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Faits saillants de l'investissement

  • Single Tenant Condominium Net Leased to Westchester Community College
  • Minute to The Bronx/NYC
  • 28355 SF Condominium Unit
  • Sale includes adjacent parking lot at 14 S. 6th Avenue

Résumé de l'annonce

Commercial Condominium Unit Fully Occupied by Westchester Community College for the last 13 years. Unit being sold consists of 28335 SF of Commercial/Retail/Community Facility space over 2 floors. 22000 SF of space is rented to college. Westchester Community signed a 10 Year lease with two (2) Five-year options in January of 2014. They are currently in the 1st Option period that expires in January 2029 with on additional 5-year option remaining. As part of the initial lease term ownership spent $2.3MM to build out this modern educational facility. This is a Net lease with WCC paying Taxes and Insurance. Sale includes Parking Lot at 14 S. 6th Avenue, Mount Vernon, NY 10550. Parking lot is 10454 SF and contains 31 parking spots. Total of 66 Parking spaces. Unit is part of a building that contains 15 S. 5th Avenue. That property is a 40 Unit LIHTC Affordable senior living project of 33190 SF. Available as part of a separate sale or package. 15 S. 5th Avenue is strategically located in the heart of Mount Vernon, offering convenient access to the city’s downtown business district and surrounding Westchester communities. The property is situated near major commercial corridors, local shopping, restaurants, and municipal services. The location provides excellent regional connectivity with easy access to the Mount Vernon East and Mount Vernon West Metro-North stations, offering service to Manhattan and throughout Westchester County. Major roadways including the Bronx River Parkway, Hutchinson River Parkway, Cross County Parkway, and I-95 are all within a short drive. Just north of the Bronx and approximately 15 miles from Midtown Manhattan, the property benefits from a strong urban location with convenient access to New York City, lower Westchester, and the broader tri-state area.

Pièces jointes

17 S. 5Th Floor Plan

1 Unité disponible

  • Unité
  • Taille de l’unité
  • Utilisation du condo
  • Prix
  • Revenu net d’exploitation
  • Unité Commercial
  • 28 335 pi²
  • Commerce de détail
  • 5 409 027 $ CAD (190,90 $ CAD/pi²)
  • 585 268,64 $ CAD
Type de vente Investissement
Taux de capitalisation 10,82%
Nbre d’espaces de stationnement 31
ID/Numéro de lot 0800-165-070-03087-000-0044
Description
Commercial Condominium Unit Fully Occupied by Westchester Community College for the last 13 years. Unit being sold consists of 28335 SF of Commercial/Retail/Community Facility space over 2 floors. 22000 SF of space is rented to college. Westchester Community signed a 10 Year lease with two (2) Five-year options in January of 2014. They are currently in the 1st Option period that expires in January 2029 with on additional 5-year option remaining. As part of the initial lease term ownership spent $2.3MM to build out this modern educational facility. This is a Net lease with WCC paying Taxes and Insurance. Sale includes Parking Lot at 14 S. 6th Avenue, Mount Vernon, NY 10550. Parking lot is 10454 SF and contains 31 parking spots. Unit is part of a building that contains 15 S. 5th Avenue. That property is a 40 Unit LIHTC Affordable senior living project of 33190 SF. Available as part of a separate sale or package.
Notes sur la vente
Commercial Condominium Unit Fully Occupied by Westchester Community College for the last 13 years. Unit being sold consists of 28335 SF of Commercial/Retail/Community Facility space over 2 floors. 22000 SF of space is rented to college. Westchester Community signed a 10 Year lease with two (2) Five-year options in January of 2014. They are currently in the 1st Option period that expires in January 2029 with on additional 5-year option remaining. As part of the initial lease term ownership spent $2.3MM to build out this modern educational facility. This is a Net lease with WCC paying Taxes and Insurance. Sale includes Parking Lot at 14 S. 6th Avenue, Mount Vernon, NY 10550. Parking lot is 10454 SF and contains 31 parking spots. Unit is part of a building that contains 15 S. 5th Avenue. That property is a 40 Unit LIHTC Affordable senior living project of 33190 SF. Available as part of a separate sale or package.
Unité Taille de l’unité Utilisation du condo Prix Revenu net d’exploitation
Unité Commercial 28 335 pi² Commerce de détail 5 409 027 $ CAD (190,90 $ CAD/pi²) 585 268,64 $ CAD

Unité Commercial

Taille de l’unité
28 335 pi²
Utilisation du condo
Commerce de détail
Prix
5 409 027 $ CAD (190,90 $ CAD/pi²)
Revenu net d’exploitation
585 268,64 $ CAD

Unité Commercial

Taille de l’unité 28 335 pi²
Utilisation du condo Commerce de détail
Prix 5 409 027 $ CAD (190,90 $ CAD/pi²)
Revenu net d’exploitation 585 268,64 $ CAD
Type de vente Investissement
Taux de capitalisation 10,82%
Nbre d’espaces de stationnement 31
ID/Numéro de lot 0800-165-070-03087-000-0044
Description
Commercial Condominium Unit Fully Occupied by Westchester Community College for the last 13 years. Unit being sold consists of 28335 SF of Commercial/Retail/Community Facility space over 2 floors. 22000 SF of space is rented to college. Westchester Community signed a 10 Year lease with two (2) Five-year options in January of 2014. They are currently in the 1st Option period that expires in January 2029 with on additional 5-year option remaining. As part of the initial lease term ownership spent $2.3MM to build out this modern educational facility. This is a Net lease with WCC paying Taxes and Insurance. Sale includes Parking Lot at 14 S. 6th Avenue, Mount Vernon, NY 10550. Parking lot is 10454 SF and contains 31 parking spots. Unit is part of a building that contains 15 S. 5th Avenue. That property is a 40 Unit LIHTC Affordable senior living project of 33190 SF. Available as part of a separate sale or package.</li></ul>
Notes sur la vente
Commercial Condominium Unit Fully Occupied by Westchester Community College for the last 13 years. Unit being sold consists of 28335 SF of Commercial/Retail/Community Facility space over 2 floors. 22000 SF of space is rented to college. Westchester Community signed a 10 Year lease with two (2) Five-year options in January of 2014. They are currently in the 1st Option period that expires in January 2029 with on additional 5-year option remaining. As part of the initial lease term ownership spent $2.3MM to build out this modern educational facility. This is a Net lease with WCC paying Taxes and Insurance. Sale includes Parking Lot at 14 S. 6th Avenue, Mount Vernon, NY 10550. Parking lot is 10454 SF and contains 31 parking spots. Unit is part of a building that contains 15 S. 5th Avenue. That property is a 40 Unit LIHTC Affordable senior living project of 33190 SF. Available as part of a separate sale or package.</li></ul>

Faits sur la propriété

Les informations ci-dessous concernent l’ensemble de l’immeuble. Les caractéristiques propres à chaque lot peuvent varier et sont précisées dans la description du lot présenté ci-dessus.
Taille totale du bâtiment 73 000 pi²
Type de propriété Immeuble residentiel (Condo)
Sous-type de propriété Appartement
Classe d’immeuble C
Planchers 4
Superficie de plancher typique 18 250 pi²
Année de construction 1955
Taille du lot 0,47 AC
Ratio de stationnement 0,9/1 000 pi²
Zone de développement économique Oui
Zonage Commercial
Exceptionnellement accessible à pied
100/100
Relativement adapté aux voitures
50/100
Transports en commun exceptionnels
90/100
Moyennement accessible en vélo
60/100
  • ID d’inscription: 41775946

  • Date de mise sur le marché: 2026-08-17

  • Dernière mise à jour:

  • Adresse: 17 S 5th Ave, Mount Vernon, NY 10550

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