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Property profile & analytics
FOR LEASE
Investment properties

360 Mount Pleasant Ave Mamaroneck, NY 10543

5,620 SF 0.14 ac lot Built 1920
Entity Owned ~ Est. High Equity
Property ID
US63-1116975
Property summary
AI-generated overview

This exceptional commercial retail property, located at 360 Mount Pleasant Avenue in the thriving town of Mamaroneck, New York, presents a compelling investment opportunity. The single-story building encompasses 6,085 square feet and sits on a 0.14-acre lot. Currently fully occupied by five tenants, the property generates a consistent income stream, making it an attractive asset for investors seeking stable returns. The building's prime location, just behind Mamaroneck's main shopping district and within easy walking distance of the Metro-North train station, ensures high visibility and accessibility. This strategic positioning within a high-demand market contributes significantly to its strong rental potential. Furthermore, the property offers significant upside potential. It includes residential development rights, subject to obtaining the necessary special permit. This presents an exciting opportunity for expansion or redevelopment, allowing for increased profitability and future growth. The property's current income-generating capacity, combined with its development potential, makes it a truly unique and valuable investment in a desirable location. The asking price is $1,900,000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 5,620 SF
Lot 0.14 ac (6,098 SF)
Zoning code C2
APN 553203 9-2-250
UPID US63-1116975
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mambru & Friends Barber Shop Barber Shop
  • Iglesia Palabrs de Vida Church
  • David clips Barber Shop
  • Precise Mobile Detailing Car Wash
  • Alchimista Spiked Ice Cream Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$865k
Owner & transaction history
360 Mt Pleasant Ave LLC
360 Mt Pleasant Ave LLC
since 2025
2 recorded transactions
2025
$1.3M
2006
$750,000
Zoning & alternative use
C2 · Mamaroneck, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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