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For SaleMulti FamilyMLS KEY1002952

425 S 8th Avenue

Mount Vernon, NY · Westchester County
Listed by
Link NY Realty
Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
5,142 SF
Price / SF
$311
Year built
1952

The offering

Excellent investment opportunity, this well maintained mixed use building features six one-bedroom residential units and a highly successful laundromat occupying the commercial space. Each apartment is separately metered, with tenants responsible for their own heat, hot water, gas and electricity, minimizing owner expenses. The laundromat is powered by four fuel cell machines, generating excess electricity that benefits the owner. Additionally, the building is outfitted with rooftop solar panels, producing ample energy the owner currently only pays a minimal delivery charge, as the property generates its own electricity. This is a rare, income-producing asset with low operating costs and strong upside potential. Don’t miss out on this unique opportunity it won’t last long

Building & site

Interest conveyedFee simple
Gross building area5,142 SF
Building typeMulti Family
Property typeMulti Family
Year built1952
WaterPublic
SewerPublic Sewer
HeatBaseboard, Natural Gas
Tax parcel550800169.38-3063-36

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Taxes & assessment

2025 taxes$22,530
Assessed value$17,000
Land assessment$4,000
Full market value$0
Owner of record425 S 8TH LLC
School districtMount Vernon
Property class482

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

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