Investor/Developer Opportunity – Approved Two-Family Project in Mount Vernon
Seize this shovel-ready development opportunity in Mount Vernon with a 4,260 sq ft lot and fully city-approved plans for a 3,300 sq ft two-family detached home. Designed for maximum flexibility and return, each unit offers 3 bedrooms, 2 bathrooms, a modern kitchen, and separate living/dining areas—with private entrances for owner-occupancy or dual rental income.
The property includes a full basement and attic for extra living or storage space, plus a private driveway and two garages—highly attractive features for tenants or future buyers. A 1,125 sq ft backyard adds outdoor appeal and boosts market value.
Strategically located, it’s within walking distance of the Mount Vernon East Metro-North Station, and just a short commute to Wakefield MTA and Mount Vernon West Station. Nearby retail access is made easier with the newly reopened Fulton Ave Bridge.
Financial projections are strong, with a potential resale value of $1.2M–$1.4M. The area boasts high rental demand for multi-family units, making this project ideal for either long-term rental income or a profitable flip. With its dual-unit layout, it also offers the potential for a strong cap rate.
This is a rare chance to start building immediately with full approvals already in place. Whether you're an experienced developer or a savvy investor, this opportunity combines location, speed to market, and financial upside. Contact us today for access to plans, comps, and the site.