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Property profile & analytics
FOR LEASE
Investment properties

219 Mamaroneck Ave Mamaroneck, NY 10543

6,006 SF 0.14 ac lot Built 1940
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US63-1701886
Property summary
AI-generated overview

This exceptional 14,186 square foot flex space at 219 Mamaroneck Avenue in Mamaroneck, NY, offers a unique opportunity for multiple tenants. The property boasts 8,293 square feet of vacant space, divisible into units ranging from 2,400 to 5,893 contiguous square feet, ideal for a variety of uses including retail, food service, medical, fitness, or entertainment. Previously occupied by a Wells Fargo bank, the building features a 2,400 square foot basement, adding to its versatility. With 14-foot ceilings and large front windows providing ample natural light, the space includes two bathrooms and an open floor plan, complemented by partitioned offices adaptable to tenant needs. The property enjoys a highly visible 42-foot frontage on Mamaroneck Avenue, near the Boston Post Road, benefiting from approximately 10,000 vehicles daily passing by. This prime location is surrounded by established businesses such as Dunkin' Donuts, Chase Bank, and several restaurants, ensuring high foot traffic and visibility. A significant signage opportunity further enhances the property's marketing potential. This is a rare chance to secure a prominent space in a thriving Westchester County commercial corridor. The property is zoned for commercial use.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Total area 6,006 SF
Lot 0.14 ac (6,098 SF)
Zoning code C2
APN 553203 9-6-83
UPID US63-1701886
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
  • ATM (Wells Fargo Bank) Atm
  • Post Construction Cleaning Services Westchester Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.34M
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.39M
Owner & transaction history
Milber 219 Mamaroneck LLC · 10 yrs held
Milber 219 Mamaroneck LLC
since 2016
5 recorded transactions
2016
$5.9M
2016
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Mamaroneck, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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