Mixed-Use Development
For Sale
$4,000,000
313-333 Halstead Avenue, Mamaroneck, NY 10543
Three Halstead Avenue parcels sit opposite the Mamaroneck Metro-North station.
Property Size19,000 SF
Price / SF$210.53
Days on Market284
Property Features for 313-333 Halstead Avenue
General Information
Standard status
Active
Size
19,000 SF
Property subtype
Commercial
Zoning
05
Taxes and HOA fees
Annual Taxes
$75,282
Building Details
Building Size
19,000 SF
Year Built
1900
Listing Agency:
Stetson Real Estate
(914) 381-7173
Listed By:
Mary Stetson
(914) 882-8442
Source:
Gillianstewart
Added: Jan 14
Changed: Oct 23
Last Checked: Oct 23 at 4:07PM
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 Stetson Real Estate
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Investment Insights
Based on property information with market context.
The assemblage comprises three parcels at 311, 313, and 333 Halstead Avenue in Mamaroneck. Together, they cover 0.6 acre with 323 feet of street frontage, and the site is relatively flat. The property is identified for potential new mixed-use development.
The parcels are across the street from the Mamaroneck Metro-North station. The 311 Halstead Avenue parcel is held under a 76-year village lease; the other two parcels are owned. Upper floors could have views of Mamaroneck Harbor and Long Island Sound.
The parcels are across the street from the Mamaroneck Metro-North station. The 311 Halstead Avenue parcel is held under a 76-year village lease; the other two parcels are owned. Upper floors could have views of Mamaroneck Harbor and Long Island Sound.
Key Highlights
- 0.6‑acre assemblage with 323 feet of street frontage
- Three parcels at 311, 313, and 333 Halstead Avenue
- Opposite the Mamaroneck Metro‑North station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$275,381
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,507,620
$5.5M
Cap Rate 7%
$3,934,014
$3.9M
Cap Rate 9%
$3,059,789
$3.1M
Market Conditions
NOI Build-Up for 19,000 SF
Gross rent
$570.0K $30.00/SF
− Vacancy
−$129.4K −$6.81/SF
EGI
$440.6K $23.19/SF
− OpEx
−$165.2K −$8.70/SF
NOI
$275.4K $14.49/SF
Area
Westchester County, NY
Vacancy
22.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,507,620
Cap Rate 7%
$3,934,014
Cap Rate 9%
$3,059,789
Alternative Uses
Best Use
Mixed Use
$3.93M
$3.44M – $4.59M
NOI $275,381 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$5.74M
$5.02M – $6.70M
NOI $401,745 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,848
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three Halstead Avenue parcels sit opposite the Mamaroneck Metro-North station.
Where is this mixed-use property located?
The property is located at 313-333 Halstead Avenue Mamaroneck, NY.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 0.6‑acre assemblage with 323 feet of street frontage; Three parcels at 311, 313, and 333 Halstead Avenue; Opposite the Mamaroneck Metro‑North station
