20 S West st - Commercial LAND FOR SALE


Mount Vernon, NY 10550 21,780 SF
$3,950,000 USD
914-633-3100
20 S West st, Mount Vernon, NY for Sale
$3,950,000 USD
Commercial LAND - FOR SALE
1/9
21,780 SF

20 S West st
Mount Vernon, NY 10550


HIGHLIGHTS

  • Direct access to the Mount Vernon West Metro North Train Station with under 30 minute ride into Grand Central Station during rush hour
  • Can build residential tower up to 15 stories as of right and up to 20 stories with a density bonus
  • Eligible for New York State Brownfield Cleanup Program
  • Easy access to multiple highways with high car count
  • May be eligible for a New Market Tax Credit through the Empire State New Market Corporation, a subsidiary of the Empire State Development Corporation
  • Site can also be developed for mixed-use, general commercial, retail and civic buildings

OVERVIEW

Half-acre prime transit-oriented development opportunity with direct platform access to the Mount Vernon West Metro North train station along the Harlem Line with under 30 minute rush hour ride to Grand Central Station. Located in the Mount Vernon West "TOD HUB" district which is designed to accommodate the highest intensity and diversity of development in Mount Vernon. The zoning permits up to a 15-story residential tower over retail as of right which can be increased to 20 stories with a density bonus, in addition to mixed use, commercial and retail projects. Phase I and Phase II environmental reports indicate the existence of brownfields. The site is currently improved with a mixed-use building with a gross area of 21,748 +/- square feet and a net rentable area of 11,274 square feet which can be operated as an income-producing property on its own, or while you go through the approval process. The major tenant is 7-11. Seller will vacate all tenants. Also a build-to-suit opportunity for medical, retail and office uses.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/ACRE

$7,900,000/AC

PRICE/SF

$181 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Transit-Oriented Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Medical

LAND ACRES

0.5 AC

LAND SF

21,780 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C/MVW-Hub

APN/PARCEL ID

0800-164-067-01057-000-0016

ASK ABOUT THIS PROPERTY

Robin SeltzerInvestment Design Properties, Ltd.More Info
914-633-3100

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Robin SeltzerInvestment Design Properties, Ltd.More Info
914-633-3100

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