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$ 325,000
Est. payment /mo
Active
145 S Fulton AVE Mount Vernon, NY 10550
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 883014
HOA Y/N No
Rental Info No
Annual Tax Amount $9,073
Lot Size 4,356 Sqft
Acres 0.1
Source onekey2
Property Description
Investor/Developer Opportunity -- Position yourself for immediate value with this 4,356 sq ft lot in Mount Vernon, featuring fully approved architectural plans for a new construction 3,300 sq ft two-family detached home.
Key Development Highlights:
• Shovel-ready with Mount Vernon City-approved plans – Save time, start building immediately
• Two-family layout:
? Each unit features 3 bedrooms, 2 bathrooms, a modern kitchen, and dedicated dining/living areas
? Separate private entrances for each unit – ideal for owner-occupancy or dual rental income
• Full basement and attic – Expandable living or storage space
• Private driveway + 2 garages – High rental appeal
• 1,125 sq ft backyard – Outdoor space that adds market value
Location advantages:
• Walking distance to Metro-North's Mount Vernon East Station
• Close proximity to Wakefield MTA (1 mile) and Mount Vernon West Station (1.5 miles)
• Easy access to shopping via the newly reopened Fulton Ave Bridge
Financial Highlights:
• Projected resale value: $1.2M–$1.4M
• Strong rental market in the area with high demand for multi-family units
• Ideal for long-term hold or resale flip
• Potential for high cap rate with dual-unit configuration
Whether you're an experienced developer seeking your next quick-start project or an investor targeting long-term rental cash flow, this property checks all the boxes: location, approvals, and upside. ACT NOW—ready-to-build properties with this level of potential are rare.
Key Development Highlights:
• Shovel-ready with Mount Vernon City-approved plans – Save time, start building immediately
• Two-family layout:
? Each unit features 3 bedrooms, 2 bathrooms, a modern kitchen, and dedicated dining/living areas
? Separate private entrances for each unit – ideal for owner-occupancy or dual rental income
• Full basement and attic – Expandable living or storage space
• Private driveway + 2 garages – High rental appeal
• 1,125 sq ft backyard – Outdoor space that adds market value
Location advantages:
• Walking distance to Metro-North's Mount Vernon East Station
• Close proximity to Wakefield MTA (1 mile) and Mount Vernon West Station (1.5 miles)
• Easy access to shopping via the newly reopened Fulton Ave Bridge
Financial Highlights:
• Projected resale value: $1.2M–$1.4M
• Strong rental market in the area with high demand for multi-family units
• Ideal for long-term hold or resale flip
• Potential for high cap rate with dual-unit configuration
Whether you're an experienced developer seeking your next quick-start project or an investor targeting long-term rental cash flow, this property checks all the boxes: location, approvals, and upside. ACT NOW—ready-to-build properties with this level of potential are rare.
Location
State NY
County Westchester County
Interior
Fireplace No
Building
Sewer Public Sewer
Schools
Elementary Schools Cecil H Parker School
Middle Schools Lincoln School
High Schools Mount Vernon
School District Mount Vernon
Others
Senior Community No
Special Listing Condition None
Listed by Link NY Realty