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immediate sale directed via public auction

19,000+ Sq Ft Office Building

Corner Lot – Prime Location

Click Here for a Virtual Walk-Through

145 N. 5th Avenue, Mount Vernon, Westchester County, NY 10550

  • 19,704 Sq Ft Office Building (including Walk-Out Lower Level)
  • Handicapped Accessible Building
  • 10,000 Sq Ft Lot
  • 3,500 Sq Ft Parking Lot
  • Elevator Building Servicing 1st and 2nd Floors
  • .2 Miles to Gramatan Avenue Municipal Lot (Multi-Level Parking Garage)
  • .5 Miles to Mt. Vernon East MTA Train Station
  • .1 Miles to Gramatan Ave MTA Bus Stop (0007,0040,0041,0043 and 0052 Bus)
  • 1 Block to Hartley Park
  • Currently vacant & delivered vacant at closing

First Floor:

  • Professional/Office Space
  • 6,714 Sq Ft
  • Current Configuration:
    • 20 Offices/Rooms
    • Receptionist Area
    • Common Hallway
    • 4 Multi-Stall Restrooms (2 Handicapped)
    • 1 Additional Bathroom
    • Cafeteria Room
    • Mechanical Room

Second Floor:

  • Professional/Office Space
  • 6,714 Sq Ft
  • Current Configuration:
    • 4 Multi-Room/Office Professional Suites
    • Common Hallway
    • 4 Multi-Stall Bathrooms (2 Handicapped)
    • Server Room
    • Accessible Via 2 Stairwells and Elevator

Lower Level: (Walk-Out Entrance on North Street)

  • Open Floor Plan
  • 6,276 Sq Ft (Appx)
  • Previously Utilized by Cabinet Manufacturer
  • Ceiling Mounted Heat
  • 3 Utility Rooms (Electrical, Elevator and Heat/Hot Water)
  • 1 Bathroom

Upgrades/Renovations (2018):

  • EPDM Roof
  • Energy-Efficient LED Lighting Throughout
  • 2 Rooftop HVAC Trane Units
  • Fire Alarm System (Central Station Monitoring)
  • Gas Main Replacement
  • All Bathrooms

Utility information:

  • First Floor:
  • Trane HVAC System is Located in A First Floor Utility Closet (1 Zone Heat and CAC)
  • Additional Boiler Located in Basement (Supplies Baseboard Heat)
  • Second Floor:
  • 2 Rooftop Trane HVAC Units (2 Zone Heat and CAC)
  • Lower Level:
  • Gas Boiler Located in Basement (Ceiling Mounted Hot Water Heat Units)
  • Utility Service:
  • 8 Electric Meters
  • 400 Amp Electric Service
  • 1 Gas Meter

additional Information:

  • Parcel ID: 165.54-1121-26
  • School District: Mt. Vernon City
  • Zoning: NB
  • Property Class 464: Office Building
  • Annual Real Estate Tax: $25,346.09
  • currently occupied & delivered vacant at closing

Terms & Conditions of Sale: Sold free and clear of all monetary liens.  seeking offers for immediate sale – please submit offers with proof of funds to [email protected].

Buyer’s Premium: A Ten (10%) percent Buyer’s Premium will be added to the offer to determine the contract price to be paid by the purchaser.

Broker Participation: A two (2%) percent commission will be paid to any properly licensed Buyer Broker who represents the purchaser.

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Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker

The Real Property is being sold “AS IS” “WHERE IS”“WITH ALL FAULTS”, without any representations, covenants, guarantees or warranties of any kind or nature, and free and clear of any liens, claims, or encumbrances of whatever kind or nature, with such liens, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the Closing, and the sale of the Real Property is subject to, among other things (a) any state of facts that an accurate survey may show; (b) any covenants, restrictions and easements of record; (c) any state of facts a physical inspection may show; (d) any building or zoning ordinances or other applicable municipal regulations and violations thereof; and (e) environmental conditions. By delivering their respective Deposits, all Bidders acknowledge that they have had the opportunity to review and inspect the Real Property, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Real Property in making their bids. Neither Maltz, the Seller nor any of their collective representatives makes any representations or warrantees with respect to the permissible uses of the Real Property including, but not limited to, the zoning of the Real Property.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Real Property and are not relying on any information provided by Maltz, the Seller, or their professionals.  The Real Property will be sold subject to any and all violations or conditions requiring corrective action.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third-party sources and has not been independently verified.  It is the responsibility of the Buyer to determine the accuracy of all components of the sale and Property.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Property, including without limitation, environmental and physical condition of the Property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.  Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.