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395-397 E 3rd Street, Mount Vernon, NY, 10553 $2,900,000

Retail Commercial  

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Details ML#: H6289848  

  • # of Families: 10
  • Business Type: Commercial, Food Service, Mixed Use, Office, Residential, Retail
  • Sale or Rent:Sale
  • Year Built: 1923
  • Taxes: $22,772
  • Status:Active

Description

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.

More Property Details

Property Features

Building Size: 10454  

Appliances & Utilities

Heat: Natural Gas, Baseboard   A/C: None, Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $22,772  

Local Area Information

School District: Mount Vernon   Zoning: mixed use  

Listing Information provided courtesy of Keller Williams Realty NYC Grp  718-697-6800
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