145 S Fulton Avenue

Mount Vernon, NY 10550

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.

Listing courtesy of Link NY Realty bryant@LinkNYRealty.com


Based on information submitted to the MLS GRID as of 2025-11-08 08:31 AM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.