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    406 Center Ave Mamaroneck, NY 10543

    Sponsored
    For Sale
    $695,000

    Downtown Mamaroneck warehouse, ideal for workshop or storage.

    Property size:
    1,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,320-square-foot warehouse at 406 Center Ave, Mamaroneck, NY 10543, offers a unique investment opportunity. Located in a bustling downtown area within an M-1 zoned lot, this property presents versatile usage potential. The building itself comprises approximately 816 square feet of net rentable space, featuring dimensions of roughly 14' x 18' plus an additional 12' x 26' irregular section, and includes a basement. The lot, measuring approximately 3,485 square feet (66.84' x 56.10'), provides ample space, including outdoor parking for up to 20 vehicles. The property's strategic location in downtown Mamaroneck ensures high visibility and accessibility, benefiting from the presence of thousands of workers nearby throughout the week. The asking price is $695,000, with a 2024/2025 assessed value of $275,000 and corresponding real estate taxes of $6,272. Section/block/lot is 8/25/355. This property is perfect for a variety of uses, from a workshop or storage facility to an outdoor parking area. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Westchester County location.

    Property Features for 406 Center Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    1,320 SF

    Building Details

    Buildings
    1

    HighLights

    • Asking price: $695,000
    • Section/block/lot: 8/25/355
    • Lot size: approx. 3,485 sq ft (66.84' x 56.10')
    • Existing 816 sq ft building with basement
    • Building dimensions: approx. 14' x 18' plus 12' x 26' irregular section
    • M‑1 zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Hole In the Wall Deli

    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
    -73.7431199
    Latitude
    40.9506634

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    FAQs

    What type of property is this?
    Distribution property - Downtown Mamaroneck warehouse, ideal for workshop or storage.
    Where is this distribution property located?
    The property is located at 406 Center Ave Mamaroneck, NY.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Asking price: $695,000; Section/block/lot: 8/25/355; Lot size: approx. 3,485 sq ft (66.84' x 56.10')
    Request Owner's contact information
    406 Center Ave Mamaroneck, NY 10543
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    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
    406 Center Ave Mamaroneck, NY 10543
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