Marcus & Millichap is pleased to offer 19 South 10th Avenue, a ±23,000 square foot, four-story former school on a ±0.238-acre lot in Mount Vernon, NY, positioned ±0.5 miles from Metro-North’s Mount Vernon West Station (about 41 minutes to Grand Central). The property’s RMF 6.75 zoning and existing electric/municipal utilities support a multifamily conversion close to transit and neighborhood amenities. Inside, large classroom floorplates, a gymnasium, and a full-floor auditorium create flexible volumes for modern apartment layouts and resident amenities. Set within a NYC inner-ring suburb with extensive highway and mass-transit connectivity, the asset offers multiple exit paths—residential, educational, or religious—making it a compelling value-add conversion opportunity near the city.
Mount?Vernon, New York is a densely populated, transit-oriented city in Westchester County situated just north of the Bronx, offering developers immediate access to New York City. Its proximity to Manhattan and seamless connectivity via Metro-North Railroad’s Harlem Line makes it a strong commuter hub, with frequent rail service into Grand Central Terminal and easy linkage to major highways like I-87/I-95. Mount?Vernon’s dense population, relatively affordable land costs compared with NYC, and walkable neighborhoods present opportunities for multifamily redevelopment, mixed-use infill, and repositioning older retail assets. With redevelopment initiatives underway and strong demand for housing and services near transit, this submarket offers strategic value for investors targeting urban growth nodes within the greater New York metropolitan area. Additionally, the Property is situated within an extremely dense trade area, serving approximately 67,044 residents within a one-mile radius and over 403,000 residents within a three-mile radius, with average household incomes exceeding $94,000.