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Lot/land
  • Price cut: $26K (8/20)
    $299,000

    145 S Fulton Avenue, Mount Vernon, NY 10550

    --beds
    --baths
    4,356Square Feet
    Land
    Built in ----
    4,356 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private driveway
    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: ? 6 bedrooms & 4 bathrooms (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.
    59 days
    on Zillow
    |
    439
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 20, 2025 at 08:54am

    Listing by:

    Link NY Realty 646-827-2256,

    Bryant Wilder 917-434-2077

    Source: OneKey® MLS,MLS#: 883014MLS Logo
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    Facts & features

    Property

    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 0800165080040020000019
    • Special conditions: None

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Mount Vernon

    Financial & listing details

    • Tax assessed value: $2,600
    • Annual tax amount: $9,073
    • Date on market: 6/27/2025
    • Listing agreement: Exclusive Right To Sell
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