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40 E 1st St
14,404 SF Retail Building Mount Vernon, NY 10550 $4,950,000 ($344/SF)
Investment Highlights
- The property spans one full block on East First Street and is walking distance to the Mount Vernon East Metro North Train.
Executive Summary
Property Facts
Amenities
- Bus Line
About 40 E 1st St , Mount Vernon, NY 10550
• Located at the Mt Vernon East Metro-North train Station in Mt Vernon, NY • The site is made up of (3) parcels with common ownership • Parcel 1 is a 2-story commercial building with a retail bank branch as its long term tenant • Parcel 2 is a vacant retail strip in need of significant maintenance • Parcel 26 is a parking lot • Site encompasses a full block front on E 1st St • The City is currently exploring a rezoning of the area • Located in a Qualified Opportunity Zone
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Finance and Insurance
- 8,816 SF
- -
- -
?Putnam County Savings Bank was founded in 1871, in the General Store of Alexander Lobdell, across from the present railroad station in Brewster, New York. Though originally established to serve local farmers and townsfolk, PCSB grew as more people left New York City to make their homes and start businesses in the Lower Hudson Valley. Today, PCSB Bank takes tremendous pride in their commitment to Putnam, Dutchess, Westchester and Rockland Counties in the Lower Hudson Valley. PCSB Bank will always remain steadfastly true to their original charter as a bank for local businesses and hard-working families. Expanding their footprint allows PCSB Bank to provide their True Local, True Banking style of personalized service to even more Lower Hudson Valley families and businesses. This is the cornerstone of their business philosophy and will be evident in everything they do.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Finance and Insurance | 8,816 SF | - | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $20,200 | |
| Land Assessment | $54,300 | Total Assessment | $74,500 |
PROPERTY TAXES
-
John Barrett -
RM Friedland
Presented by
40 E 1st St
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