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145 S Fulton Avenue, 
Mount Vernon, NY 10550

$325,000


Bed


Bath


-

Sq Ft


0.10

Acres (Lot)


Land

Active

Listed by

Bryant Wilder

Link Ny Realty

Last updated:

June 28, 2025, 11:44 AM

MLS#

883014

Source:

One Key MLS

About This Land

145 S Fulton Avenue

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: ? 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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.10

MLS #:

883014

Last Updated:

June 28, 2025, 11:44 AM

Added:

3 day(s) ago


Finances & Disclosures

Finances

Price:

$325,000

Source:One Key MLS
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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.