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Active - Unimproved Land for sale

11 N Terrace Avenue, Mount Vernon, NY 10550

Facts & features

Unimproved Land Property type
1073 days on Beycome
4,792 sqft Lot size

Why you’ll love it

  • Corner lot

Welcome to the listing of an exciting empty residential lot for sale on the north side of Mount Vernon! This prime piece of real estate is located in a highly desirable area and comes with numerous opportunities for development. This spacious lot is a developer's dream, offering a vast canvas for creating a multifamily residential investment project. With its strategic location on the north side of Mount Vernon, the property is ideally situated for those seeking a blend of urban convenience and suburban tranquility. The empty lot comes with endless possibilities for development. Whether you envision luxury apartments, a new home for yourself, or an income producing rental property, the potential for this property is immense. Given the rising demand for housing in the area and the scarcity of available land, this lot presents an excellent investment opportunity for developers and investors alike. Contact US today! Also the lot next to it @ 3 N. Terrace and is willing to sell both lots together, contact for more details. Corner lot is commercial zoned.

Translating description...

Listed by: Michael Puff • Michael.puff@compass.com • Compass Greater NY, LLC

Co-listed by: Compass Greater NY, LLC

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Affordability

$165,000$340,000
1%20%
0%90%
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Estimated monthly payment

$1,797/mo

  • Mortgage$1,264
  • Property tax$533
  • HOA fee
  • Homeowners insurance
Due at closing$198,750
Down payment held in escrow$50,000
Closing costs$3,750
beycome credit Est.$5,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Mount Vernon

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Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$250,000 Listed price

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$5,000 Credit back

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