72 W 1st St
Mount Vernon, NY 10550
Office Property For Sale

The Oak & Avery Group has been retained to exclusively represent ownership in the sale of 72 W 1st Street, in Mount Vernon, New York. The Property is located on the corner of West 1st Street and South 8th Avenue This is a rare opportunity to acquire a ~14,679 sf corner retail and office mixed use property in a prime Mount Vernon location. The property currently has a retail tenant occupying ~4,159 SF on the ground floor while the second and third floors, zoned for office or retail, are currently vacant. The building benefits from recent electrical upgrades throughout the property, as well as, a drive-in parking garage on the S 8th Avenue. Mount Vernon has become a center for new residential development in Southern Westchester. Major developments include the Enclave on 645 Mac Questen Pkwy that will comprise 179 market rate apartments across two five-story buildings. Macquesten Development is also planning a 17-story 189-unit property comprised of both market rate and affordable multifamily units. In total, there are approximately 900 rentals slated to come to market in the city of Mount Vernon within the next five years. The property is in proximity to the Mount Vernon East Train station, as well as the number 40,41,42, and 52 bus stations