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    OFF-MARKET
    Commercial real estate

    422 Boston Post Rd, Mamaroneck, NY 10543

    19,054 SF 0.55 ac lot Built 2017
    Property ID
    US63-1123658
    Property summary
    AI-generated overview

    This exceptional 13-unit luxury apartment building in Mamaroneck, NY, offers a compelling investment opportunity. Built in 2017, the Class A property boasts 19,054 square feet on a 0.55-acre lot and features a mix of unit sizes, including studios, two-bedroom, and three-bedroom units, some with dens. High-end finishes, spacious layouts, and private balconies (two in penthouse units) are standard. Amenities include covered parking (11 spaces), electric car charging stations, indoor bike storage, a pet washing station, a fitness center with a Peloton bike, an outdoor grilling station, and a rooftop terrace with stunning Long Island Sound views. The building enjoys 100% occupancy, demonstrating strong rental demand and consistent rent growth. Its prime location in the Rye Neck School District offers easy access to Mamaroneck Avenue's diverse dining and shopping options, Harbor Island Park, and the Mamaroneck Metro-North Train Station (39-minute express ride to Grand Central Terminal). Proximity to I-95 (Exits 18A & B) further enhances its appeal. The property is zoned C-1 and comprises one four-story building. This is a rare chance to acquire a high-performing, luxury multifamily asset in a desirable waterfront location. The asking price is $13,000,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2017
    Total area 19,054 SF
    Lot 0.55 ac (23,958 SF)
    UPID US63-1123658
    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
    • Marina Court Apartment Building
    • Blink Charging Station Electric Vehicle Charging Station
    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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