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14-16 W 1st Street & 5A-5B So Fifth Ave
Mount Vernon, NY 10550

The Reymen Building-N.O.I. $163k · Multifamily Property For Sale · 9 Units

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.33 AC
Building Size 8,600 SF
Average Occupancy 100%
No. Stories 4
Year Built/Renovated 1895/2016

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Security System
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Hardwood Floors
  • Vaulted Ceiling
  • Tub/Shower
  • Basement
  • Dining Room
  • Handrails
  • Intercom

Site Amenities

  • Security System
  • On-Site Retail

About 14-16 W 1st Street & 5A-5B So Fifth Ave , Mount Vernon, NY 10550

Goad Real Estate Co. is Pleasd to Offer 14-16 W. First Street & 5A-5B South Fifth Ave. This Property is a Multi-Family Residential/Retail Mixed Use Apartment Building which Consists of Five (5) Residential Apartments (4-2BR & 1-1BR) & Four (4) Commercial Retail Tenants (4,274 approx sqft of Fully Leased Prime Retail Space). Every Major Capital Improvement was done to this Property within The Last 7 Years of Ownership. The Boiler is a Super High Efficient Steam Boiler which is a Oil/Gas Combo Burner, this Boiler is Serviced and Maintained Annually, this Boiler is currently being ran on Gas, There are Two (2) 500 Gallon (1,000 Gallon) "Above Ground Oil Tanks" Fully Enclosed with Masonary Cinderblocks. The Building was Recently Brick Pointed and Thero-sealed. Removed Old Fuse Boxes in 5A-5B South 5th Ave and Replaced with a Brand New Three (3) Phase Electrical Breaker Box, 14-16 W. First Street Apt 1 aka 1A had their Electrical Breaker Box Removed and Replaced, Apt 2 aka 1B & Apt 4 aka 2B (Federal Pacific Electrical Breaker Panels were Removed & Replaced). "Fully Renovated" Hallways Fleshly Painted, New Mail Boxes, New Step Covers, Brand New Restaurant was Fully Constructed in 2016, New Store Front Installed 2011 (14 W. 1st Street), Brand New Store Front Installed 2014 (5 South 5th Ave.). Each Retail Storefront has thier own Central Heat & Air Conditioning Unit. Each Residential/Commercial Unit has thier own Seperate Electrical and Gas Meter. 14-16 W. First St. has their own Separate Water Meter & 5A-5B has their own Separate Water Meter. Broker's Are Welcomed/Protected 2% Broker's Fee Offered To Selling Broker.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,413 900
2+1 4 $1,638 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0800-165-070-03087-000-0002
  • 0800-165-070-03087-000-0003
Land Assessment
$4,100
Improvements Assessment
$14,450
Total Assessment
$18,550

zoning

Zoning Code DB-10 (DB-10 (Downtown Business District))
DB-10 (DB-10 (Downtown Business District))
  • Listing ID: 12766338

  • Date on Market: 6/5/2018

  • Last Updated:

  • Address: 14-16 W 1st Street & 5A-5B So Fifth Ave, Mount Vernon, NY 10550

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