3-17 E 2nd Street, Mount Vernon, NY | 14 Residential + 7 Commercial Tenants

Welcome to 70 S 3rd Ave, Mt Vernon, NY 10550 – the epitome of prime real estate investment opportunity! This well maintained property boasts a unique blend of 14 residential and 7 commercial units, presenting an ideal balance for a savvy investor seeking both diversity and stability in their portfolio.

• 100% Occupied
• Gross Yearly – $302,000
• NOI – $167,000
• Rent Stabilizing Building
• Price: Make an Offer

Investing in Mount Vernon, New York, presents a unique opportunity for investors to capitalize on a city that is poised for significant growth. With its strategic location just minutes from New York City, Mount Vernon offers the convenience of urban living without the high costs associated with Manhattan. The city is undergoing a revitalization with new developments, infrastructure improvements, and an influx of young professionals seeking affordable housing options. Additionally, Mount Vernon’s rich cultural heritage and diverse population make it an attractive destination for businesses and residents alike. As property values continue to rise and new opportunities emerge, investing in Mount Vernon now means positioning yourself at the forefront of a city on the verge of a dynamic transformation.