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    331 Waverly Ave Mamaroneck, NY 10543

    Sponsored
    For Sale
    $1,825,000

    10,125 SF Warehouse, M-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,125-square-foot warehouse in Mamaroneck, New York, presents a compelling investment opportunity. Located at 331 Waverly Ave, 10543, this property boasts versatile ceiling heights ranging from 12 to 16 feet, providing ample storage and operational space. Two convenient overhead drive-in doors ensure efficient loading and unloading, with the potential for a third door to be added. The building's strategic location spans from Waverly Avenue to Centre Avenue, offering excellent accessibility and visibility. The property is zoned M-1 for manufacturing, opening up a wide range of potential uses. 2023 property taxes totaled $25,404. This warehouse is ready for immediate occupancy or redevelopment, making it an ideal choice for businesses seeking a functional and well-situated space in Westchester County. The asking price for this prime industrial property is $1,825,000. This presents a rare opportunity to acquire a substantial warehouse in a desirable location with significant potential for growth and return on investment. Don't miss out on this chance to secure a valuable asset in the thriving Mamaroneck market.

    Property Features for 331 Waverly Ave

    General Information

    Property type
    Distribution properties

    HighLights

    • $1,825,000 asking price.
    • 10,125 SF warehouse in Mamaroneck, NY.
    • Versatile ceiling heights (12‑16 ft).
    • Two drive‑in doors, potential for a third.
    • 2023 taxes: $25,404.
    • M‑1 manufacturing zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Home Limousine Service, ... Limousine Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mamaroneck
    County
    Westchester
    State
    New York
    Longitude
    -73.7421229
    Latitude
    40.9509999

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    FAQs

    What type of property is this?
    Distribution property - 10,125 SF Warehouse, M-1 Zoning
    Where is this distribution property located?
    The property is located at 331 Waverly Ave Mamaroneck, NY.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: $1,825,000 asking price.; 10,125 SF warehouse in Mamaroneck, NY.; Versatile ceiling heights (12-16 ft).
    Request Owner's contact information
    331 Waverly Ave Mamaroneck, NY 10543
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    331 Waverly Ave Mamaroneck, NY 10543
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