149-153 South 4th Avenue

Investment Overview

Lee & Associates is pleased to present 149-153 South 4th Avenue, Mount Vernon, NY 10550 to the market. The featured property consists of 10,518 square feet of retail space, with multiple value-add opportunities available. Zoned DB (Downtown Business), the site offers flexible development pathways to achieve the highest and best use. Located within an Economic Opportunity Zone, the property also qualifies for special tax incentives when improved. Mount Vernon is undergoing significant revitalization, including new shopping centers, housing developments, and green spaces. The Department of Planning and Community Development is leading efforts to enhance the city’s physical, social, and economic landscape. Its Envision Mount Vernon initiative outlines a 10-year plan focused on inclusive growth and strengthening community identity. This property offers the flexibility to add value through ground-up development or by upgrading the existing structure to attract new tenants.