22 N 3rd Ave, Mount Vernon, NY 06380

Houlihan Lawrence Commercial is pleased to present 22 N Third Avenue. The subject property presents a unique opportunity to acquire a +-10,000 square foot industrial property in the heart of Mount Vernon. Offered at $2,600,000, the asset is well-suited for owner-users, investors, or developers seeking a flexible property with both immediate usability and long-term upside.

In addition to its current industrial utility, the property offers a compelling redevelopment opportunity, with the potential to accommodate a +-60-unit residential development (subject to zoning and approvals). The property directly abuts a municipal parking garage, providing a significant advantage for both current use and future development scenarios.

Development Opportunity The site presents a compelling opportunity for residential redevelopment, with the potential to support approximately 60 units, subject to zoning, approvals, and architectural planning.

A key differentiator is the property’s direct adjacency to a municipal parking garage, which may:

Reduce or supplement on-site parking requirements (subject to municipal

approval)

Enhance overall development feasibility

Lower construction costs associated with parking

Improve tenant appeal and lease-up velocity

Additionally, the existing 18’ ceiling heights may provide flexibility in redevelopment design, including potential for creative layouts or partial structural reuse (subject to engineering and zoning considerations)