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Executive Summary

This well-located commercial building presents a rare value-add investment opportunity in a high-traffic area. While the interior requires improvement, the property boasts strong potential for repositioning to maximize returns. Across the street from Mount Vernon East. Access to Bronx River Parkway and Hutchinson River Parkway

Property Facts

Price $999,000
Price Per SF $217.17
Sale Type Investment
Property Type Industrial
Property Subtype
Service
  • General Retail Restaurant
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.05 AC
Rentable Building Area 4,600 SF
No. Stories 3
Year Built 1928
Zoning I - Industrial
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
0800-165-063-01140-000-0011
Land Assessment
$2,600
Improvements Assessment
$8,180
Total Assessment
$10,780
  • Listing ID: 34847655

  • Date on Market: 2/16/2025

  • Last Updated:

  • Address: 9-11 Elm Ave, Mount Vernon, NY 10550

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