Property profile

329 Ctr Ave Mamaroneck, NY 10543

OFF-MARKET
Industrial properties
Property ID
US63-1525522
8,892 SF 0.23 ac lot Built 1930
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,900 square foot industrial property in Mamaroneck, New York, presents a unique investment opportunity. The building, recently renovated and upgraded, boasts a spacious 7,300 square foot warehouse area and a separate 1,600 square foot office space. The warehouse features multiple access points, including a loading bay and a drive-in door, catering to efficient logistics. Ceiling heights range from an impressive 13 to 27 feet, providing ample vertical space for various storage and operational needs. The modern office space is conveniently accessed via a separate entrance on Center Avenue. Located in Mamaroneck's M1 Industrial zone, this property enjoys exceptional accessibility. It's situated minutes from I-95 and Route 1, offering seamless connectivity to major transportation arteries. The property extends from Center Avenue to Lafayette Street, providing convenient access from multiple points. Furthermore, its proximity to Metro-North Railroad enhances commuting options for employees. The asking price for this turnkey industrial property is $1,900,000. This represents a compelling opportunity to acquire a well-maintained, strategically located warehouse and office building in a thriving Westchester County market.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1930
Total area 8,892 SF
Lot 0.23 ac (10,019 SF)
APN 553203 8-31-20
UPID US63-1525522

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Building Supply

Location

329 Ctr Ave Mamaroneck, NY 10543-2304
Mamaroneck metro Census 7300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
$1.94M
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.38M

Owner & transaction history

since 2025
Last sale
$1.8M
2 recorded transactions
2025
$1.8M
2022
$980,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.8M +166.9%
Auto repair, garage $1.1M +59.8%
Commercial (general) $1.0M +45.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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