209 W 3rd Street, Mount Vernon, NY 10550

Property Description

Exceptional mixed-use investment opportunity near the Bronx–Westchester border! This fully detached brick property features three residential apartments, more than 1,000 square feet of commercial space, a full basement, and a large fenced-in backyard. The first floor includes a spacious commercial unit with a full bathroom, along with a separate two-bedroom apartment located behind the commercial space. The second floor contains two additional apartments: one three-bedroom unit and one two-bedroom unit, each with an updated bathroom. Separate utility systems allow residential tenants to pay their own utilities. Conveniently located approximately half a block from the Bronx, the property is within walking distance of the No. 2 subway line, express buses to Manhattan, shopping, schools, and other neighborhood amenities. The property is completely vacant and offers significant redevelopment and income-producing potential. Please note that the property recently sustained fire damage and is being sold in its current “as-is” condition. The property is in foreclosure, and the lender is willing to consider a short-sale offer. All offers are subject to third-party lender approval. Cash, renovation financing, or other appropriate financing may be required. Buyers must conduct their own due diligence regarding the property’s condition, legal use, zoning, permits, certificate of occupancy, and financing eligibility. Bring your contractor, architect, and vision to restore and reposition this substantial mixed-use property. Schedule your private showing today.