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    FOR LEASE
    Warehouses

    524 Waverly Ave, Mamaroneck, NY 10543

    14,020 SF 0.69 ac lot Built 2010
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US63-3371953
    Property summary
    AI-generated overview

    This exceptional 13,400-square-foot industrial property in Mamaroneck, NY, offers a unique blend of warehouse and office space. Situated on a substantial 23,000-square-foot lot, this Class A building boasts a 6,700-square-foot ground floor warehouse featuring 14-foot ceilings and three drive-in doors. The second floor provides an additional 6,700 square feet of flexible loft/showroom/office space with 9- to 12-foot ceilings. Ample parking is available with 54 spaces. The property benefits from a prominent location on Waverly Avenue, a busy thoroughfare connecting Larchmont and Mamaroneck, offering excellent visibility and accessibility. Its M1 zoning allows for a variety of uses. The building, constructed in 1980, features a 221-foot frontage. Utilities include 400-amp power. Property taxes are $3 per square foot. An adjacent 25,000-square-foot lot is also available for lease, providing significant expansion potential. The landlord is open to build-to-suit renovations. The property's convenient location offers proximity to Mamaroneck Avenue's retail district, major highways (I-95, Hutchinson River Parkway, Route 1/Boston Post Road), and the Metro-North train station. This is a rare opportunity to secure a versatile and well-located industrial property in Southern Westchester County.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2010
    Total area 14,020 SF
    Lot 0.69 ac (30,056 SF)
    APN 553203 8-25-11
    UPID US63-3371953
    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
    • Autopart International Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.27M
    Owner & transaction history
    306 Fayette Avenue Realty INC · 12 yrs held
    306 Fayette Avenue Realty INC
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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