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Mixed-Use Development Site
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 Market290

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
Listed By: Mary Stetson
Source: Gillianstewart
Added: Jan 14 Changed: Oct 29 Last Checked: Oct 29 at 10:50PM

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

Rey
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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.

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 (±1% cap)
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 (±1% cap)
NOI $401,745 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,848
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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