230-234 S Fifth Ave - Warehouse FOR SALE


Mount Vernon, NY 10550
$3,950,000 USD
914-879-2789
230-234 S Fifth Ave, Mount Vernon, NY for Sale
$3,950,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

230-234 S Fifth Ave
Mount Vernon, NY 10550


HIGHLIGHTS

  • • Adjacent Lot: 4,250 Sq. Ft. (50 x 85) with 25 Parking Spaces is Available
  • • Highly Configurable Warehouse Space: Insufficient columns to accommodate various business layouts

OVERVIEW

Strategically located at 230 South 5th Avenue, in the heart of Mount Vernon, NY, this commercial property presents a unique opportunity for investors, developers, or business owners seeking to capitalize on a possible highly dynamic and evolving area. Nestled within Census Tract 002900, the property benefits from a prime location with excellent access to local amenities, major transit routes, and nearby economic centers. Location Highlights. The area is surrounded by a mix of multifamily residences, retail stores, and office spaces, adding to its versatility and potential for adaptive reuse or redevelopment. Property Specifications • Building Size: 21,470 Sq. Ft. (11,470 SF on grade and 10,000 SF second level) • Lot Size: 10,454 SF (0.24 Acres) • Adjacent Lot: 4,250 Sq. Ft. (50 x 85) with 25 Parking Spaces is Available • Parking: 12 Onsite Parking Spaces • Electric Capacity: 800 AMPS • HVAC: Warehouse Gas / Office Area 2 Zones • Ceiling Height: 18'-22' Warehouse 10’ Office Area • Roof: Dome / Flat – Rubber / Felt • Sprinkler System: Wet Sprinkler • Drive-Ins: 2 Drive-In Doors Ground Floor and a Drive-Up Ramp • Forklift Access: 1 Door for Forklift • Property Taxes: $71,974 Annually Interior Features The property offers versatile interior spaces tailored for commercial and industrial use: • Main Office Area: 15 Private Offices, 8 Cubicles, Conference Room, Full Eat-In Kitchen, and Four Bathrooms • Spare Office Area: 2 Private Offices and 8 Cubicles • Two Levels: Each floor has direct on-grade access, enhancing ease of use and logistics • Highly Configurable Warehouse Space: Insufficient columns to accommodate various business layouts Lease Opportunity The property is available for long-term lease at $22/SF Modified Gross, providing an exceptional opportunity for businesses seeking a highly functional, centrally located commercial space. This sales trajectory underscores the property’s enduring value and the growth opportunities within the Mount Vernon market. Development Potential The property’s size, location, and flexible layout make it ideal for various commercial and industrial applications, including: • Warehouse/Distribution Center with direct grade access, drive-ins, loading dock, and ample parking • Office Space for corporate headquarters or professional services • Mixed-Use Development combining retail, office, or residential opportunities Given its high ceiling heights, grade-level access, and abundant parking, the property offers exceptional adaptability to meet business and investment needs. Conclusion The property at 230 South 5th Avenue represents a rare opportunity to acquire or lease a strategically located commercial asset in Mount Vernon’s thriving landscape. Whether you’re an investor seeking value-add opportunities, a business requiring warehouse/office space, or a developer envisioning a new mixed-use project, this property provides the foundation for future success. Contact us today to explore how this asset can align with your business or investment goals. Property showing are by appointment only.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

RMF-6.75

APN/PARCEL ID

0800-169-022-03084-000-0009,0800-169-022-03084-000-0011,0800-169-022-03089-000-0040

ASK ABOUT THIS PROPERTY

James DickersonMWF NEWYORK LLCMore Info
914-879-2789

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James DickersonMWF NEWYORK LLCMore Info
914-879-2789

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