14 N Columbus Ave 1.26 Acres of Commercial Land in Mount Vernon, NY 10553

The Claremont is a development opportunity in Mount Vernon, NY on the campus of an existing Church. The development parcel is an approximately 36,000 SF level parking lot to the north of Bowen Memorial Baptist Church, an existing church located at 14 North Columbus Avenue. The total existing lot size is 1.26 acres, approximately ±55,000 SF. The property is improved with a 2-story house of worship on the southern portion of the lot. The ground floor is made up of a sanctuary and some offices. The second floor is a fellowship hall in need of significant renovation. As part of the sales price developers will renovate the entire second floor and construct (2) levels of parking for the exclusive use of the church. Please refer to page 4 of the Offering Memorandum. The Claremont will be constructed on the parking lot site and will provide on-site parking for the new apartments as well as the existing church on separate levels. The Claremont will be a market-rate multifamily residential building consisting of 129 units. The make-up will be 13 studio apartments, 57 one-bedroom apartments, 19 one bedrooms plus den and 40 two-bedroom apartments. There will be three levels of enclosed parking above grade and one level below grade. The top of the parking facility (3rd floor) will be an amenities level consisting of a large outdoor common terrace plus interior amenities such as lobby/ lounge, concierge, community room, resident daycare facility, yoga room, fitness center, bicycle storage, mail package room, tenant storage spaces, and four electric vehicle charging stations. The location of the property is perfect for commuters to New York City and is within a 10 minute walk to Mount Vernon East train station which is a 27 minute commute to Grand Central Station and one half mile to the east is the Hutchinson River Parkway.