Commercial Land / New York / Mount Vernon / 10550 / 40-50 E 1st St

40-50 E 1st St

Q: What is the asking price for 40-50 E 1st St in Mount Vernon?

The asking price for 40-50 E 1st St is $4,950,000

Q: How much land does the Mount Vernon, NY property at 40-50 E 1st St include?

40-50 E 1st St in Mount Vernon includes 0.710 acres of land.

Q: What kind of Land is the propery at 40-50 E 1st St?

The property at 40-50 E 1st St Mount Vernon, NY 10550 is listed as a Mixed Use Land Land property.

Q: What is the population within 1 mile of 40-50 E 1st St?

The population within 1 mile of 40-50 E 1st St Mount Vernon, NY 10550 is 63,495 people.

Q: Who do I contact for questions about 40-50 E 1st St?

You should contact the listing agent, John Barrett, for any details regarding this commercial listing.

Mount Vernon, NY 10550

Listing ID: 292627

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Building Size: --

Lot Size: 0.710 AC

Land Size: 30,927 SF

Building $/SF:

Land $/SF: $160.05

Price

$4,950,000

Property Highlights

Located at the Mt Vernon East Metro-North train Station in Mt Vernon, NY

The site is made up of (3) parcels with common ownership

Parcel 1 is a 2-story commercial building with a retail bank branch as its long term tenant

Parcel 2 is a vacant retail strip in need of significant maintenance

Parcel 26 is a parking lot

Site encompasses a full block front on E 1st St

The City is currently exploring a rezoning of the area

Located in a Qualified Opportunity Zone

Description

RM Friedland has been retained on an exclusive basis by ownership to act as advisor and agent for the sale of the properties, collectively known as 40-50 East First Street, Mount Vernon, NY. We are pleased to offer the opportunity to acquire this transit-oriented development site. 40-50 E First Street is a development site that is one full block front on East First Street. It’s 31,035 square feet, walking distance to the Mount Vernon East Metro North Train and in a Qualified Opportunity Zone. The offering comprises (3) distinct Tax Lots, numbers 1,2 and 26 on Block 3123. In 2017, the city of Mount Vernon identified the area around the Mount Vernon West Metro North rail station as a high-density development area and rezoned the area for Mixed-Use Development (MVW). The recent zone change allowed for 1,285,500 buildable square feet as of right, using a Form Based Zoning code. Currently the city of Mount Vernon is reviewing the revitalization of the Mount Vernon East Metro North Area (MVE) specially the TOD hub and open to new development plans for the Mount Vernon East area. If the City of Mount Vernon were to adapt similar zoning for Mount Vernon East (MVE) and they did for Mount Vernon West (MVW), the site would be up-zoned to ±238,000 Buildable Square Feet.

Attachments & Files

40-50-e-first-st-2-COI-jo7.pdf

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Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Yonkers History of Commercial Land for Sale

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Listing Demographics for 40-50 E 1st St Mount Vernon, NY 10550

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		63,495	397,447	1,019,429
Population Median Age		40	40	39
Population by Age	0-9 Yrs	7087 (11%)	44660 (11%)	123907 (12%)
	10-19 Yrs	6527 (10%)	50339 (12%)	129350 (12%)
	20-29 Yrs	9258 (14%)	54668 (13%)	146070 (14%)
	30-39 Yrs	7825 (12%)	50812 (12%)	135997 (13%)
	40-49 Yrs	9275 (14%)	50583 (12%)	128731 (12%)
	50-59 Yrs	9500 (14%)	54366 (13%)	133280 (13%)
	60-69 Yrs	7093 (11%)	44613 (11%)	108326 (10%)
	70+ Yrs	6931 (10%)	47407 (11%)	113768 (11%)

Median HH Income		$54,342	$66,715	$59,290
Total Household Income	< 24K	6451 (25%)	30608 (20%)	88992 (23%)
	25-49K	5557 (21%)	28086 (19%)	75174 (19%)
	50-74K	4133 (16%)	22181 (15%)	59008 (15%)
	75-99K	3261 (12%)	18057 (12%)	43198 (11%)
	100-199K	4564 (17%)	33817 (22%)	77805 (20%)
	200K+	1651 (6%)	14467 (9%)	33386 (8%)

Highest Education Level	No Diploma	7557	44941	134065
	Diploma or GED	12270	71942	177305
	Some College	9142	45721	113528
	Assoc. Degree	4018	23020	53455
	Bachelors Degree	7853	51338	121633
	Higher Degree	5214	39252	97357

Total Housing Units		26,956	153,878	396,857
--Owner-Occupied		9,213	68,779	139,867
--Renter-Occupied		16,404	78,436	237,697
Owner-Occupied Values	< 100K	1018	8754	14704
	100-199K	1184	6695	14826
	200-299K	1545	5897	13722
	300-399K	1830	9446	16990
	400-499K	1569	11452	21536
	500K+	2066	26535	58088

Total Working Age Population		52,185	323,028	819,013
In Work Force		33,796	201,522	511,183
Not In Work Force		18,389	121,507	307,829
Workforce Employed		31,438	186,832	470,581
Workforce Unemployed		2,357	14,670	40,406
Civlian Workforce		33,796	201,503	510,987
Military Workforce		0	19	196

Total Households		25,617	147,215	377,564
Family Households		14,814	94,443	241,104
Non-Family Households		10,802	52,772	136,459
Married Couple		7,345	53,217	135,522
Other Family		7,470	41,226	105,583
Married w/Child		2,783	22,095	59,095
Single Male w/Child		518	3,172	9,786
Single Female w/Child		2,497	13,587	36,444

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Bergen County	884,118	+2	905,116	+7	967,500	+7	1,031,500
New York	18,976,457	+2	19,378,102	+4	20,146,131	+2	20,604,030
Bronx County	1,332,650	+4	1,385,108	+10	1,519,809	+6	1,604,168
Westchester County	923,459	+3	949,113	+5	996,039	+4	1,037,234
New York County	1,537,195	+3	1,585,873	+6	1,688,894	+2	1,727,631

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 40-50 E 1st St in Mount Vernon?

The asking price for 40-50 E 1st St is $4,950,000

How much land does the Mount Vernon, NY property at 40-50 E 1st St include?

40-50 E 1st St in Mount Vernon includes 0.710 acres of land

What kind of Land is the propery at 40-50 E 1st St?

The property at 40-50 E 1st St Mount Vernon, NY 10550 is listed as a Mixed Use Land Land property

What is the population within 1 mile of 40-50 E 1st St in Mount Vernon?

The population within 1 mile of 40-50 E 1st St Mount Vernon, NY 10550 is 63,495 people.

Who do I contact for questions about 40-50 E 1st St?

You should contact the listing agent, John Barrett, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
La Guardia Airport (LGA)	10
John F Kennedy International Airport (JFK)	19
Newark Liberty International Airport (EWR)	23