20 S West St - Office/Residential FOR SALE


Mount Vernon, NY 10550- North Side
$3,950,000 USD
914-633-3100
20 S West St, Mount Vernon, NY for Sale
$3,950,000 USD
Office/Residential - FOR SALE
1/14
null | Request Cap Rate

20 S West St
Mount Vernon, NY 10550
North Side


HIGHLIGHTS

  • Direct platform access to Mount Vernon West Metro North Train Station
  • The zoning permits up to a 15-story building with residential over retail as of right which can be increased to 20 stories with a density bonus
  • Oppportunity to develop a portion of the site and retain income from 7-11
  • Under 30 minute rush hour ride to Grand Central Station
  • Zoning also permits development of medical office, office, retail, commercial and civic uses
  • Easy acces to highways and a high car count

OVERVIEW

Mixed-used transit-oriented building, office over retail, with direct platform access to the Mount Vernon West Metro North train station along the Harlem Line. Rush hour ride to Grand Central Station is under 30 minutes. 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 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. The major tenant is 7-11. The zoning also permits development of up to a 15-story residential tower which can be increased to 20 stories with a density bonus as well as commercial, medical and retail uses. The entire site or a portion of the site that doesn't include the 7-11 can also be developed.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Transit-Oriented Mixed-Use Property

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Commercial/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.