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Mount Vernon Office Building Sold For $1.5 Million

Ariel Property Advisors sold 100 Stevens Avenue in Mount Vernon for $1.5 million. Photo Credit: Contributed
Ariel Property Advisors has been retained to sell this commercial property at 256 Washington Street in Mount Vernon. Photo Credit: Contributed

MOUNT VERNON, N.Y. – Ariel Property Advisors handled the sale of a seven-story office building in Mount Vernon for $1.5 million.

The 25,150 square-foot building is at 100 Stevens Ave. The property includes 13 office units and four ground level retail units. Exclusive agents Jason M. Gold, Scot Hirschfield and Victor Sozio represented the seller and procured the buyer, both private investors.

“The new owner of 100 Stevens Avenue plans to extensively renovate and reposition that asset to attract new medical and professional office tenants,” said Jason M. Gold, associate vice president of Ariel Property Advisors. “As a prime corner building in a central location, such a repositioning should greatly enhance the neighboring properties.”

The firm also has been retained as the agent to market an 84,000-square-foot commercial property at 256 Washington St. and four additional properties in Westchester County. All properties are located steps from the Metro North Train Station, which offers easy access to Manhattan and the outer boroughs.

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