Industrial Income and Auto Shop
635 Center Ave Mamaroneck, NY 10543
635 Center Ave, Mamaroneck, NY, 10543
Contact for pricing
For Sale
Contact for pricing
Pending
M-1 industrial package includes a 5-unit building, an auto body shop, and a vacant lot for truck parking.
Lot Size0.26 Acres
Days on Market102
Property Features for 635 Center Ave
General Information
- Standard status
- Pending
- Lot size
- 0.26 Acres
- Property subtype
- Retail, Industrial
Listing agency
Berkshire Hathaway HomeServices New York Properties
Listed by
Sebastian Aliberti · License #NY
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 4:37AM Checked: Jul 21 at 4:37AM
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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
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
FAQs
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
