26B South 4th Avenue, Mt Vernon, NY 10550 For Sale

*OFFER ACCEPTED*

Well established, reputable, stable, very clean, family owned pharmacy retail store for many years occupies the street and second floor of this single tenant building around 1,950 square feet. Around 1,100 sq ft on the first floor around 300 sq ft of office space and storage on the second floor and 550 sq ft of storage in the cellar. Lot size around 1,300 sq ft. Great foot traffic, sign frontage, large street window visibility with 4,600+ cars per day in vibrant downtown of Mount Vernon!

Yearly gross rental income of $41k. Yearly net income around $21k at a 6% cap rate. Net lease with tenant paying partial property taxes of $5,300 a year and utilities not including water expires on May 31st 2027 with the landlord's option to renew. Yearly taxes of $20,060 and tax assessed value of $572k. Zoned as Downtown Business (DB). Please do not disturb busy tenant.

Commuter, walker and food lover paradise around the block to the Bee-line 40, 41, 42, 43, 52, 53, 54 bus stops, Chase bank, Westchester community college and McDonald's. Four blocks to Mount Vernon East Metro north train station (20 minutes to Uptown Manhattan Harlem 125th station)!

Conveniently nestled between Bronx river and Hutchinson parkways, south of Cross country parkway. 25 mins non rush hour drive to LGA, 30 mins to Uptown, 35 mins to JFK and 50 mins to Newark international airports. Next to Golden krust, Chugg ITT seafood, Royal Caribbean bakery, Dazzles, Mangoville, Square one international, Bobo garden, Golden kitchen, Best Chinese, Boost mobile, Metro by Tmobile, VIM, Rainbow clothing, Dresses for less, Portabella, Uniform palace, shops, salons, spas, 4th ave electronics, GEM pawn brokers, Jackson Hewitt and Liberty tax.

Near Popeye's, Domino's pizza, Papa John's, Johnny's & Anthony's pizzeria, Pizza hut, CB jerk center, Dazzles, Jus jerk, Boasty's kitchen, Tacos los dos compadres, Real Braziian bbq, King gourmet deli, family owned groceries- Foodtown, Food Bazaar, La Placita, Bogopa plaza, Farmer's market produce, Hartley park, Doles recreation & fresh market food rescue program, Macdeonia community center, Extreme fitness, Good life pilates, Dollar tree, Planet tv appliances, Gramatan paint & hardware, Westchester barber academy, Amazon locker Trimpani, DHL express, post office, Mount Vernon City hall & Veterans, Reservists, Military families service agency, public library, Westchester county Social community services, Dept of Senior programs/services, Dept of transportation, government offices, Legal services of Hudson valley, AFC urgent care, hospitals, fire, police stations and houses of worship.

For questions and appointments contact Diane Mi Ryoung Chong at 718-640-4431, [email protected] or Mr. Paul Jung Choe at 646-436-0977, [email protected]. Real estate Agents at Hanmi Realty.