395-397 E 3rd Street Mount Vernon, NY $ 2,900,000
395-397 E 3rd Street
$ 2,900,000
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395-397 E 3rd Street

Mount Vernon, NY, 10553
$ 2,900,000
Baths0.0

Monthly Estimate*

$ 19,274

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Studio

Commercial Property for sale in Mount Vernon, NY

for $2,900,000. This building was built in 1923.

10,000+ sq. ft. 2 story brick corner mixed use property located at East 3rd St. & S. Columbus (Rt. 22). 6 ground fl. commercial spaces with 4 spacious residential units on the 2nd fl., & a large basement. 8.9% CAP RATE. The retail stores include a barber shop, salon, deli, restaurant (2 fronts) and an office. The office will be vacant at closing. The 4 residential units consists of 2 3BR/1B and 2 2BR/1Bath units. 1 3BR and 1 2BR are vacant presently and available to show. They were recently renovated with new kitchens including stainless steel appliances & wood cabinets. The renovated bathrooms include new vanities and marble tiles shower walls. All commercial (modified gross) and residential units have their own gas and electric meters. The residential water expense is paid by the landlord while commercial tenants pay an additional $100 or $125 monthly. Property video, lease summary & P&L preform available. Building analysis under current. Zoning analysis and rent roll attached.

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Commercial Active

Price

$ 2,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 22,772

Style

Year Built

1923

Town/City

Mount Vernon

County/Region

Westchester

MLS | Web ID

H6289848

Features
General
High School District Mount Vernon
Middle/Junior School District Mount Vernon
Elementary School District Mount Vernon
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* Excluded Features
List By
Gregory Tsougranis

Listing Agent

Keller Williams Realty Nyc Grp

Broker

teamtsougranis@gmail.com

Email

Affordability Calculator

$21,172
Per Month
91%
9%
0%
Monthly Principal & Interest
$19,274
Monthly Property Taxes
$1,898
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099788 Elementary School
4101315 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2024$2,900,000 Listed Price

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395-397 E 3rd Street, Mount Vernon, NY, 10553 is a Commercial Property for sale at $2,900,000. 395-397 E 3rd Street is a studio with 0.0 baths and was built in 1923. The property's zip code is 10553 which is in Mount Vernon, NY