5,142 sqft

$1,600,000

425 S 8th Avenue, Mount Vernon NY, 10550

Price per sqft$311.16

Built in1952

Property size5,142 sqft

Property typeCommercial

Courtesy of Link NY Realty, Michael J. Venuto Listing Contact: 646-827-2256

Overview

Active

Listed May 21, 2026

Updated Aug 21

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

Other Property Details

Taxes: $22,530
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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