Massey Knakal Realty Services has been retained on an exclusive basis to sell an office and retail building at 6 Gramatan Avenue. The property occupies a full block between West Prospect and Stevens Avenues in Mount Vernon, Westchester County. The asking price is $10,500,000.
The six-story building contains approximately 72,705 square feet on a 1.51 acre lot, with 17 office units and ten retail stores. Originally constructed in 1912 as a Vaudeville theater, it was significantly upgraded in 1996 and again in 2004 with new HVAC systems, bathrooms, lobby, and mechanicals. In addition, each office unit was supplied with a new security system, including cameras and intercoms. With its prominent full block design and classic architecture, this property is considered the premier office building in the surrounding area. With the exception of the top floor and a small office suite, the building is fully occupied.
Located in downtown Mount Vernon only 15 miles and a 30 minute train ride from Manhattan, the building is within 2.5 blocks of the Mount Vernon East Metro-North train station. Westchester County has undergone major changes over the last 25 years. Mainly known as a residential location for those working in Manhattan, the area has transformed into a dominant employment center as major corporations have relocated to the County.
This property is being marketed exclusively by Massey Knakal’s James Nelson and Matthew Nickerson. Ricky Aryeh, director of sales at Mortgage Equicap is advising on the sale. Mortgage Equicap provides value-added financing solutions for commercial real estate property types throughout the nation.
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Neighborhoods: Westchester County