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Rare FIVE-FAMILY family investment opportunity consisting of two separate buildings with off-street tenant parking and substantial income-growth potential. The 2,052-square-foot front building offers three units: a spacious four-bedroom duplex with 1.5 baths and two additional two-bedroom apartments. The 1,612-square-foot rear building contains two three-bedroom apartments. Current rents are well below market (annual income approx. $135K,) and there are presently no written leases in place, offering flexibility for future rent adjustments, subject to applicable laws and regulations. PROJECTED annual income is approximately $220,000 based on anticipated market rents. Each building is served by one gas boiler, with heat paid by the owner. Every apartment has a separate electric hot-water heater, with electricity paid by the tenant. An excellent value-add opportunity for investors seeking strong cash-flow potential in a desirable Mamaroneck location.
Property Type(s):
Commercial
| Last Updated | 7/21/2026 | Year Built | 1892 |
|---|---|---|---|
| County | Westchester |
SCHOOLS
| Elementary School | Mamaroneck Avenue |
|---|---|
| Jr. High School | Hommocks School |
| High School | Mamaroneck High School |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | Unfinished |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Hot Water, Natural Gas |
| LOT | 4792 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| PARKING | Off Street, Shared Driveway |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Flats |
| TAXES | 25900 |
| UTILITIES | See Remarks |
| WATER | Public |
Location
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Listed with Spadaro Real Estate, Ltd.
Copyright 2026 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Suburban Realty are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information deemed reliable but not guaranteed.
Date Last Updated: 7/22/26 5:48 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
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