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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Warehouses
430 Ctr Ave, Mamaroneck, NY 10543-2254
Entity Owned
Free & Clear
Property ID
US63-1488212
Property summary
AI-generated overview
This exceptional industrial property, located at 430 Center Avenue in Mamaroneck, NY, offers a substantial 13,900 square feet of space on a 0.29-acre lot. The property, officially recorded as two parcels (426 and 430 Center Avenue), comprises buildings constructed in 1970 and 1981 respectively, according to town records. Town records should be consulted to verify square footage. The site features ample parking for sixteen vehicles and convenient access via two curb cuts. Its strategic location offers easy access to major transportation arteries, including proximity to the Metro-North train station (0.09 miles), Mamaroneck's central business district (0.09 miles), and Interstate 95 (1.1 miles). The Bee-Line bus system also provides convenient public transportation options. The property is situated approximately 23 miles north of Midtown Manhattan. All tenant leases are month-to-month. The 2024 property taxes are $55,488. This is an "as-is" sale
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Total area
5,608 SF
Lot
0.11 ac (4,792 SF)
APN
553203 8-25-387
UPID
US63-1488212
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
-
A J Benet, Inc. Insurance Insurance Agency
-
Charter Oak Financial Consultants, LLC Financial Advisor
-
Wishflower Studio Art Studio Art Center
-
J A Jackson Corporation Electronics & Wireless Store
-
Amarillo Stone Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.21M
Owner & transaction history
430 Center LLC
430 Center LLC
since 2026
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mamaroneck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mamaroneck submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,430,000
6.5%
$1,320,000
7%
$1,230,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,970,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$216 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$925,000
Assessed 2023
Previous assessed
$925,000
+0.0% YoY
Assessed land
$221,000
Assessed improvement
$704,000
Land market value
$221,000
Improvement market value
$704,000
Total market value
$925,000
Applied tax rate
553,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
1
Stories
2
Total area
5,608 SF
Lot
0.11 ac (4,792 SF)
APN
553203 8-25-387
UPID
US63-1488212
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.0M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
2
Buildings
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
430 Center LLC
Entity
Free & Clear · 0 yrs held
Mailing address
430 CTR AVE, MAMARONECK, NY 10543-2254
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2026
$2,000,000
430 Center LLC
Tobin Sarah
Bargain & Sale Deed
—
Aug 15, 2017
—
430 Center Avenue LLC
Jackson,james A
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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