Mixed Use Building For Sale

Mount Vernon, NY
Westchester County


Asking Price: Annual Revenue:
$8,500,000 Not Disclosed

Commercial Real Estate: Multi-Family


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RE: Mixed Use Building For Sale Broker: Seller of Business

Quick Facts

Asking Price: $8,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NY
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 522836927
Broker Reference #: Not Disclosed

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Business Overview:

24 Apartments, 6 retail units. 18 apartments have been newly renovated. 4 stories. 20 apartments. Retail units pay share of real estate taxes, building insurance and water. Located near multiple bus lines and metro north train station. 3 apartments pay legal rent, 20 preferential rent 1 has destabilized rent. Gross annual income $611,131, Less Operating Expenses( $155,367), CAM charges $39,410, Net operating Income $495,174.

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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