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Investment Highlights

  • Mixed use, includes a duplex residential at 124 w lincoln
  • Private parking with access to 5 garage bays
  • lots of car volume giving added visibility

Executive Summary

This is an opportunity to own a legacy property that is perfect for an owner operator or an investor looking to diversify their income streams. It is rear to find a mixed use property like this in lower westchester these days. With 2 residential units in one duplex structure (street number 128), A large 3 car garage with 9 foot doors, a natural gas heater, and its very own bathroom, as well as a 3rd structure offering 3 separate commercial office spaces in addition to 2 more garage bays. The parking area between 124 and 128 will easily fit 10 or so vehicles in addition to the garage spaces. The 3 bay garage space is currently rented to a long term tenant. There is also a beauty salon located on the first floor of the commercial structure with a lease in place. There are plenty of updates that have been made in the recent few years which include new roofs on both the residential and commercial spaces, a new heating system for the 2nd floor residential space, a french drain waterproofed basement by CT basement systems which has a transferrable dryness guarantee, the old oil dank was also removed from the property already. The residential building 1st floor unit has 2 bedrooms and 1.5 bathrooms, with access to a private rear deck area. The 2nd floor of that building is currently leased and is 3 bedrooms, 1 bathroom with two stories, utilizing the 2nd and 3rd floors. All units, residential and commercial has their own heating systems, and electrical which makes having tenants cover their own expenses very easy. Do not let this opportunity get away from you.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $50,539 $10.71

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $50,539
Annual Per SF $10.71

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
4,717 SF
Building Class
C
Year Built
1948
Price
$2,592,705 CAD
Price Per SF
$549.65 CAD
Percent Leased
25%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,358 SF
Building FAR
0.38
Lot Size
0.28 AC
Zoning
R-2

Amenities

  • Storage Space
  • Air Conditioning
  • Smoke Detector
  • Awning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Budget Locksmith
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Tristate Fire Prevention
  • Wholesaler
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Budget Locksmith Professional, Scientific, and Technical Services - - -
Tristate Fire Prevention Wholesaler - - -
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2801-000-641-00000-000-0007
Land Assessment
$8,941 CAD
Improvements Assessment
$24,977 CAD
Total Assessment
$33,917 CAD
  • Listing ID: 41093906

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 124 Lincoln Ave, Mount Vernon, NY 10550

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