649 Boston Post Rd Mamaroneck, NY 10543-3459
Property Lookup
Property profile & analytics
649 Boston Post Rd Mamaroneck, NY 10543-3459
- Specialty properties
- 4,852 SF
- 0.24 lot acres
Property ID
US63-5876607
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Maria Kremerman - Mamaroneck Veterinary Hospital / Veterinary Clinic
- Raphael Gilbert - Mamaroneck Veterinary Hospital / Veterinary Clinic
- Mamaroneck Veterinary Hospital / Veterinary Clinic
Property Details for 649 Boston Post Rd
- Year built
- 1940
- Lot size
- 0.24 lot acres
- Property size
- 4,852 SF
- Zone code
- C1
- Property type
- Specialty properties
- APN
- 553203 9-20-439
- APU
- 553203920439
Description
This exceptional investment opportunity presents a 7,876 square foot medical office building in Mamaroneck, New York, currently operating as the Mamaroneck Veterinary Hospital. Located on a 0.24-acre lot at 649 W Boston Post Rd, 10543, this property boasts excellent visibility and accessibility on a busy thoroughfare within a high-income area. The building, constructed in 1940 and renovated in 2000, is fully occupied under a triple-net (NNN) lease with PetVet Care Centers, a leading national veterinary operator with over 450 locations. The lease, commenced June 15, 2021, has a remaining term of approximately 6.6 years, with two 5-year renewal options. The lease includes a 2% annual rental escalation, providing a built-in hedge against inflation. The property generates a substantial net operating income (NOI) of $228,159, resulting in a compelling 6.81% capitalization rate. The asking price is $3,350,000, translating to $425.34 per square foot. This investment offers a stable, long-term income stream backed by a financially strong tenant and situated in a desirable, affluent market. Ample parking is available on-site. The property benefits from the financial stability and growth trajectory of PetVet, a top 5 national veterinary chain, and its private equity partner, KKR. This presents a rare opportunity to acquire a high-performing asset in a prime location with significant upside potential.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mamaroneck
- County
- Westchester
- State
- New York
- Longitude
- -73.7392
- Latitude
- 40.9434
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$750,000
$1,090,000
$1,840,000
-
$750,000
$1,090,000
$1,840,000
