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360 Mount Pleasant Ave
Mamaroneck, NY 10543

Retail Property For Sale

Investment Highlights

  • Fully occupied single story retail building in Downtown Mamaroneck
  • Out of the flood zone

Executive Summary

Calling all investors! Welcome to 360 Mount Pleasant Ave, a prime commercial retail property in the heart of Mamaroneck, NY. Spanning 5,620 square feet, this single-story building is fully occupied with five tenants. Residential development rights, with a special permit, add a layer of potential for expansion or diversification. Ideally situated directly behind Downtown Mamaroneck's main shopping corridor, and just a short walk to the Metro North train station, this property offers a strategic and versatile investment opportunity in a highly sought-after location. Seller requests pre-approval and/or proof of funds with offers. Sold as-is.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,620 SF
Building Class
C
Year Built
1920
Price
$1,900,000
Price Per SF
$338
Cap Rate
5.79%
NOI
$110,074
Percent Leased
59%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Lot Size
0.14 AC
Zoning
C2 - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3203-009-000-00002-000-0250
Land Assessment
$440,000
Improvements Assessment
$350,000
Total Assessment
$790,000
  • Listing ID: 30409484

  • Date on Market: 12/20/2023

  • Last Updated:

  • Address: 360 Mount Pleasant Ave, Mamaroneck, NY 10543

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