395-397 E 3rd Street, Mount Vernon, NY

$2,900,000

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About 395-397 E 3rd Street

10,000+ sq. ft. 2 story brick corner mixed use property located at East 3rd St. & S. Columbus (Rt. 22). 6 ground fl. commercial spaces with 4 spacious residential units on the 2nd fl., & a large basement. 8.9% CAP RATE. The retail stores include a barber shop, salon, deli, restaurant (2 fronts) and an office. The office will be vacant at closing. The 4 residential units consists of 2 3BR/1B and 2 2BR/1Bath units. 1 3BR and 1 2BR are vacant presently and available to show. They were recently renovated with new kitchens including stainless steel appliances & wood cabinets. The renovated bathrooms include new vanities and marble tiles shower walls. All commercial (modified gross) and residential units have their own gas and electric meters. The residential water expense is paid by the landlord while commercial tenants pay an additional $100 or $125 monthly. Property video, lease summary & P&L preform available. Building analysis under current. Zoning analysis and rent roll attached.

Features of 395-397 E 3rd Street

MLS® # H6289848
Price $2,900,000
Bathrooms 0.00
Acres 0.00
Year Built 1923
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 395-397 E 3rd Street
City Mount Vernon
County Westchester
State NY
Zip Code 10553

Additional Information

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Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Baseboard
Cooling None, Window Unit(s)
Fireplace No

Exterior

Construction Brick

School Information

District Mount Vernon

Additional Information

Zoning mixed use
Short Sale No
RE / Bank Owned No
Taxes (total) $22,772

Listing Details

OfficeKeller Williams Realty NYC Grp
Office Contact718-697-6800

Listing Map

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