162 4Th AveMount Vernon, NY 10550

For Sale
$399,000 View listing
  • Commercial land
  • 0.09 AC

Property Details for 162 4Th Ave

Lot size
0.09 AC
Property type
Commercial land
APN
550800 165.78-3088-23
APU
55080016578308823

Description

This exceptional commercial land parcel, located at 162 S 4th Ave in Mount Vernon, NY 10550, presents a unique investment opportunity. Situated between S 5th Ave and S 4th Ave in the heart of downtown Mount Vernon, this 3,920 square foot lot is zoned NB and offers significant potential for development. Its prime location provides excellent visibility and accessibility, making it ideal for a variety of commercial uses. The property is conveniently located within a Qualified Opportunity Zone, offering potential tax advantages for investors. The vacant land allows for complete design flexibility, enabling the creation of a project tailored to specific business needs. This is a rare chance to acquire a substantial piece of land in a thriving downtown area, poised for growth and development. The property's size and location make it an attractive proposition for developers seeking to capitalize on the vibrant commercial landscape of Mount Vernon. Serious inquiries are encouraged to explore the possibilities of this exceptional investment opportunity. The property's address is clearly identified as 162 S 4th Ave, Mount Vernon, NY 10550. The asking price for this prime commercial land is $399,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $741,817
    Hospitality
    $679,501
    Educational
    $565,337
    Medical
    $584,779
    Retail
    $879,412
162 4Th Ave, Mount Vernon, New York

Location Insight

City
Mount Vernon
County
Westchester
State
New York
Latitude
40.9069
Longitude
-73.8355
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$3,850
-
$3,850
-
$225,146
-
$225,146

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