Industrial Income and Auto Shop
For Sale
Contact for pricing
Pending
635 Center Ave, Mamaroneck, NY 10543
M-1 industrial package includes a 5-unit building, an auto body shop, and a vacant lot for truck parking.
Property SizeContact for details
Lot Size0.26 Acres
Days on Market147
Property Features for 635 Center Ave
General Information
Standard status
Pending
Lot size
0.26 Acres
Property subtype
Retail, Industrial
Zoning
M-1
Additional Details
Cap Rate
6.59%
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices New York Properties
Listed By:
Sebastian Aliberti · License #NY
Source:
Crexi
Added: Apr 11
Changed: Aug 27
Last Checked: Sep 1 at 5:21PM
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 Berkshire Hathaway HomeServices New York Properties
Investment Insights
Based on property information with market context.
A 3-lot commercial package on Center Avenue being sold together, including 635 Center Avenue (vacant lot) and 631 Center Avenue (auto body shop), along with the 5-unit income building referenced in the offering. The property configuration is designed for parking and operations, with the vacant lot being delivered vacant. Leases are currently month to month.
Zoning is M-1 Industrial, supporting industrial uses. The offering notes a cap rate of 6.59% for the 5-unit building as-is, and presents a stabilized pro forma analysis indicating potential cap rate increases based on $26,000 of market rent income. The package is described as a cash deal only, and the 3 lots total an estimated tax amount of $37,751.36.
This sale is offered as a single package for the Center Avenue lots and related structures, positioned for contractors and industrial operators seeking space for trucks and equipment.
Zoning is M-1 Industrial, supporting industrial uses. The offering notes a cap rate of 6.59% for the 5-unit building as-is, and presents a stabilized pro forma analysis indicating potential cap rate increases based on $26,000 of market rent income. The package is described as a cash deal only, and the 3 lots total an estimated tax amount of $37,751.36.
This sale is offered as a single package for the Center Avenue lots and related structures, positioned for contractors and industrial operators seeking space for trucks and equipment.
Key Highlights
- Package of 635 Center Avenue plus 631 Center Avenue auto body shop and a Center Avenue vacant lot—sold together for $1,750,000 cash deal only
- Includes a 5‑unit income building; cap rate as‑is currently performing at 6.59%
- Vacant lot to be delivered vacant; 3‑lot package includes a combined estimated 11,407 total SF
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,103
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - M-1 industrial package includes a 5-unit building, an auto body shop, and a vacant lot for truck parking.
Where is this apartment building located?
The property is located at 635 Center Ave Mamaroneck, NY.
What are key features of this property?
This property features: Package of 635 Center Avenue plus 631 Center Avenue auto body shop and a Center Avenue vacant lot—sold together for $1,750,000 cash deal only; Includes a 5‑unit income building; cap rate as‑is currently performing at 6.59%; Vacant lot to be delivered vacant; 3‑lot package includes a combined estimated 11,407 total SF
