MLS#1002952
STATUSActive
PROPERTY TYPECommercial -
SCHOOLMount Vernon
Property Description
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
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas
Taxes: $22,530
Year Built: 1952
Feature Descriptions
Building Area Total: 5142
Days on Site: 1
Exterior: Brick
On Market Date: 2026-05-21
Parcel Number: 0800-169-038-03063-000-0036
Parking Features: Parking Lot
Rental Term: Monthly
Sewer: Public Sewer
Units: 7
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Mt Vernon High School
Middle School: Benjamin Turner Middle School
Elementary School: Cecil H Parker School
School District: Mount Vernon
Listed By / Shown By
Listing By
Agency Name: Link NY Realty
Agency Contact: 646-827-2256
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
Agency Title: Coldwell Banker American Homes
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425 S 8th Avenue | MLS# 1002952
This commercial property located at 425 S 8th Avenue, Mount Vernon, NY 10550 is currently listed for sale with an asking price of $1,600,000. S 8th Avenue is located within the Mount Vernon school district. Search Mount Vernon real estate on lindakyan.cbamhomes.com today.