545 Franklin Ave - Warehouse FOR SALE


Mount Vernon, NY 10550- South Side
$12,950,000 USD
914-469-0556
545 Franklin Ave, Mount Vernon, NY for Sale
$12,950,000 USD
Warehouse - FOR SALE
1/8
null | 6.6% Cap Rate

545 Franklin Ave
Mount Vernon, NY 10550
South Side


HIGHLIGHTS

  • Income-Producing Industrial Investment Opportunity
  • Diversifed with 4 tenants
  • Great for 1031 Exchange
  • Professionally owned, mangaged, and maintained

OVERVIEW

545 Franklin Avenue is a fully stabilized ±60,000 SF industrial investment asset located on the Westchester–Bronx border with immediate access to I-95 and core last-mile distribution corridors. The property is 100% leased to four established tenants, providing consistent, in-place cash flow with no lease-up risk. The building features on-grade loading on both levels, high clear heights, heavy power, and a full sprinkler system. An additional ±13,500 SF of paved outdoor storage supports parking, fleet, or IOS-style use and enhances overall functionality. Positioned in a supply-constrained infill submarket with sustained industrial demand, 545 Franklin Avenue offers a stabilized income profile and long-term hold appeal. Detailed tenant information, lease terms, cash flow, income, and expense data are available upon request by contacting Shay Property Group.

FOR SALE DETAILS

PRICE

$12,950,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Oil (Steam)

CLEAR CEILING HT

16 Ft

DOCKS

3

DRIVE INS

3

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.8

LAND SF

34,848

ZONING

I

APN/PARCEL ID

0800-169-040-03143-000-0003

ASK ABOUT THIS PROPERTY

Ryan ShayShay Property GroupMore Info
914-469-0556

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Ryan ShayShay Property GroupMore Info
914-469-0556

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