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Five-Family Apartment Buildings
For Sale
$1,399,000

124 Center Avenue, Mamaroneck, NY 10543

Commercial Sale, Mamaroneck, NY

Property SizeContact for details
Lot Size0.11 Acres
Days on Market50

Property Features for 124 Center Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning 281
Rooms Basement
Parking 6
Parking features Driveway, Off Street
Basement Unfinished
Lot features Near Public Transit, Near School, Near Shops
Elementary school Mamaroneck Avenue
Middle school Hommocks School
High school Mamaroneck High School
Elementary school district Mamaroneck
Middle school district Mamaroneck
High school district Mamaroneck
Standard status Active
APN 3203-008-000-00023-000-0596
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 25900

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Water source Public

Building Details

Year built 1892
Floors in Building 2
Number of units 5
Flooring type Combination
Building materials Vinyl Siding
Architectural style Other
Listing Agency: Spadaro Real Estate, Ltd.
Listed By: Lawrence Duignan
Added: Jul 21 Changed: Sep 6 Last Checked: Sep 8 at 5:06PM
MLS# 1011135

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-family property comprises two separate apartment buildings on a 0.11-acre lot in Mamaroneck. The 2,052-square-foot front structure contains a four-bedroom duplex with 1.5 baths and two two-bedroom apartments. A 1,612-square-foot rear building adds two three-bedroom apartments, creating a varied unit mix across the property.

Built in 1892, the buildings feature vinyl siding, combination flooring, public water, and public sewer. Each structure is served by a natural-gas hot-water boiler, while every apartment has its own electric hot-water heater. Parking is provided through an off-street driveway area, and basement space is included. The property is identified with zoning designation 281 and is located at 124 Center Avenue in Mamaroneck, Westchester County.

Key Highlights

  • Five‑family property arranged across two separate apartment buildings
  • 2,052‑square‑foot front building with three apartments, including a four‑bedroom duplex
  • 1,612‑square‑foot rear building with two three‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Home Appliance Store Tattoo & Piercing Shop Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,788
Businesses Nearby

Demographics for 10543, NY

21,296
Population
8,141
Households
2.6
Avg Household Size
41
Median Age
57%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
4,953
Density / Sq Mi
$128,418
Median Household Income
$69,176
Median Earnings
$2,030
Median Rent
$710,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two separate structures include driveway and off-street tenant parking.
Where is this apartment building located?
The property is located at 124 Center Avenue Mamaroneck, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Five‑family property arranged across two separate apartment buildings; 2,052‑square‑foot front building with three apartments, including a four‑bedroom duplex; 1,612‑square‑foot rear building with two three‑bedroom apartments
More about this property
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