Two-Story Mixed-Use
For Sale
$1,200,000
168 E Boston Post Road, Mamaroneck, NY 10543
Two-story layout combines street-level retail with an occupied second-floor hair and cosmetics service space.
Property Size2,904 SF
Days on Market50
Property Features for 168 E Boston Post Road
General Information
Standard status
Active
Size
2,904 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$12,770
Building Details
Building Size
2,904 SF
Year Built
1910
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Spadaro Real Estate, Ltd.
Listed By:
Kathleen Spadaro · License #31SP0262259
(914) 646-3202
Source:
Cottiemaxwellrealestate
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 28 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spadaro Real Estate, Ltd.
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Investment Insights
Based on property information with market context.
Built in 1910, this two-story mixed-use property combines approximately 1,000 SF of street-level retail space with an 880 SF walk-out basement. The lower level includes rear access, large windows, and storage or support space. The second floor measures approximately 880–1,000 SF and is occupied by a long-term hair and cosmetic services tenant. Its flexible layout includes six rooms and a full bath with shower.
The property fronts Boston Post Road, also identified as Route 1, across from Mamaroneck Harbor and along the Mamaroneck River. Harbor and Long Island Sound views are available from the front, while the rear overlooks the river. Abundant street parking serves the property. The existing configuration also presents potential for residential conversion, subject to applicable municipal approvals.
The property fronts Boston Post Road, also identified as Route 1, across from Mamaroneck Harbor and along the Mamaroneck River. Harbor and Long Island Sound views are available from the front, while the rear overlooks the river. Abundant street parking serves the property. The existing configuration also presents potential for residential conversion, subject to applicable municipal approvals.
Key Highlights
- Approximately 1,000 SF of street‑level retail space
- 880 SF walk‑out basement with rear access and river‑facing windows
- Second floor measures approximately 880–1,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,404
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,080
$1.2M
Cap Rate 7%
$877,200
$877.2K
Cap Rate 9%
$682,267
$682.3K
Market Conditions
NOI Build-Up for 2,904 SF
Gross rent
$101.1K $34.80/SF
− Vacancy
−$13.3K −$4.59/SF
EGI
$87.7K $30.21/SF
− OpEx
−$26.3K −$9.06/SF
NOI
$61.4K $21.14/SF
Area
Westchester County, NY
Vacancy
13.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,080
Cap Rate 7%
$877,200
Cap Rate 9%
$682,267
Alternative Uses
Best Use
Retail
$877.2K
$767.6K – $1.02M
NOI $61,404 @ 7.0% cap · market cap 5.12%
Second Best
Mixed Use
$601.3K
$526.1K – $701.5K
NOI $42,090 @ 7.0% cap · market cap 3.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 32%
Speedway
Shops & Services
23,998 visits/mo
0.5 miles
Sunoco
Shops & Services
12,549 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,523 visits/mo
0.2 miles
Citibank
Shops & Services
6,216 visits/mo
0.4 miles
Carvel Ice Cream
Dining
4,113 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story layout combines street-level retail with an occupied second-floor hair and cosmetics service space.
Where is this mixed-use property located?
The property is located at 168 E Boston Post Road Mamaroneck, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Approximately 1,000 SF of street‑level retail space; 880 SF walk‑out basement with rear access and river‑facing windows; Second floor measures approximately 880–1,000 SF
