10 4Th AveMount Vernon, NY 10550

This exceptional 5,253 square foot storefront property at 10 S 4th Ave, Mount Vernon, NY 10550, presents a compelling investment opportunity. Built in 1918 and renovated in 2002, this building boasts a strong net operating income (NOI) of $26,263. The property features two retail spaces, one facing east on South 4th Avenue and the other west on South 5th Avenue, both currently occupied on month-to-month leases. This prime location sits on a bustling retail corridor in a vibrant Westchester County community, benefiting from high foot traffic and proximity to essential services. The South 5th Avenue storefront is conveniently located next to Westchester County Bee-line bus stops (routes 42, 52, 53, & 91), serving Westchester Community College students and commuters. The property is zoned DB, offering flexibility for potential future development, including the possibility of adding upper floors on the South 5th Avenue side. The current tenants are open to extending their leases, providing immediate income for investors while allowing for long-term repositioning or redevelopment strategies. The property's occupancy date is July 31, 2024. This is an ideal opportunity for investors seeking a strong return or end-users looking for a well-located retail space.