For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mamaroneck Flex/Industrial Property For Sale Title is generated by Realmo AI

    603 Fayette Avenue, Mamaroneck, NY 10543

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,050,000

    Flex/Industrial property featuring 4,600 SF of versatile space.

    Type:Commercial/Industrial
    Property size:
    4,600 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $228/SF
    Added:
    Mar 11, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 6 at 3:05 am

    Property Features for 603 Fayette Avenue

    General Information

    Standard status
    Active
    Size
    4,600 SF
    Lot size
    0.11 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Miriam Toro

    Listing agent Miriam Toro License #49TO0954360

    Listing office Berashith Realty

    Listing date Mar 11, 2026

    Source Exitrealty

    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 Berashith Realty

    HighLights

    • 4,600 SF of versatile space is ready for your business.
    • Flex/Industrial property offering a range of possibilities.
    • Built in 1950.

    Overview

    This commercial real estate offering in Mamaroneck, NY, comprises a 4,600 square foot flex/industrial property. The property is suitable for a variety of uses, including flex space, industrial purposes, warehousing, and office space. It can accommodate office units and other commercial real estate ventures.

    Financial Insights

    Value Estimation Calculated for Warehouse

    Conservative
    $783.3K
    NOI $70,493 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.01M
    NOI $70,493 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.41M
    NOI $70,493 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Warehouse

    Component $ $/SF
    Gross rent $88.3k $19.20
    − Vacancy −$5.4k −$1.17
    EGI $82.9k $18.03
    − OpEx −$12.4k −$2.70
    NOI $70.5k $15.32
    4,600 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%

    Alternative Use Scenarios

    Best Use
    Warehouse
    $1.01M
    $881.2K – $1.17M (±1% cap)
    NOI $70,493 @ 7.0% cap · market cap 6.71%
    Second Best
    Office B
    $1.01M
    $880.5K – $1.17M (±1% cap)
    NOI $70,441 @ 7.0% cap · market cap 6.71%
    Theoretical Best
    Retail
    $1.39M
    $1.22M – $1.62M (±1% cap)
    NOI $97,265 @ 7.0% cap · market cap 9.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Danny's Catering 2 Richbell Rd, Larchmont, NY 10538
    • Cook & Bake Center 360 Mt Pleasant Ave Suite C, Mamaroneck, NY 10543
    • Lunch With Lou 257 Mamaroneck Ave, Mamaroneck, NY 10543

    Location Insight

    • Map
    • Local Demand
    City
    Mamaroneck
    County
    Westchester
    State
    New York
    Longitude
    -73.7465
    Latitude
    40.9493

    FAQs

    What type of property is this?
    Flex space - Flex/Industrial property featuring 4,600 SF of versatile space.
    Where is this flex space located?
    The property is located at 603 Fayette Avenue Mamaroneck, NY.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: 4,600 SF of versatile space is ready for your business.; Flex/Industrial property offering a range of possibilities.; Built in 1950.
    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