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Mohegan Lake, NY Residential Income Properties for Sale

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Lakefront Multifamily Investment Opportunity
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Lakefront Multifamily Investment Opportunity

1860 E Main St, Lake Mohegan, NY 10547

17-unit multifamily on 4.36 acres with expansion potential.

  • Significant development potential: R‑3 zoning allows for the addition of 30 units, potentially generating $378,000 in incremental NOI.
  • Strong in‑place cash flow: Current NOI of $216,064 supports acquisition financing.
  • Rare 4.36‑acre lakefront location in Westchester County.
  • Substantial excess land: Provides ample space for expansion and development.
  • Flexible execution: Opportunity to hold for cash flow, pursue phased development, or complete a full build‑out.
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Lakefront Multifamily Investment Opportunity
$4,250,000

Lakefront Multifamily Investment Opportunity

1860 E Main St, 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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Mohegan Lake Multifamily Opportunity
$98,000

Mohegan Lake Multifamily Opportunity

Multifamily property in Mohegan Lake, NY for sale.

3155 Lexington Ave, Mohegan Lake, NY 10567
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Lake Mohegan Apartment Building
$118,500

Lake Mohegan Apartment Building

Apartment building located in Lake Mohegan, NY.

3300 Baker St, Lake Mohegan, NY 10547
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Mohegan Lake, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Residential Income Property For Sale
$170,000

Residential Income Property For Sale

Residential income property available for purchase.

1840 Crompond Rd, Peekskill, NY 10566
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Mixed-Use Investment Opportunity
$1,586,000

Mixed-Use Investment Opportunity

Residential and commercial properties with income potential near Osceola Lake.

3764 Wood St, Jefferson Valley, NY 10535
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Mixed-Use Investment Near Osceola Lake
$1,586,000

Mixed-Use Investment Near Osceola Lake

Residential and commercial properties with income potential near Osceola Lake.

3764 Wood St, Jefferson Valley, NY 10535
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Peekskill Quadruplex: Investment Opportunity
$1,150,000
3,091 SF

Peekskill Quadruplex: Investment Opportunity

Well-maintained Peekskill quadruplex with subdivision potential and strong income upside.

931 N Division St, Peekskill, NY 10566
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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.

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 St, Mohegan Lake, NY 10547
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Mohegan Lake, NY Residential Income Properties Investment Opportunities Market Analysis

Explore 4 residential income properties for sale in Mohegan Lake, NY, showcased through 4 active listings 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 $5,296,500.

Sale prices for residential income properties in Mohegan Lake, NY start at $98,000, averaging $882,750, 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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