Description
Private purchase offers submitted for the city-owned property at 234 East 5th Street following an uncompleted auction.
Impact summary
Ensures the city receives the full $430,000 bid amount or places the property back on the market.
Applicant
- Name
- Sheldon Sharpe / Yusaf Sobola
- Address
- 234 East 5th StreetSee this on the map
At a glance
- Hearings
- 3
- Public comments
- 0
- Total mentions
- 2
Last vote · Real Estate Committee
Last discussed Jun 15, 2026.
Meeting timeline (2)
Real Estate Committee (Special) - Jun 15, 2026
The buyers requested a sliding scale pricing arrangement for the property, which the committee rejected.
Real Estate Committee - Mar 27, 2026
The committee rescinded a previous $435,000 offer and advanced a $430,000 bid to Colyar and Nesmith, pending proof of funds.
We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.
The weekly brief for Mount Vernon
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.