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Lake Mohegan, NY Residential Income Properties for Sale

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Lakefront Multifamily Investment Opportunity
$4,250,000
4.36 Acres

Lakefront Multifamily Investment Opportunity

1860 E Main Street, Mohegan Lake, NY 10547

17-unit multifamily property with expansion potential on 4.36 acres.

  • Significant development potential: R‑3 zoning allows for expansion with 30 additional units
  • Strong in‑place cash flow: Current NOI of $216,064 supports acquisition financing
  • Lakefront property: Rare opportunity in Westchester County
  • High potential stabilized value: Projected NOI of $594,000 supports a total value of $7.9M–$8.5M at market capitalization rates
  • Substantial excess land: Situated on 4.36 acres
Updated: Sep 29, 2025
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Mohegan, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Condo with Modern Amenities
$319,000
900 SF

New Condo with Modern Amenities

Modern 2 bed, 1 bath condo with complex amenities.

3 Woods End Circle A, Peekskill, NY 10566
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Updated Victorian Multifamily Building
$850,000
0.14 Acres

Updated Victorian Multifamily Building

Well-maintained four-unit building with recent updates and convenient location.

1206 Main St, Peekskill, NY 10566
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Yorktown Mixed-Use Investment Opportunity
$1,349,000
0.30 Acres

Yorktown Mixed-Use Investment Opportunity

Prime mixed-use property with income potential in Yorktown business district.

1952 Commerce Street, Yorktown Heights, NY 10598
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Yorktown Heights Investment Opportunity
$1,349,000
2,400 SF

Yorktown Heights Investment Opportunity

Three-unit property with expansion potential in Yorktown Business District.

1952 Commerce St, Yorktown Heights, NY 10598
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land with Lake Rights
Contact for pricing
0.55 Acres

Land with Lake Rights

Half acre lot with lake rights in Mohegan Lake.

Sagamore Avenue, Mohegan Lake, NY 10547
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43 Acres Development Opportunity
$500,000
43.55 Acres

43 Acres Development Opportunity

Prime land parcel in Yorktown, commuter-friendly access to NYC.

2950 Stony Street, Mohegan Lake, NY 10547
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28.82 Acres Vacant Land
$1,299,000

28.82 Acres Vacant Land

28.82 acres of vacant land for sale.

00 Lexington Ave, Lake Mohegan, NY 10567
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28.82 Acres Vacant Land
$1,299,000

28.82 Acres Vacant Land

Vacant land for sale in Cortland Manor-Mohegan Lake, NY.

00 Lexington Avenue, Mohegan Lake, NY 10567
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Lake Mohegan, NY Residential Income Properties Investment Opportunities Market Analysis

Explore 1 residential income properties for sale in Lake Mohegan, NY on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,368,500.

Sale prices for residential income properties in Lake Mohegan, NY start at $118,500, averaging $2,184,250, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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