162 4Th AveMount Vernon, NY 10550
- 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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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