7.7 % Cap Mixed Use Property

11, West Prospect Avenue, West Mount Vernon, Mount Vernon, Westchester, New York, 10550, United States of America
$2,799,999

Description

ERG Commercial Real Estate has been retained to arrange for the sale of 11 W Prospect Ave, Mount Vernon, NY 10550. The property is located on the corner of Roosevelt Square N and N 5th Ave. The property is located across from the Mount Vernon Police Department and across the street from Mount Vernon City Hall, a 5 minute drive from the train station.

Property Documents

Detail

  • Price: $2,799,999
  • Building Size: 18250 SF
  • Lot Size: 18250 SF
  • Property Type: Mixed Use
  • Property Tax Amount: 71371
  • Block: 1118
  • Lot: 15
  • Commercial Units: 9
  • Section: 165.62
  • Annual Income: $278,600
  • Total Expenses: $163,522
  • NOI: $115,078
  • Cap Rate: 7.7%
  • City: Westchester
  • State/County: New York
  • Neighborhood: Mount Vernon
  • Country: United States

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All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.