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536 N High St
Mount Vernon, NY 10552 North Side

$1,250,000 USD

Apartments For Sale • 8,000 SF

Property Details

Property Type Apartments
Total Building Size 8,000 SF
Lot Size 0.12 AC
Building Class C
Year Built 1947

80 Transit Score

80 Walk Score

                
                    Highlights
                
                                10-Unit, 100% Rent-Stabilized Multifamily, Fully Occupied Asset
                            
                                Offered at $1,250,000, Representing a 7.9% In-Place Capitalization Rate
                            
                                Proposed Financing of $937,500 Yielding an 8.70% First-Year Cash-on-Cash Return
                            
                                Clear Value-Add Opportunity to Increase Annual Revenue by $7,006 to Legal Levels
                            
                                Highly Concentrated Unit Mix, Featuring Nine One-Bedroom Layouts
                            
                                Located at 536 North High Street in Mount Vernon, NY

Property Flyers

536 North High Street - Executive Summary

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fleetwood Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	2 min	9 min	0.5 mi
Mount Vernon West Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	10 min	19 min	1.0 mi
Transit/Subway	Drive	Walk	Distance
Fleetwood Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	2 min	10 min	0.5 mi
Mount Vernon West Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	9 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
LaGuardia	29 min	-	15.7 mi
Westchester County	26 min	-	16.9 mi
John F Kennedy International	38 min	-	23.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Matthew Gault 631-487-5623 Marcus & Millichap

536 N High St Mount Vernon, NY 10552 North Side