bus station, Metro-North train station, and the 241st Street M train.
Property Details for 5 4Th St
- Property type
- Apartment buildings
- Square Feet
- 35,000 SF
- Units
- 39
Location Insight
- City
- Mount Vernon
- County
- Westchester
- State
- New York
- Latitude
- 40.9043909
- Longitude
- -73.83475
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 39-Unit Elevator Building, High NOI
- Where is the apartment building located?
- The property is located at 5 4Th St Mount Vernon, NY.
- What is the asking price?
- The asking price for this property is $4,800,000.
- What are key features of this property?
- This property features: Corner mixed-use elevator building, 39 units (25 one-bedroom, 11 two-bedroom apartments, 3 ground floor retail), 35,000 square feet.; Asking price: $123,000 per unit, 7.1% cap rate, 6.89 GRM.; 24 of 36 residential units have preferential rents, offering $152,000 annual upside potential.
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