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31 Mount Vernon Ave 0.08 Acres of Industrial Land Offered at $340,000 in Mount Vernon, NY 10550

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EXECUTIVE SUMMARY

If 19-31 Mount Vernon Ave plus 9 North Bond are purchased together, an allowable mixed-use building up to 5 stories | 60' maximum height can be developed. The footprint of the Mount Vernon Avenue assemblage equals 23,693. The usable open space by code requires 200 sf per dwelling unit. Allows commercial on first floor. Parking requirements are 1 space per dwelling unit for up to two bedrooms. 9N Bond St would house the parking req. Development calculation: 23,693 sf at 80% rule X 4 stories equaling 75,818 sf of residential with retail on the 1st floor, zoning approval req. Ownership would like to sell the assemblage "As Is" so please make your offer with this consideration. 19-31 Properties must be sold as part of the assemblage.

PROPERTY FACTS

Price	$340,000	Property Type	Land
Sale Type	Investment	Property Subtype	Industrial
No. Lots	1	Total Lot Size	0.08 AC

Price	$340,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Total Lot Size	0.08 AC

1 LOT AVAILABLE

Lot

Price	$340,000	Lot Size	0.08 AC
Price Per AC	$4,297,867.50

Price	$340,000
Price Per AC	$4,297,867.50
Lot Size	0.08 AC

Vacant lots-27 and 31 MV Ave. are Available Excellent for small contractors, mill workers. Must be sold as part of the 19-31 Mount Vernon Ave assemblage. 19 - 31 Mount Vernon Avenue are all located in the Mount Vernon West Corridor Zone (MVW-C).