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70 S 2nd Ave
Mount Vernon, NY 10550
For Sale - 14 Residential 7 Commercial · Multifamily Property For Sale
·
21 Units
Executive Summary
Welcome to 3-17 E 2nd Street, Mount Vernon, NY 10550 – the epitome of prime real estate investment opportunity! This meticulously maintained property boasts a unique blend of 14 residential and 7 commercial units, presenting an ideal balance for a savvy investor seeking both diversity and stability in their portfolio.
100% Occupied
Gross Yearly - $302,000
NOI - $167,000
Rent Stabilizing Building
Price: Make an Offer
Investing in Mount Vernon, New York, presents a unique opportunity for investors to capitalize on a city that is poised for significant growth.
With its strategic location just minutes from New York City, Mount Vernon offers the convenience of urban living without the high costs associated with Manhattan. The city is undergoing a revitalization with new developments, infrastructure improvements, and an influx of young professionals seeking affordable housing options.
Additionally, Mount Vernon's rich cultural heritage and diverse population make it an attractive destination for businesses and residents alike. As property values continue to rise and new opportunities emerge, investing in Mount Vernon now means positioning yourself at the forefront of a city on the verge of a dynamic transformation.
100% Occupied
Gross Yearly - $302,000
NOI - $167,000
Rent Stabilizing Building
Price: Make an Offer
Investing in Mount Vernon, New York, presents a unique opportunity for investors to capitalize on a city that is poised for significant growth.
With its strategic location just minutes from New York City, Mount Vernon offers the convenience of urban living without the high costs associated with Manhattan. The city is undergoing a revitalization with new developments, infrastructure improvements, and an influx of young professionals seeking affordable housing options.
Additionally, Mount Vernon's rich cultural heritage and diverse population make it an attractive destination for businesses and residents alike. As property values continue to rise and new opportunities emerge, investing in Mount Vernon now means positioning yourself at the forefront of a city on the verge of a dynamic transformation.
Property Facts
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 21 | Building Size | 12,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C |
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 12,000 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Opportunity Zone |
Yes |
Property Taxes
| Parcel Number | 0800-165-078-03111-000-0020 | Improvements Assessment | $27,478 CAD |
| Land Assessment | $20,982 CAD | Total Assessment | $48,460 CAD |
Property Taxes
Parcel Number
0800-165-078-03111-000-0020
Land Assessment
$20,982 CAD
Improvements Assessment
$27,478 CAD
Total Assessment
$48,460 CAD
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