Price Reduced Listing
209 W 3rd Street,Mount Vernon, NY 10550
Mount Vernon, NY 10550
Description
Exceptional mixed-use investment opportunity near the Bronx-Westchester border! This fully detached brick property features three residential apartments, more than 1,000 square feet of commercial space, a full basement, and a large fenced-in backyard. The first floor includes a spacious commercial unit with a full bathroom, along with a separate two-bedroom apartment located behind the commercial space. The second floor contains two additional apartments: one three-bedroom unit and one two-bedroom unit, each with an updated bathroom. Separate utility systems allow residential tenants to pay their own utilities. Conveniently located approximately half a block from the Bronx, the property is within walking distance of the No. 2 subway line, express buses to Manhattan, shopping, schools, and other neighborhood amenities. The property is completely vacant and offers significant redevelopment and income-producing potential. Please note that the property recently sustained fire damage and is being sold in its current as-is condition. The property is in foreclosure, and the lender is willing to consider a short-sale offer. All offers are subject to third-party lender approval. Cash, renovation financing, or other appropriate financing may be required. Buyers must conduct their own due diligence regarding the property’s condition, legal use, zoning, permits, certificate of occupancy, and financing eligibility. Bring your contractor, architect, and vision to restore and reposition this substantial mixed-use property. Schedule your private showing today.
Details
| MLS # | 1030706 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 32 |
| Listing Provided By | eXp Realty | Simon Driver |
Features
| SQ Feet | 3,049 |
|---|---|
| Basement | Y |
| Acreage | 0.07 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard |
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Utilities | Sewer Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 12800 |
| Tax Annual Amount | 21553.85 |
Area Information
| State | NY |
|---|---|
| County | Westchester County |
| City | Mount Vernon |
| Zip Code | 10550 |
| School District | DENZEL WASHINGTON SCHOOL-ARTS (a |
| Elementary School | Cecil H Parker School |
| High School | DENZEL WASHINGTON SCHOOL-ARTS (a |
| Listing VS Median (in 10550) | |
Price: $659,000 low | high Med: $650,000 sqft: 3,049 low | high Med: 1,700 $ / sqft: $216 low | high Med: $382 On site: 32 low | high Med: 645 | |
Market Activity 10550
Request a showing
Request a showing
Contact
Learn More About This Property
| State | NY |
|---|---|
| County | Westchester County |
| City | Mount Vernon |
| Zip Code | 10550 |
| School District | DENZEL WASHINGTON SCHOOL-ARTS (a |
| Elementary School | Cecil H Parker School |
| High School | DENZEL WASHINGTON SCHOOL-ARTS (a |
| Listing VS Median (in 10550) | |
Price: $659,000 low | high Med: $650,000 sqft: 3,049 low | high Med: 1,700 $ / sqft: $216 low | high Med: $382 On site: 32 low | high Med: 645 | |
 | $774,0004612 Monticello AvenueBronx, NY 10466 |
 | $1,100,000137 S 14thMount Vernon, NY 10550 |