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$975,000
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Property Description
Excellent opportunity to acquire a mixed-use property featuring three residential apartments above and a 920 sq. ft. ground-level storefront/office space in a prime Mount Vernon location, offering strong potential for owner-use or additional rental income. The commercial space features high visibility and flexibility, making it ideal for retail, office, medical, or professional use. Above the commercial unit are three residential apartments, all currently occupied with tenants on month-to-month leases, providing immediate cash flow with future repositioning potential: One (1) one-bedroom apartment One (1) two-bedroom apartment One (1) three-bedroom apartment The property also includes a spacious 920 sq. ft. basement, offering added value for storage, expansion, or build-out possibilities. Conveniently located near downtown Mount Vernon, the Bronx River Parkway, and Metro-North, the property benefits from strong accessibility and visibility, appealing to both residential tenants and commercial users. Property Highlights: Mixed-use building: commercial + residential 920 sq. ft. ground-floor storefront/office Three income-producing apartments (month-to-month leases) An additional 920 sq. ft. basement Excellent opportunity for additional income or owner occupancy High-traffic, well-connected location Ideal for investors or end-users seeking a versatile property with existing income and long-term upside.
Full Property Details
Full Property Details for 16 Mt Vernon Ave
General
- Price: $975,000
- Taxes: $42,792
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 970117
- Updated: 3/11/2026
- Added to Site: 24 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Westchester County
School Information
- High School District: Mount Vernon
- High School: Mt Vernon High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Varies by Unit
- Heating Type: Baseboard, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 2870
- Square Feet: 2,870
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
Financial Considerations
- Tax Amount: $42,792.12
Disclosures and Reports
- Special Conditions: None
- Property ID: 0800-165-069-01068-000-0001
Listed by The Immobilier Group LLC
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Schools
Schools serving 16 Mt Vernon Ave
School District:Mount Vernon School District
| Name | Grades | Distance |
|---|---|---|
Hamilton School, Mount Vernon, NY 20 Oak Street, Mount Vernon, NY 10550 | K-6 | 0.2 mi |
Benjamin Turner Middle School 624 South 3rd Avenue, Mount Vernon, NY 10550 | 7-9 | 1.3 mi |
Denzel Washington School-Arts 121 South 6th Avenue, Mount Vernon, NY 10550 | 9-12 | 0.4 mi |
Mount Vernon High School 100 California Road, Mount Vernon, NY 10552 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Mt Vernon Ave
Date
Details
Price
Change
Source
3/11/2026
Listed
$975,000
45.52%
MLS
2/07/2006
Sold
$670,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 Mt Vernon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$16,000
—
2020
-100%
$16,000
—
2020
$24,004
3%
$16,000
—
2018
$23,233
3%
$16,000
—
2017
$22,640
1%
$16,000
—
2017
$22,353
-1%
$16,000
—
2016
$22,560
3%
$16,000
—
2015
$21,867
4%
$16,000
—
2013
$21,086
—
$16,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 Mt Vernon Ave
16 Mount Vernon Avenue, Mount Vernon, NY 10550 (MLS# 970117) is a Commercial property. 16 Mount Vernon Avenue is currently listed for $975,000 and was received on March 11, 2026. Want to learn more about 16 Mount Vernon Avenue? Do you have questions about finding other Commercial real estate for sale in Mount Vernon? You can browse all Mount Vernon real estate or contact a Coldwell Banker agent to request more information.
