19 S 10th Ave - Schools FOR SALE


Mount Vernon, NY 10550- South Side
$1 USD
301-706-4619
19 S 10th Ave, Mount Vernon, NY for Sale
$1 USD
Schools - FOR SALE
1/53
null | Request Cap Rate

19 S 10th Ave
Mount Vernon, NY 10550
South Side


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | 23,000 SF Building | Residential Conversion Option | RMF 6.75 Zoning | Westchester County | AUCTION FEBRUARY 16-18
  • ±23,000 SF, Four-Story Building on ±10,380 SF Lot: Former school with classic Tudor façade - classrooms, gymnasium, and a full-floor auditorium offer
  • Multiple Development Options: Redevelopment for residential, school, or religious re-use -supportive of phased conversion or interim occupancy
  • Residential Zoning (RMF 6.75): Multifamily district backdrop aligned with a conversion strategy; utilities in place (electric, municipal water/sewer).
  • Transit-Oriented Location: ±0.5 miles to Mount Vernon West (Metro-North Transit) and ±41 minutes to Grand Central Terminal
  • NYC Inner-Ring Suburb Context: Mount Vernon sits immediately north of the Bronx with robust parkway/Interstate access and extensive bus/rail options

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1 USD

PRICE/SF

$0.000043 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction -23K SF Residential Conversion Option

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

RMF 6.75

APN/PARCEL ID

0800-165-077-03023-000-0011

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

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Adam SklaverMarcus & MillichapMore Info
301-706-4619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.