Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space on Busy Street Title is generated by Realmo AI

    172 E Boston Post Rd, Mamaroneck, NY 10543

    View on Map
    Claim this Listing
    For Lease
    $12 SF/Yr

    Dynamic retail space in affluent neighborhood with harbor view.

    Type:Commercial
    Added:
    Apr 15, 2026
    Days on Market:
    50
    Last Refresh:
    Mar 30 at 4:10 am

    Property Features for 172 E Boston Post Rd

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Paul Ross
    Paul Ross

    Listing agent Paul Ross

    Listing office Keller Williams NY Realty

    Listing date Apr 15, 2026

    Source Elliman

    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 Keller Williams NY Realty

    HighLights

    • Prime location on a busy street in an affluent Westchester County neighborhood.
    • Flexible back area suitable for office, storage, or additional retail space with a private bathroom.
    • Harbor view from the windows.
    • High walk score (80) indicating a very walkable area.
    • Plenty of parking available.
    • Suitable for various business types (spa, cafe, nail salon, etc.).

    Overview

    This retail space is situated on a busy street in Westchester County, within an affluent neighborhood known for high-end dining and shopping. The property offers a harbor view and natural beauty in the back. The space includes a back area suitable for a separate office, storage, or additional retail space, along with a private bathroom. Surrounding businesses include a hair salon, soccer shop, diner, Chase, and Dunkin Donuts. There is ample parking available. The space has previously been used as a bead and jewelry shop, barber shop, and computer fix-it shop. Potential uses include a spa, cafe, or nail salon. The location has a walk score of 80, indicating it is very walkable, a bike score of 53, indicating it is bikeable, and a transit score of 41, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Harbor Spa Spa & Massage Center Trade Source Inc Employment Agency Teds Barbershop Barber Shop Cookie Jar & Parties ... Event Planning VSAM Global Asset ... Business Management Consultant

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mamaroneck
    County
    Westchester
    State
    New York
    Longitude
    -73.7317317
    Latitude
    40.949627

    Nearby Similar for Lease

    • $35 SF/Yr
      2,975 SF

      Versatile Commercial Space on Mamaroneck

      2,975 SF commercial space suitable for various business types.
      343 Mamaroneck Avenue, Mamaroneck, NY 10543
      View Details
    • $3,600/Mo
      900 SF

      Retail Space in Mamaroneck, NY

      Prime retail space on East Boston Post Road for lease.
      621 E Boston Post Road, Mamaroneck, NY 10543
      View Details
    • $6,200/Mo
      1,750 SF

      Retail Space on Boston Post

      Prime retail space available for lease in Mamaroneck, NY.
      615 E Boston Post Road, Mamaroneck, NY 10543
      View Details
    • $1,400/Mo

      Versatile Commercial Space in Mamaroneck

      Adaptable space suitable for various businesses in a high-traffic area.
      820 Mamaroneck Avenue, Mamaroneck, NY 10543
      View Details
    • $3,800/Mo

      Mamaroneck Retail or Office Space

      Retail or office space near I95 and Metro North.
      360 Mount Pleasant Avenue, Mamaroneck, NY 10543
      View Details
    • $4,500/Mo
      1,400 SF

      Mamaroneck Commercial Office Space

      Single-story commercial office building in Mamaroneck, suitable for various uses.
      397 Palmer Ave, Mamaroneck, NY 10543
      View Details
    • $3,700/Mo

      Mamaroneck Commercial Flex Space Available

      Flex space ideal for contractors near Route 95.
      360 Mount Pleasant Avenue, Mamaroneck, NY 10543
      View Details
    • $5,000/Mo
      1,400 SF

      Mamaroneck Commercial Office Space

      Commercial office space for lease in convenient Mamaroneck location.
      397 Palmer Avenue, Mamaroneck, NY 10543
      View Details
    • $27 SF/Yr

      Retail Space Near Train Station

      Commercial space for rent across from Mamaroneck train station.
      313 Halstead Avenue, Mamaroneck, NY 10543
      View Details
    • $6,000/Mo

      Mamaroneck Commercial Space For Lease

      Versatile commercial space in Mamaroneck, near train, shops.
      328 Northrup Ave, Mamaroneck, NY 10543
      View Details
    • $2,500/Mo
      429 SF

      Prime Retail Space in Mamaroneck

      429 sq ft retail space in a vibrant location.
      324 Mount Pleasant Avenue, Mamaroneck, NY 10543
      View Details
    • $2,850/Mo

      Retail Space Near Train Station

      650 SF retail space in Mamaroneck, near transportation.
      432 Mamaroneck Avenue, Mamaroneck, NY 10543
      View Details

    FAQs

    What type of property is this?
    Retail space - Dynamic retail space in affluent neighborhood with harbor view.
    Where is this retail space located?
    The property is located at 172 E Boston Post Rd Mamaroneck, NY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Prime location on a busy street in an affluent Westchester County neighborhood.; Flexible back area suitable for office, storage, or additional retail space with a private bathroom.; Harbor view from the windows.
    (718) 930-4124
    We can help!
    Listing Contact
    Paul Ross
    Paul Ross
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    172 E Boston Post Rd, Mamaroneck, NY 10543
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!