Mohegan Lake, NY
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    Mohegan Lake, NY Residential Income Properties for Sale

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    Multi-Use Property with New Restaurant
    $1,950,000

    Multi-Use Property with New Restaurant

    3432 Lexington Avenue, Mohegan Lake, NY 10547

    Versatile property featuring a new restaurant and residential income units.

    • Brand new, fully installed restaurant space ready for immediate operation or customization.
    • Strong rental income from three residential units.
    • All residential units have separate electric meters.
    • Tenants are on month‑to‑month leases, providing flexibility.
    • Versatile multi‑use building suitable for investors or owner‑operators.
    Updated: Apr 14
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Mohegan Lake, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Putnam Valley Mixed-Use Investment
    $699,000
    3,377 SF

    Putnam Valley Mixed-Use Investment

    Mixed-use property with commercial restaurant and two residential units.

    1 Oscawana Lake Rd, Putnam Valley, NY 10579
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    Peekskill Three-Family Corner Lot
    $779,000

    Peekskill Three-Family Corner Lot

    Legal three-family property in Peekskill, ideal for investors/owner-occupants.

    1619 Lincoln Ter, Peekskill, NY 10566
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    Putnam Valley Mixed-Use Investment Property
    $699,000
    1,548 SF

    Putnam Valley Mixed-Use Investment Property

    Mixed-use property with commercial restaurant and two residential units.

    1 Oscawana Lake Road, Putnam Valley, NY 10579
    View details
    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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    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
    $39,950
    0.55 Acres

    Land with Lake Rights

    Half-acre lot with lake rights in Mohegan Lake, NY.

    Sagamore Avenue, Mohegan Lake, NY 10547
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    28.82 Acres Vacant Land
    $1,299,000
    28.82 Acres

    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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    28.82 Acres Vacant Land
    $1,299,000
    28.82 Acres

    28.82 Acres Vacant Land

    28.82 acres of vacant land for sale.

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

    Explore 2 residential income properties for sale in Mohegan Lake, 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 $6,200,000.

    Sale prices for residential income properties in Mohegan Lake, NY start at $1,950,000, averaging $3,100,000, 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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    Leading Commercial Asset Segments

    Multifamily properties 5
    Apartment buildings 4

    Mohegan Lake Demographics Overview

    Population 7,361
    Population Growth (5Y) -4.9%
    Median Household Income $155,295
    College Educated 74.1%

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