10 Broad StMount Vernon, NY 10552

For Sale
$7,250,000

30,500 SF Flex Space, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 30,500 square foot, three-story flex space at 10 Broad Street West in Mount Vernon, New York, presents a rare investment opportunity. Located in Fleetwood's vibrant retail/commercial submarket, this Class C building boasts a prime location on a high-traffic street, offering excellent visibility and accessibility. Built in 1925 and renovated in 1980, the property features a flexible layout with approximately 9.75' to 14' ceiling heights, minimal columns, and ample natural light from north, south, east exposures and oversized skylights. The building includes drive-in access to the ground floor and a drive-up ramp to the upper floors, enhancing convenience and functionality. The property is equipped with a wet sprinkler system, oil and gas heating, separate electric/gas meters per floor, and an HVAC system. Additional features include a 90-foot frontage and proximity to a ProPark parking garage. The Downtown Business (DB) zoning permits a wide range of uses, including mixed-use business, professional, governmental, medical/dental offices, retail/restaurants/fast food, bars/nightclubs/catering halls, museums/art galleries, and dealerships/auto repair, with some uses requiring special permits. The property sits on an 11,160 square foot lot and includes 100,000 square feet of air rights, presenting significant development potential. Annual property taxes are approximately $89,450. This strategically located asset benefits from easy access to major roadways, including the Cross County Parkway, Bronx River Parkway, Hutchinson River Parkway, I-87, and I-95, providing convenient commutes to both east/west and north/south destinations. Furthermore, it's a short distance from the Fleetwood Metro North Station, offering a convenient commute to Downtown Manhattan. The surrounding neighborhood has experienced significant residential growth, with over 1,000 units added recently and an additional 600+ units planned. This presents a compelling investment opportunity in a thriving market with strong potential for future appreciation. All property information should be verified independently.

Highlights

  • ~30,500 SF, three-story flex space with a highly configurable layout.
  • Drive-in ground floor access and drive-up ramp to upper floors.
  • Equipped with a wet sprinkler system, oil & gas heating, separate electric/gas meters per floor, and HVAC.
  • 90-foot frontage on a high-traffic street in Fleetwood's retail/commercial submarket.
  • Abundant natural light from north, south, and east exposures, plus oversized skylights.
  • Adjacent to a ProPark parking garage.

Property Details for 10 Broad St

Property type
Other retail properties, Other office properties
Square Feet
30,500 SF
Class
C
Year Built/Renovated
1925/1980
Buildings
1
Stories
3

Location Insight

City
Mount Vernon
County
Westchester
State
New York
Latitude
40.926033718364
Longitude
-73.836481398881
10 Broad St, Mount Vernon, New York

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10 Broad St
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