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For SaleLuxury

$1,600,000

148 days on market

425 S 8th Avenue

Mount Vernon, NY 10550

View records
· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1952

Built

Listing narrative

Description

Excellent investment opportunity, this well maintained mixed use building features six one-bedroom residential units and a highly successful laundromat occupying the commercial space. Each apartment is separately metered, with tenants responsible for their own heat, hot water, gas and electricity, minimizing owner expenses. The laundromat is powered by four fuel cell machines, generating excess electricity that benefits the owner. Additionally, the building is outfitted with rooftop solar panels, producing ample energy the owner currently only pays a minimal delivery charge, as the property generates its own electricity. This is a rare, income-producing asset with low operating costs and strong upside potential. Don’t miss out on this unique opportunity it won’t last long

Listing agent (MLS): Michael J. Venuto · Listing brokerage (MLS): Link NY Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,600,000

Beds

Beds n/a

Type

Multi-Family

Home Size

Sqft n/a

Baths

Baths n/a

Year

1952

Status

For Sale

Days on Market

148

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.

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Courtesy of Link NY Realty