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    324 Mount Pleasant Ave Mamaroneck, NY 10543

    Sponsored
    For Sale
    $1,200,000

    Prime Location, High-Income Potential

    Property size:
    3,220 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This unique two-story building in Mamaroneck, NY, presents a compelling investment opportunity. The first floor encompasses approximately 3,220 square feet of commercial space, ideally suited for retail or office use. This area features central air conditioning, two bathrooms, and ample parking, catering to multiple tenants. The C2 zoning allows for diverse commercial applications. Each commercial unit, as well as the residential apartment, has its own electric meter, ensuring efficient utility management. The second floor offers a spacious three-bedroom, one-and-a-half-bathroom apartment, complete with an eat-in kitchen, dining area, living room, hardwood floors, ample closet space, central air conditioning, in-unit laundry, and a dishwasher. Private attic storage adds to the apartment's appeal. The apartment also has a separate gas meter for the stove and hot water. Situated on a 0.13-acre lot in a non-flood zone within the Mamaroneck School District, this property enjoys exceptional convenience. It's a mere three-minute walk from the Metro-North Train Station, downtown Mamaroneck, Palmer Avenue, and a variety of restaurants. This combination of commercial and residential space, coupled with its prime location and flexible layout, makes this a truly exceptional investment opportunity. The property is priced at $1,200,000.

    Property Features for 324 Mount Pleasant Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,220 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1953
    Location Intelligence

    Current Use by Public Records

    Ron Vitti Turf ... Landscaper Waterline Plumbing Services ... Plumber Waterline Filter Corporation Water Filter Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mamaroneck
    County
    Westchester County
    State
    New York
    Longitude
    -73.7368
    Latitude
    40.95079

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, High-Income Potential
    Where is this commercial real estate located?
    The property is located at 324 Mount Pleasant Ave Mamaroneck, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (914) 341-1561
    Request Owner's contact information
    324 Mount Pleasant Ave Mamaroneck, NY 10543
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324 Mount Pleasant Ave Mamaroneck, NY 10543
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