132 W Boston Post Road W, Mamaroneck, NY 10543
sale
$1,700,000
|
Other
Courtesy Of Spadaro Real Estate
DOWNTOWN MAMARONECK MIXED-USE INVESTMENT OPPORTUNITY! An attractive opportunity for investors seeking an income-producing property with significant residential rental upside in Westchester County's desirable Sound Shore market. This three-story mixed-use building combines approximately 2,000 SF of retail space occupied by a long-standing tenant for over 20 years with FIVE income-producing residential apartments. The residential units, currently rented below projected market rates, present an opportunity to enhance rental income as tenancies transition to month-to-month status during 2027. The residential component consists of four two-room studios and one one-bedroom apartment. The apartments feature updated kitchens and bathrooms, while the common hallway has been freshly painted with new carpeting. The building has benefited from numerous recent improvements and updates, enhancing its overall appeal and investment potential. Front-facing apartments on the second and third floors enjoy views of Long Island Sound. Municipal records indicate approximately 4,875 SF of gross floor area, plus additional basement space. Ideally situated along the West Boston Post Road commercial corridor, just one block from Mamaroneck Avenue Business District and directly across from Harbor Island Park. An appealing combination of established income, residential rental upside and a prime downtown location. Pro Forma NOI: $112,270 | Pro Forma Cap Rate: 6.60% | Current NOI: $82,770
Read More About This Property
Read Less About This Property
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Amenities: Water Front
- Amenities: Security System
- Appliance: Oven
- Appliance: Refrigerator
- Building Units: 6
- Cooling System: Window Unit(s)
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Exterior Type: Stucco
- Floor Covering: Combination
- Floors: 3
- Heating System: Hot Water(Heating)
- Heating System: Natural Gas
- MLSID: 1070899
- Rooms: Basement
- View Type: Water
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,399,000
Other
124 Center Avenue
Mamaroneck, NY 10543
Land: 0.11 Acres
Courtesy Of Spadaro Real Estate
sale
$1,200,000
Other
168 E Boston Post Road
Mamaroneck, NY 10543
Land: 0.03 Acres
Courtesy Of Spadaro Real Estate
lease
$5,800
Retail
615 E Boston Post Road
Mamaroneck, NY 10543
Courtesy Of Metro Property Group, LLC
lease
$2,300
Other
324 Mount Pleasant Avenue
Mamaroneck, NY 10543
Land: 0.13 Acres
Courtesy Of eXp Realty