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510-516 W Boston Post Road
Mamaroneck NY 10543 US

$2,600,000

Active Listing ID H6325888
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Lot: 0.34 Acres
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Retail

$2,600,000

Active Listing ID H6325888
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510-516 W Boston Post Road "HARBOR VIEW COMMERCIAL SPACE" - Presenting a rare investment opportunity in the heart of Mamaroneck’s vibrant Sound Shore community. This premium retail property consists of two buildings, totaling 8, 342 sq. ft. with five rentable units, offering incredible water views of Mamaroneck Harbor and excellent roadside exposure on the highly trafficked Boston Post Road. Strategically located across from the scenic Mamaroneck Harbor and Park, this property sits at the crossroads of a high-income, high-density demographic. The anchor unit is currently vacant, providing a unique opportunity to increase your rental portfolio’s upside potential. Both buildings offer prime visibility, making them attractive to tenants looking to capitalize on the constant flow of foot and vehicle traffic along Boston Post Road. Additional on-site parking as well as street parking is available, enhancing accessibility for tenants and customers alike. Fully rented, both buildings can generate a rent roll exceeding $305, 000 annually, offering investors a strong and stable return on investment. This ensures immediate cash flow with even greater potential when the vacant anchor space is leased. In addition to its current use, the site also presents a potential development opportunity for residential builders. New owners may have the chance to develop an incredible water-view condominium complex or rental building, offering residents stunning harbor vistas and easy access to Mamaroneck’s vibrant waterfront. With the area’s growing demand for luxury residential spaces, this property is perfectly positioned for future development. This is an exceptional opportunity to secure a stable, multi-tenant property in one of Westchester County’s most sought-after areas, with the added potential for residential development. Don’t miss the chance to invest in this thriving commercial hub with unbeatable location, visibility, and long-term growth prospects. Please contact agents for more detailed financial and rent roll information.

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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Level
  • Heating Fuels: Baseboard, Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 2600000
  • unparsedaddress: 510-516 W Boston Post Road
  • postalcity: Mamaroneck
  • stateorprovince: NY
  • country: US
  • postalcode: 10543
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.34
  • lotsizeunits: Acres
  • lotsizearea: 0.34
  • livingarea: 8342
  • livingareaunits: Square Feet
  • listagentfullname: Ryan Paige
  • listagentemail: ryan@baerhomes.com
  • listagentkey: 3yd-MLSLINY-45229
  • listagentmlsid: 45229
  • listagentpreferredphone: 8458254778
  • listagentofficephone: 8453589440
  • listofficekey: 3yd-MLSLINY-BRMC01
  • listagentstatelicense: 10401301918
  • listofficemlsid: BRMC01
  • disclaimer: Copyright © 2024 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.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1930
  • listingcontractdate: 2024-09-11
  • listagenturl: http://baerhomes.com
  • countyorparish: Westchester County
  • parcelnumber: 3203-009-000-00015-000-0022
  • elementaryschooldistrict: Mamaroneck
  • middleorjuniorschooldistrict: Mamaroneck
  • highschooldistrict: Mamaroneck
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Frame
  • heating: Baseboard, Forced Air
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street, Parking Lot
  • waterfrontyn: False
  • exteriorfeatures: Level
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"William Raveis Baer & McIntosh Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ryan@baerhomes.com", "ListBrokerageCity":"Congers", "ListBrokerageCountry":"US", "ListBrokerageEmail":"linda@baerhomes.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"William Raveis Baer & McIntosh Real Estate", "ListBrokeragePhone":"(845) 358-9440", "ListBrokeragePostalCode":"10960", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"97 S. Broadway", "ListBrokerageWebsiteUrl":"http://baerhomes.com", "ListOfficeAddress1":"97 S Broadway", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"35562", "ListOfficeCity":"Nyack", "ListOfficeCountry":"US", "ListOfficeEmail":"debbie@baerhomes.com", "ListOfficePostalCode":"10960", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - Mamaroneck, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/H6325888/?channel=rexren", "MLSModificationTimestamp":"2024-11-16T14:37:43Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":54394, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/5/2024 7:21:06 AM GMT
Source Updated Date: 12/26/2024 6:52:58 AM GMT

Courtesy of: Ryan Paige, Corcoran Baer & McIntosh, ryan@baerhomes.com

Copyright © 2024 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.