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222 E 3rd Street Mount Vernon, NY 10553
$6,300,000
  • For Sale
  • Misc
  • ML# H6315060

Property Details

Overview

Unlock the potential of this prime vacant lot, strategically located in Mount Vernon offering an unparalleled opportunity to develop 190 affordable housing units to middle income units. Embrace the future of Urban living and capitalize on the burgeoning demand for quality housing in a highly sought-after location. The site permits the development of 190 units as of right, for which we currently have architectural plans available. To access these plans, please request the NDA for signature. Additionally, the seller has developed alternative architectural plans that accommodate a total of 225 units. It should be noted that all plan approvals and due diligence responsibilities lie solely with the seller. Please be aware that a 24-hour notice is required to tour the site, as there is a tenant in place.

Key Facts

  • Lot Size: 0.93
  • Lot Sq Ft: 40511
  • Taxes: $39,000
  • Business Type: Industrial, Multi-Family
  • School District#: 320

Additional Features

Interior & Utilities

  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $39,000
Listing Information provided courtesy of CENTURY 21 ROYAL  914-722-0700
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