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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

441 Mamaroneck Ave Mamaroneck, NY 10543

3,000 SF Built 1940
Property ID
Property summary
AI-generated overview

This fully operational restaurant, located at 441 Mamaroneck Avenue in Mamaroneck, NY 10543, presents a unique investment opportunity. The 3,000 square foot building, constructed in 1940 and zoned C-2 (APN: 3203-009-000-00001-000-0118), boasts a prime location with 50 feet of frontage on a high-traffic thoroughfare. Currently operating as a Middle Eastern restaurant, the space features 1,700 square feet of indoor seating for 56 patrons and an additional 12 seats outdoors. The fully equipped kitchen includes a 24-foot hood, two sets of grills, and three shawarma stations. Ample basement storage is available, including space for four mid-size stand-up refrigerators/freezers. The restaurant is fully sprinklered and includes two bathrooms. The asking price is $300,000 in key money, with an established five-year lease in place, including a five-year option to renew, and a further five-year option available. The monthly lease payment is $4,583.00. Its proximity to the Mamaroneck Metro-North train station provides easy access for commuters in this walkable town, making it an ideal location for a first-time owner or an experienced restaurateur seeking expansion. This well-designed space offers significant potential for continued success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1940
Total area 3,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hash O Nash Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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