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Self-Storage Facility

Mount Vernon, NY Storage Conversion Opportunity

27 S 6th Ave, Mount Vernon, NY 10550

Listing Price: $20,000,000

Cap Rate
8.53%
Number of Units
348
Occupancy
95.0%
Rentable SF
59,905
Price/Rentable SF
$333.86
Year Built
2022

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Mount Vernon, NY Storage Conversion Opportunity located at 27 South 6th Street in Mount Vernon, New York. The facility currently features 344 climate-controlled units and four warehouse spaces throughout a seven story building that makes up 59,905 net rentable square feet. The facility is situated on a 0.24 acre parcel of land in an area of the Bronx that is currently undersaturated and calls for additional self-storage.

Investment Highlights

  • Westchester County New York Self-Storage Facility with Large Upside
  • Located in the Heart of Mount Vernon | A Suburb of New York City Located Just North of the Bronx
  • Large Value Add Conversion Opportunity | Site Being Sold As Is
  • Seven Story Warehouse that was Partially Converted into Climate-Controlled Storage with More Room to Convert
  • 59,905 Net Rentable Square Feet

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s) NY: 10311204479

    New York

Financing By

Self-Storage Facility

Mount Vernon, NY Storage Conversion Opportunity

Listing Price: $20,000,000

Cap Rate
8.53%
Number of Units
348
Occupancy
95.0%
Rentable SF
59,905
Price/Rentable SF
$333.86
Year Built
2022

Investment Highlights

  • Westchester County New York Self-Storage Facility with Large Upside
  • Located in the Heart of Mount Vernon | A Suburb of New York City Located Just North of the Bronx
  • Large Value Add Conversion Opportunity | Site Being Sold As Is
  • Seven Story Warehouse that was Partially Converted into Climate-Controlled Storage with More Room to Convert
  • 59,905 Net Rentable Square Feet

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Mount Vernon, NY Storage Conversion Opportunity located at 27 South 6th Street in Mount Vernon, New York. The facility currently features 344 climate-controlled units and four warehouse spaces throughout a seven story building that makes up 59,905 net rentable square feet. The facility is situated on a 0.24 acre parcel of land in an area of the Bronx that is currently undersaturated and calls for additional self-storage.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s): NY: 10311204479

    New York

Financing By

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