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$933,030
List Price: $949,000
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68 N 9th Avenue
House in Mount Vernon •  building info
studio • 4,792ft² $198 per ft²
Buy with Yoreevo

$933,030

List Price

$949,000

Key Details
Listed today
Last price change
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Estimated payment
$6,689/mo
Taxes
$1,568/mo
Maintenance
N/A
Description
Prime Corner Development Opportunity in Mount Vernon – Vacant 3-Family with Expansion Potential. Exceptional opportunity for investors and developers at 68 N 9th Ave, a fully vacant corner-lot multifamily property located in the RMF-10 zoning district. Situated on a 5,000 sq ft lot (100' x 50'), this property offers significant redevelopment potential with the ability to build up to approximately 9,000 sq ft and as many as 6 residential units (subject to approvals). The existing 3-family structure is completely vacant and ready for renovation or repositioning, making it ideal for investors seeking a value-add project or developers looking to capitalize on the property's zoning capacity. The zoning analysis outlines multiple development scenarios including: • Standard multifamily development – up to 6 units • Senior housing with potential parking waiver • Affordable housing with reduced parking requirements Corner lot positioning provides excellent light, frontage, and design flexibility for a potential 3-story residential building up to 40 ft in height. Located in a rapidly evolving Mount Vernon neighborhood with convenient access to Metro-North, major parkways, shopping, and NYC commuting routes, this property offers both immediate renovation upside and long-term development value. Delivered fully vacant. Zoning analysis available upon request. An outstanding opportunity to unlock the full potential of this well-located multifamily site.

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Building info

History
What it'll cost
Purchase price
$949,000
Asking Price: $949,000
Term
30 Years
Down Payment
$94,000 (10%)
Min: 10% (94,000)
Rate
6.0 %
Mortgage Amount
$854,100
Mortgage Payment
$5,121
Taxes
$1,568
Estimated Yoreevo rebate
$15,970
Estimated closing cost
$27,000
Total monthly cost $6,689
Buy your dream home with us and get an estimated $15,970 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams Realty Group

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