For Sale: Prime Commercial Property in Mamaroneck - Building Only is for Sale
Location: Directly across from Mamaroneck Train Station, in the heart of Mamaroneck
Size: 2,600 sqft fully built-out restaurant space with a spacious kitchen
Features: High-traffic location ideal for businesses, Street parking for convenience, Private dining room for private functions
Zoned: C-2 Central Commercial, allowing for a variety of uses
Development Potential: The property has the potential to build up to two additional stories, perfect for adding residential apartments
This is an exceptional opportunity to own a well-located property with the flexibility to generate income both as a restaurant or through further development. DO NOT SPEAK TO ANYONE AT RESTAURANT ABOUT BUILDING BEING FOR SALE. 6% CAP escalation. Annual rental income is $86,472.
Contact us for more details and to schedule a tour.
Buyer Broker Compensation is for display purposes only and must be confirmed in writing directly from Listing Broker
213 Halstead Avenue, Mamaroneck, NY, 10543
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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