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425 S 8th Avenue, Mount Vernon, NY 10550

$1,600,000

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New to the Market

BEDS0 BATHS MLS#1002952

STATUSActive PROPERTY TYPECommercial - SCHOOLMount Vernon

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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

425 S 8th Avenue | MLS# 1002952

This commercial property located at 425 S 8th Avenue, Mount Vernon, NY 10550 is currently listed for sale with an asking price of $1,600,000. S 8th Avenue is located within the Mount Vernon school district. Search Mount Vernon real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Basement: Full

Basement: Yes

Cooling: Wall/Window Unit(s)

Heating: Baseboard, Natural Gas

Taxes: $22,530

Year Built: 1952

Feature Descriptions

Building Area Total: 5142

Days on Site: 1

Exterior: Brick

On Market Date: 2026-05-21

Parcel Number: 0800-169-038-03063-000-0036

Parking Features: Parking Lot

Rental Term: Monthly

Sewer: Public Sewer

Units: 7

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water: Public

Local Schools

High School: Mt Vernon High School

Middle School: Benjamin Turner Middle School

Elementary School: Cecil H Parker School

School District: Mount Vernon

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55 Northern Blvd
Greenvale, NY 11548

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425 S 8th Avenue, Mount Vernon, NY 10550

Property Description

425 S 8th Avenue | MLS# 1002952

Property Features

Feature Descriptions

Local Schools

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425 S 8th Avenue, Mount Vernon, NY 10550

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