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Mamaroneck Multifamily Investment Opportunity

638-640 Halstead Ave Mamaroneck, NY 10543

638-640 Halstead Ave, Mamaroneck, NY, 10543
$2,450,000
For Sale
$2,450,000

Five-unit property in Rye Neck School District with income potential.

Lot Size0.24 Acres
Days on Market103

Property Features for 638-640 Halstead Ave

General Information

Standard status
Active
Lot size
0.24 Acres
Property subtype
Commercial

Building Details

Year Built
1900
Listing agency
Listed by Adriane M. DeFeo
Source Elliman
Added: Apr 10 Updated: Jul 10 at 12:34PM Checked: Jul 21 at 6:24AM

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 Adriane M. DeFeo


Investment Insights

Based on property information with market context.

This five-unit multifamily property is located in the Rye Neck School District of Mamaroneck. Situated on 0.24 acres within a C-1 zone, the property includes a large parking lot and a spacious backyard. Each unit features a full kitchen, dining area, living room, two bedrooms, a full bath, and a bonus office or den. Three of the units have been updated with modern kitchens and baths. The building also offers basement storage and on-site laundry. The property provides steady rental income and long-term potential, suitable for investors or owner-occupiers looking to generate income. Mamaroneck offers coastal living and everyday convenience, with dining and local shops, and a 37-minute commute to Grand Central via Metro-North. Harbor Island Park and the Long Island Sound add to the appeal. Rye Neck Schools are known for strong academics and a close-knit community. The bike score is 56, making it bikeable. The walk score is 83, indicating it is very walkable. The transit score is 49, suggesting some transit options are available.

Key Highlights

  • Five‑unit multifamily property in the highly desirable Rye Neck School District.
  • Steady rental income potential with the option to live in one unit and rent out the others.
  • Three units updated with modern kitchens and baths.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

FAQs

What type of property is this?
Apartment building - Five-unit property in Rye Neck School District with income potential.
Where is this apartment building located?
The property is located at 638-640 Halstead Ave Mamaroneck, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Five‑unit multifamily property in the highly desirable Rye Neck School District.; Steady rental income potential with the option to live in one unit and rent out the others.; Three units updated with modern kitchens and baths.
Contact an agent
More about this property
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