329 Waverly Ave, Mamaroneck, NY 10543
This exceptional 8,798-square-foot warehouse in Mamaroneck, NY, presents a compelling investment opportunity. Located at 329 Waverly Ave, this single-story, 1970-built structure sits on a lot extending from Waverly Avenue to Centre Avenue. The property boasts M-1 manufacturing zoning, offering versatility for various uses. Features include ceiling heights ranging from 12 to 16 feet and two overhead drive-in doors, with the potential for a third. The asking price is $1,825,000, translating to $207.43 per square foot. 2022 property taxes were $18,077. Its prime location provides easy access to major highways I-95 and 287, and proximity to Metro North. An adjacent 12,000-square-foot parcel at 311 Waverly Avenue is available for potential expansion, offering additional parking possibilities. This property is vacant and ready for immediate occupancy or redevelopment. The building's street-to-street positioning maximizes its potential. This is an ideal property for those seeking a well-located industrial space or a redevelopment project in a thriving Westchester County location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.