Buy with Yoreevo
$958,250
List Price: $975,000
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16 Mount Vernon Avenue
House in Mount Vernon •  building info
studio • 1,742ft² $560 per ft²
Buy with Yoreevo

$958,250

List Price

$975,000

Key Details
Day on market
1
Last price change
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Estimated payment
$8,827/mo
Taxes
$3,566/mo
Maintenance
N/A
Description
Excellent opportunity to acquire a mixed-use property featuring three residential apartments above and a 920 sq. ft. ground-level storefront/office space in a prime Mount Vernon location, offering strong potential for owner-use or additional rental income. The commercial space features high visibility and flexibility, making it ideal for retail, office, medical, or professional use. Above the commercial unit are three residential apartments, all currently occupied with tenants on month-to-month leases, providing immediate cash flow with future repositioning potential: One (1) one-bedroom apartment One (1) two-bedroom apartment One (1) three-bedroom apartment The property also includes a spacious 920 sq. ft. basement, offering added value for storage, expansion, or build-out possibilities. Conveniently located near downtown Mount Vernon, the Bronx River Parkway, and Metro-North, the property benefits from strong accessibility and visibility, appealing to both residential tenants and commercial users. Property Highlights: Mixed-use building: commercial + residential 920 sq. ft. ground-floor storefront/office Three income-producing apartments (month-to-month leases) An additional 920 sq. ft. basement Excellent opportunity for additional income or owner occupancy High-traffic, well-connected location Ideal for investors or end-users seeking a versatile property with existing income and long-term upside.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$975,000
Asking Price: $975,000
Term
30 Years
Down Payment
$97,000 (10%)
Min: 10% (97,000)
Rate
6.0 %
Mortgage Amount
$877,500
Mortgage Payment
$5,261
Taxes
$3,566
Estimated Yoreevo rebate
$16,750
Estimated closing cost
$28,000
Total monthly cost $8,827
Buy your dream home with us and get an estimated $16,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of The Immobilier Group

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