Listed price in listed location currency (USD).
$1,495,000

006

MLS® 1011135

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $25,900
Days Active 3
Lot Size 0.11 Acres
Approx. Age 1892
MLS® Number 1011135

Property Address: 124 Center Ave, Mamaroneck, NY, 10543-1879

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1011135
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1892
BasementBilco Door(s), Unfinished
DrivewayOff Street, Shared Driveway
Garage Spaces
HeatHot Water, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 21, 2026List Date
$1,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
124 Center Ave, Mamaroneck, NY

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