395-397 E 3 Street, Mount Vernon, NY

$2,900,000

Previous Next

About 395-397 E 3 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 3 Street

MLS® # H6289848
Price $2,900,000
Bathrooms 0.00
Acres 0.00
Taxes $22,772
Year Built 1923
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 395-397 E 3 Street
City Mount Vernon
County Westchester
State NY
Zip Code 10553
Adult 55+ Community No

Amenities

Is Waterfront No
Has Pool No

Interior

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

Exterior

Exterior Brick

School Information

District Mount Vernon

Additional Information

Date Listed February 21st, 2024
Days on Market 153
Zoning mixed use
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty NYC Grp

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?