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    Property profile & analytics
    OFF-MARKET Estimated value $1,425,000
    Warehouses

    329 Waverly Ave, Mamaroneck, NY 10543

    8,798 SF 0.19 ac lot Built 1970
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US63-0053047
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1970
    Total area 8,798 SF
    Lot 0.19 ac (8,276 SF)
    APN 553203 8-24-150
    UPID US63-0053047
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.43M
    Owner & transaction history
    331 Waverly Avenue LLC · 19 yrs held
    331 Waverly Avenue LLC
    since 2006
    1 recorded transaction
    2006
    $1.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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