441 Mamaroneck Ave Mamaroneck, NY 10543
- Retail properties
- 3,000 SF
Current Use by Public Records
- Hash O Nash / Restaurant / Middle Eastern Restaurant
Property Details for 441 Mamaroneck Ave
- Year built
- 1940
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mamaroneck
- County
- Westchester
- State
- New York
- Longitude
- -73.7363
- Latitude
- 40.9524
