222 3Rd StMount Vernon, NY 10553

Property Details for 222 3Rd St

Lot size

0.93 AC

Property type

Industrial properties

APN

550800 165.80-4037-17

APU

55080016580403717

Description

This exceptional 0.93-acre commercial land parcel, located at 222 E 3rd St, Mount Vernon, NY 10553 (APN: 0800-165-080-04037-000-0017), presents a remarkable investment opportunity. Currently zoned NEC, this property offers the potential to develop up to 190 affordable to middle-income housing units as of right. Architectural plans for a 190-unit development are available upon request and execution of a non-disclosure agreement. The seller has also developed alternative plans for a larger 225-unit development. Note that all plan approvals and due diligence are the responsibility of the buyer. The asking price for this strategically located land is $6,300,000. Please be aware that a 24-hour notice is required for site visits due to an existing tenant. This property represents a unique chance to capitalize on the growing demand for housing in a desirable Mount Vernon location. Westchester County location provides easy access to major transportation routes and amenities. Serious inquiries only.

Location Insight

City

Mount Vernon

County

Westchester

State

New York

Latitude

40.9082

Longitude

-73.8273

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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