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Mixed-Use Buildings with Private Parking

410 Mamaroneck Avenue, Mamaroneck, NY 10543

For Sale
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C-2 property combines occupied commercial space with vacant upper-level offices and access to a shared rear parking lot.

Property Size4,500 SF
Price / SF$388.89
Days on Market102

Property Features for 410 Mamaroneck Avenue

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 10
Property subtype Retail, Office, Mixed Use
Zoning C-2

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Asking Price $1,750,000
Office Units 2

Building Details

Year Built 1940
Buildings 2
Stories 2
Units 4
Tenancy Multi
Abandoned No
Listing Agency: Cushman & Wakefield - Stamford, Connecticut
Listed By: Al Mirin · License #CT RES.0471141
Source: Crexi
Added: Jul 31 Changed: Nov 1 Last Checked: Nov 8 at 8:44AM

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 Cushman & Wakefield - Stamford, Connecticut

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This C-2 mixed-use property comprises two separate, two-story buildings totaling 4,500 SF. Built in 1940, the buildings include occupied ground-floor commercial areas with walkout basement space, along with vacant second-floor offices. The upper levels measure 1,000 SF at 410 Mamaroneck Avenue and 1,250 SF at 414 Mamaroneck Avenue; each has a private entrance from Mamaroneck Avenue and access from the rear parking area. The layouts also support consideration of residential conversion, as described in the property information.

The buildings provide 50’ of frontage on Mamaroneck Avenue and over 35’ on Mount Pleasant Avenue. A shared approximate 10-car private parking lot is reached from Mount Pleasant Avenue. The property is within a 2-minute walk of the Mamaroneck Metro-North Train Station, which offers a 39-minute express ride to Grand Central Terminal, and is 0.7 miles from Interstate 95 Exits 18A & B. Harbor Island Park is less than a 10-minute walk away.

Key Highlights

  • Two separate, two‑story buildings totaling 4,500 SF
  • C‑2 zoning with 50’ of Mamaroneck Avenue frontage
  • Over 35’ of frontage on Mount Pleasant Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$95,150
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,903,000 $1.9M
Cap Rate 7%
$1,359,286 $1.4M
Cap Rate 9%
$1,057,222 $1.1M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$156.6K $34.80/SF
− Vacancy
−$20.7K −$4.59/SF
EGI
$135.9K $30.21/SF
− OpEx
−$40.8K −$9.06/SF
NOI
$95.2K $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%
$1,903,000
Cap Rate 7%
$1,359,286
Cap Rate 9%
$1,057,222

Alternative Uses

Best Use
Retail
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,150 @ 7.0% cap · market cap 5.44%
Second Best
Office B
$984.4K
$861.4K – $1.15M (±1% cap)
NOI $68,910 @ 7.0% cap · market cap 3.94%
Theoretical Best
Specialty Retail
$2.98M
$2.60M – $3.47M (±1% cap)
NOI $208,271 @ 7.0% cap · market cap 11.90%
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

Pros & Cones Grocery & Convenience Store Vitis LLC Brewery & Distillery Organic Rug Cleaning ... (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Lease Details

2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,847
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

Market

Average Price Trend$/SF for Mixed-use properties in Westchester County, NY

$462 Jul
$421 Aug
$323 Sep
$326 Oct

Properties on Market for Mixed-use properties in Westchester County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-2 property combines occupied commercial space with vacant upper-level offices and access to a shared rear parking lot.
Where is this mixed-use property located?
The property is located at 410 Mamaroneck Avenue Mamaroneck, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Two separate, two‑story buildings totaling 4,500 SF; C‑2 zoning with 50’ of Mamaroneck Avenue frontage; Over 35’ of frontage on Mount Pleasant Avenue
(203) 326-5822 Call to check price and availability
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