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$ 1,600,000
Est. payment /mo
Active
425 S 8th Ave Mt Vernon, NY 10550-4359
5,142 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,142 sqft
Price per Sqft $311
Lot Size 7,926 Sqft
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!
Location
State NY
County Westchester
Listed by Valon Nikci • Link NY Realty