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About This Home

This 0-bedroom, 0-bathroom residential multi family at 425 S 8th Avenue in Mount Vernon, NY is listed for $1,600,000. Built in 1952, on a N/A lot.

Agent Description

Excellent investment opportunity, this well maintained mixed use building features six one-bedroom residential units and a highly successful laundromat occupying the commercial space. Each apartment is separately metered, with tenants responsible for their own heat, hot water, gas and electricity, minimizing owner expenses.

The laundromat is powered by four fuel cell machines, generating excess electricity that benefits the owner. Additionally, the building is outfitted with rooftop solar panels, producing ample energy the owner currently only pays a minimal delivery charge, as the property generates its own electricity. This is a rare, income-producing asset with low operating costs and strong upside potential. Don't miss out on this unique opportunity it won't last long

Key Features

  • Built in 1952

Property Details

1952

Amenities

SolarA/C

Monthly Cost Estimate

$8,557/mo

20% down · 6.5% · 30 years

Principal$1,157
Interest$6,933
Insurance$467

Estimates only. Actual payments may vary.

Location

425 S 8th Avenue

Mount Vernon, NY 10550

Property Details

Construction

Brick

Parking

Parking Lot

Heating

BaseboardNatural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 425 S 8th Avenue is listed at $1,600,000. The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.

Key features include: Built in 1952.

This property is listed by Michael J. Venuto and can be reached at 3475846993 or mikev@linknyrealty.com.

MV

Michael J. Venuto

Agent at Link NY Realty

(347) 584-6993

Listed by Link NY Realty

MLS# 1002952· Source: listhub· Updated 11 days ago

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

425 S 8th Avenue, Mount Vernon, NY 10550

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