Prime Corner Development Opportunity in Mount Vernon – Vacant 3-Family with Expansion Potential. Exceptional opportunity for investors and developers at 68 N 9th Ave, a fully vacant corner-lot multifamily property located in the RMF-10 zoning district. Situated on a 5,000 sq ft lot (100′ x 50′), this property offers significant redevelopment potential with the ability to build up to approximately 9,000 sq ft and as many as 6 residential units (subject to approvals). The existing 3-family structure is completely vacant and ready for renovation or repositioning, making it ideal for investors seeking a value-add project or developers looking to capitalize on the property’s zoning capacity.
The zoning analysis outlines multiple development scenarios including:
• Standard multifamily development – up to 6 units
• Senior housing with potential parking waiver
• Affordable housing with reduced parking requirements
Corner lot positioning provides excellent light, frontage, and design flexibility for a potential 3-story residential building up to 40 ft in height. Located in a rapidly evolving Mount Vernon neighborhood with convenient access to Metro-North, major parkways, shopping, and NYC commuting routes, this property offers both immediate renovation upside and long-term development value. Delivered fully vacant. Zoning analysis available upon request. An outstanding opportunity to unlock the full potential of this well-located multifamily site.