230-234 S Fifth Ave

Strategically located at 230 South 5th Avenue, in the heart of Mount Vernon, NY, this commercial property presents a unique opportunity for investors, developers, or business owners seeking to capitalize on a possible highly dynamic and evolving area. Nestled within Census Tract 002900, the property benefits from a prime location with excellent access to local amenities, major transit routes, and nearby economic centers.
Location Highlights. The area is surrounded by a mix of multifamily residences, retail stores, and office spaces, adding to its versatility and potential for adaptive reuse or redevelopment.
Property Specifications
• Building Size: 21,470 Sq. Ft. (11,470 SF on grade and 10,000 SF second level)
• Lot Size: 10,454 SF (0.24 Acres)
• Adjacent Lot: 4,250 Sq. Ft. (50 x 85) with 25 Parking Spaces is Available
• Parking: 12 Onsite Parking Spaces
• Electric Capacity: 800 AMPS
• HVAC: Warehouse Gas / Office Area 2 Zones
• Ceiling Height: 18'-22' Warehouse 10’ Office Area
• Roof: Dome / Flat – Rubber / Felt
• Sprinkler System: Wet Sprinkler
• Drive-Ins: 2 Drive-In Doors Ground Floor and a Drive-Up Ramp
• Forklift Access: 1 Door for Forklift
• Property Taxes: $71,974 Annually
Interior Features
The property offers versatile interior spaces tailored for commercial and industrial use:
• Main Office Area: 15 Private Offices, 8 Cubicles, Conference Room, Full Eat-In Kitchen, and Four Bathrooms
• Spare Office Area: 2 Private Offices and 8 Cubicles
• Two Levels: Each floor has direct on-grade access, enhancing ease of use and logistics
• Highly Configurable Warehouse Space: Insufficient columns to accommodate various business layouts
Lease Opportunity
The property is available for long-term lease at $22/SF Modified Gross, providing an exceptional opportunity for businesses seeking a highly functional, centrally located commercial space.
This sales trajectory underscores the property’s enduring value and the growth opportunities within the Mount Vernon market.
Development Potential
The property’s size, location, and flexible layout make it ideal for various commercial and industrial applications, including:
• Warehouse/Distribution Center with direct grade access, drive-ins, loading dock, and ample parking
• Office Space for corporate headquarters or professional services
• Mixed-Use Development combining retail, office, or residential opportunities
Given its high ceiling heights, grade-level access, and abundant parking, the property offers exceptional adaptability to meet business and investment needs.
Conclusion
The property at 230 South 5th Avenue represents a rare opportunity to acquire or lease a strategically located commercial asset in Mount Vernon’s thriving landscape. Whether you’re an investor seeking value-add opportunities, a business requiring warehouse/office space, or a developer envisioning a new mixed-use project, this property provides the foundation for future success.
Contact us today to explore how this asset can align with your business or investment goals. Property showing are by appointment only.