699 Macquesten PkwyMount Vernon, NY 10552

Property Details for 699 Macquesten Pkwy

Lot size

0.20 AC

Property type

Investment properties

Property subtype

Retail residential properties

APN

550800 165.21-1025-5

APU

5508001652110255

Description

This 7,400 square foot industrial property, located at 699 N MacQuesten Parkway in Mount Vernon, New York (zip code 10552), is offered at $1,800,000 ($243.24/sq ft). The building boasts a highly versatile layout currently used as a mix of medical office and light manufacturing space. Permitted uses are diverse and include industrial, manufacturing, medical, office, retail, and warehouse. The property features a spacious waiting room, reception area, four examination rooms, a kitchen, locker room, workspace, and four powder rooms. A significant 2,455 square foot basement area provides additional workshop and storage space. The building offers 12-foot ceiling heights and ample parking with space for eight vehicles. Its prime location directly across from the Fleetwood train station and in close proximity to major highways and bus service makes it an attractive investment opportunity within a thriving business district. The property sits on a large corner lot, offering excellent visibility and accessibility. This is an exceptional opportunity for a business seeking a flexible and well-located space in Westchester County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,786,039

  6.5%

  $1,648,651

  7%

  $1,530,890

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,764,380

  Geo Method

  $1,764,380

• Alternative Use

  Use

  Valuation

  Residential

  $1,648,651

  Hospitality

  $1,510,156

  Educational

  $1,256,432

  Medical

  $1,299,642

  Retail

  $1,954,449

Location Insight

City

Mount Vernon

County

Westchester

State

New York

Latitude

40.9264

Longitude

-73.8397

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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