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.

• Property Type

  Land

• County

  Westchester

• Style

  Land

• AD ID

  50297507