$1,600,000

425 S 8th Avenue, Mount Vernon, NY 10550

  • 5,142 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $311/sqft
  • Property List Date Icon Listed 1 month ago

Property 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 Status:
Active
Data Last Updated:
June 25, 2026 at 3:21AM
Listing Office:
Link NY Realty : 646-827-2256
MLS ID:
1002952
  • Basement: Full
  • A/C: Wall/Window Unit(s)
  • Heating: BaseboardNatural Gas
  • Parking: Parking Lot
  • Originating MLS: onekey2
  • School District: Mount Vernon
  • County: Westchester County
  • Zoning: 0800-169-038-03063-000-0036
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Link NY Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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