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    Lake Mohegan, NY Multifamily Properties for Sale

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    Multi-Use Property with New Restaurant
    $1,950,000

    Multi-Use Property with New Restaurant

    3432 Lexington Avenue, Mohegan Lake, NY 10547

    Versatile property featuring a new restaurant and residential income units.

    • Brand new, fully installed restaurant space ready for immediate operation or customization.
    • Strong rental income from three residential units.
    • All residential units have separate electric meters.
    • Tenants are on month‑to‑month leases, providing flexibility.
    • Versatile multi‑use building suitable for investors or owner‑operators.
    Updated: Apr 14
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    Lakefront Multifamily Investment Opportunity
    $4,250,000
    4.36 Acres

    Lakefront Multifamily Investment Opportunity

    1860 E Main Street, Mohegan Lake, NY 10547

    17-unit multifamily property with expansion potential on 4.36 acres.

    • Significant development potential: R‑3 zoning allows for expansion with 30 additional units
    • Strong in‑place cash flow: Current NOI of $216,064 supports acquisition financing
    • Lakefront property: Rare opportunity in Westchester County
    • High potential stabilized value: Projected NOI of $594,000 supports a total value of $7.9M–$8.5M at market capitalization rates
    • Substantial excess land: Situated on 4.36 acres
    Updated: Sep 29, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Mohegan, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Victorian Multifamily Building
    $850,000
    0.14 Acres

    Updated Victorian Multifamily Building

    Well-maintained four-unit building with recent updates and convenient location.

    1206 Main St, Peekskill, NY 10566
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    Highland Falls Mixed-Use Investment
    $1,400,000
    9,145 SF

    Highland Falls Mixed-Use Investment

    Two commercial buildings with six units in total for sale.

    13 Mountain Avenue, Highland Falls, NY 10928
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    Value-Add Mixed-Use Property
    Contact for pricing
    5,600 SF

    Value-Add Mixed-Use Property

    Mixed-use property with retail and residential units, value-add potential.

    310 Main St, Highland Falls, NY
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    Mixed-Use Building in Historic District
    $2,000,000
    27,000 SF

    Mixed-Use Building in Historic District

    Forthcoming mixed-use building with retail and residential units.

    1102-1106 Main St, Peekskill, NY 10566
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Expansive Land with Garage Structure
    $750,000
    75.32 Acres

    Expansive Land with Garage Structure

    75.32 acres of land featuring a 2,480 SF garage.

    545 Grape Hollow Road, Holmes, NY 12531
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    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    0.10 Acres

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
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    Flatbush Development Property with R6 Zoning
    $1,249,000
    1,407 SF

    Flatbush Development Property with R6 Zoning

    Development property with existing home and R6, C1-2 zoning.

    14 E 32nd Street lot: 13, Brooklyn, NY 11226
    View details
    Land Near Camelback Resort
    Contact for pricing
    0.18 Acres

    Land Near Camelback Resort

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

    250 Big Hill Pass, Scotrun, PA 18355
    View details

    Lake Mohegan, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Lake Mohegan, NY on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $6,200,000.

    Sale prices for multifamily properties in Lake Mohegan, NY start at $1,950,000, averaging $3,100,000, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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