Goad Real Estate Co. is Pleased to Offer 14-16 W. First Street & 5A-5B So. Fifth Ave. Mount Vernon, New York 10550 which is a Nine (9) Unit Mixed Use Multi-Family Apartment Building. This Property is Located in a Brand New Zoning that The Federal Government Recently Designated 4-5 Blocks in Mount Vernon and the Property just happens to be in this Zone. Opportunity Zones are Very Attractive for Real Estate Investors and Especially Developers because of The Option to Hold on to this Asset Benefit from The Differed Capital Gains Tax. This Property is a Nine (9) Unit Multi-Family Apartment Building with 5 Apartments and 4 Retail Storefronts. Seller Purchased Building back in 2011 where every Apartment was Gutt Rehabbed, Including Purchasing and Installing Brand New Windows, Brand New Glass Entry Door with Intercom and Magnetic Lock System, Brand New Electrical Breaker Service (Apartments), Brand New 800 Amp 3 Phase Electrical Service for Brand New Restaurant, Brand New Storefront 5A-5B So. Fifth Ave. w/New 3 Phase Electrical Service, Back Flow Water Preventer, Brand New Ansul Fire Suppression System, New Hood, All New Duct Work. New Asphalt Roof (2011), Steam Boiler w/Oil and Gas Combo, with Two (2) 500 Gallon Above Ground Oil Tanks (1,000 Gallon Fully Enlosed w/Cement Blocks), New Hot Water Heater, Building is Currently Running on Gas, New Burner Control System which gets Serviced Annually. This Property sits in an "Opportunity Zone" which is Designed to Create High Yielding Investments through Tax Deferred Gains with 0% Capitol Gains Tax. No DHCR, No ETPA, No Rent Control/Stabilization, 5 Apartments All Free/Fair Market with 4 Store Fronts, No Violations, No Open Permits, and Brand New Certificate of Occupancy.