557 Macquesten PkwyMount Vernon, NY 10552

Property Details for 557 Macquesten Pkwy

Lot size

0.11 AC

Property type

Investment properties

Property subtype

Retail residential properties

APN

550800 165.29-1026-32

APU

55080016529102632

Description

This exceptional offering presents two modern, first-floor office suites totaling 600 square feet, ideally situated at 557 N MacQuesten Pkwy in Mount Vernon, NY 10552. Each suite boasts a full bathroom and benefits from assigned parking – two spaces for one suite and one for the other. The building features a traditional office layout, perfect for small businesses or professionals seeking a convenient and well-appointed workspace. The ground-level location provides easy access, with the added convenience of proximity to public transportation (railroad and bus lines), local shops, and major parkways. Utilities are separately metered for each suite. Each suite is available for $2,000 per month, with a 12-month lease term and a required security deposit of two months' rent. This is a fantastic opportunity to establish a presence in a thriving community with excellent accessibility and ample parking. The suites are ready for immediate occupancy. The address is 557 N MacQuesten Pkwy, Mount Vernon, NY 10552.

• CAP approach

  CAP return

  Valuation

  6%

  $982,403

  6.5%

  $906,834

  7%

  $842,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $970,490

  Geo Method

  $970,490

• Alternative Use

  Use

  Valuation

  Residential

  $906,834

  Hospitality

  $830,655

  Educational

  $691,095

  Medical

  $714,863

  Retail

  $1,075,037

Location Insight

City

Mount Vernon

County

Westchester

State

New York

Latitude

40.924

Longitude

-73.8412

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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