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19 S 10th Ave - Auction -23K SF Residential Conversion Option 23,283 SF Specialty Building Offered at $1.00 in Mount Vernon, NY 10550
INVESTMENT HIGHLIGHTS
- ABSOLUTE $1 AUCTION | 23,000 SF Building | Residential Conversion Option | RMF 6.75 Zoning | Westchester County | AUCTION FEBRUARY 16-18
- Multiple Development Options: Redevelopment for residential, school, or religious re-use -supportive of phased conversion or interim occupancy
- Transit-Oriented Location: ±0.5 miles to Mount Vernon West (Metro-North Transit) and ±41 minutes to Grand Central Terminal
- ±23,000 SF, Four-Story Building on ±10,380 SF Lot: Former school with classic Tudor façade - classrooms, gymnasium, and a full-floor auditorium offer
- Residential Zoning (RMF 6.75): Multifamily district backdrop aligned with a conversion strategy; utilities in place (electric, municipal water/sewer).
- NYC Inner-Ring Suburb Context: Mount Vernon sits immediately north of the Bronx with robust parkway/Interstate access and extensive bus/rail options
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to offer 19 South 10th Avenue, a ±23,000 square foot, four-story former school on a ±0.238-acre lot in Mount Vernon, NY, positioned ±0.5 miles from Metro-North’s Mount Vernon West Station (about 41 minutes to Grand Central). The property’s RMF 6.75 zoning and existing electric/municipal utilities support a multifamily conversion close to transit and neighborhood amenities. Inside, large classroom floorplates, a gymnasium, and a full-floor auditorium create flexible volumes for modern apartment layouts and resident amenities. Set within a NYC inner-ring suburb with extensive highway and mass-transit connectivity, the asset offers multiple exit paths—residential, educational, or religious—making it a compelling value-add conversion opportunity near the city.
Mount?Vernon, New York is a densely populated, transit-oriented city in Westchester County situated just north of the Bronx, offering developers immediate access to New York City. Its proximity to Manhattan and seamless connectivity via Metro-North Railroad’s Harlem Line makes it a strong commuter hub, with frequent rail service into Grand Central Terminal and easy linkage to major highways like I-87/I-95. Mount?Vernon’s dense population, relatively affordable land costs compared with NYC, and walkable neighborhoods present opportunities for multifamily redevelopment, mixed-use infill, and repositioning older retail assets. With redevelopment initiatives underway and strong demand for housing and services near transit, this submarket offers strategic value for investors targeting urban growth nodes within the greater New York metropolitan area. Additionally, the Property is situated within an extremely dense trade area, serving approximately 67,044 residents within a one-mile radius and over 403,000 residents within a three-mile radius, with average household incomes exceeding $94,000.
Mount?Vernon, New York is a densely populated, transit-oriented city in Westchester County situated just north of the Bronx, offering developers immediate access to New York City. Its proximity to Manhattan and seamless connectivity via Metro-North Railroad’s Harlem Line makes it a strong commuter hub, with frequent rail service into Grand Central Terminal and easy linkage to major highways like I-87/I-95. Mount?Vernon’s dense population, relatively affordable land costs compared with NYC, and walkable neighborhoods present opportunities for multifamily redevelopment, mixed-use infill, and repositioning older retail assets. With redevelopment initiatives underway and strong demand for housing and services near transit, this submarket offers strategic value for investors targeting urban growth nodes within the greater New York metropolitan area. Additionally, the Property is situated within an extremely dense trade area, serving approximately 67,044 residents within a one-mile radius and over 403,000 residents within a three-mile radius, with average household incomes exceeding $94,000.
PROPERTY FACTS
| Price | $1.00 | Building Class | C |
| Price Per SF | $0.00 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 23,283 SF |
| Property Type | Specialty | No. Stories | 4 |
| Property Subtype | School | Year Built | 1900 |
| Zoning | RMF 6.75 | ||
| Price | $1.00 |
| Price Per SF | $0.00 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 23,283 SF |
| No. Stories | 4 |
| Year Built | 1900 |
| Zoning | RMF 6.75 |
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Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (73)
PROPERTY TAXES
| Parcel Number | 0800-165-077-03023-000-0011 | Improvements Assessment | $490,000 |
| Land Assessment | $31,100 | Total Assessment | $521,100 |
PROPERTY TAXES
Parcel Number
0800-165-077-03023-000-0011
Land Assessment
$31,100
Improvements Assessment
$490,000
Total Assessment
$521,100
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19 S 10th Ave - Auction -23K SF Residential Conversion Option
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