425 S 8th Ave - Storefront Retail/Residential FOR SALE


Mount Vernon, NY 10550- South Side
$1,600,000 USD
646-321-9428
425 S 8th Ave, Mount Vernon, NY for Sale
$1,600,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

425 S 8th Ave
Mount Vernon, NY 10550
South Side


OVERVIEW

Excellent investment opportunity—this well-maintained mixed-use building features six one-bedroom residential units and a highly successful laundromat occupying the commercial space. Each apartment is separately metered, with tenants responsible for their own heat, hot water, gas and electricity, minimizing owner expenses. The laundromat is powered by four fuel cell machines, generating excess electricity that benefits the owner. Additionally, the building is outfitted with rooftop solar panels, producing ample energy—the owner currently only pays a minimal delivery charge, as the property generates its own electricity. This is a rare, income-producing asset with low operating costs and strong upside potential. Don’t miss out on this unique opportunity—it won’t last long!

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,926 SF

ZONING

-

APN/PARCEL ID

0800-169-038-03063-000-0036

ASK ABOUT THIS PROPERTY

Valon NikciLink NY RealtyMore Info
646-321-9428

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Valon NikciLink NY RealtyMore Info
646-321-9428

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