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360 Mount Pleasant Ave 5,620 SF 100% Leased Retail Building Mamaroneck, NY 10543 $1,600,000 ($284.70/SF) 6.97% Cap Rate
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.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$134,400
|
$23.91
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$134,400
|
$23.91
|
| Taxes |
$18,017
|
$3.21
|
| Operating Expenses |
$4,900
|
$0.87
|
| Total Expenses |
$22,917
|
$4.08
|
| Net Operating Income |
$111,483
|
$19.84
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $134,400 |
| Annual Per SF | $23.91 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $134,400 |
| Annual Per SF | $23.91 |
| Taxes | |
|---|---|
| Annual | $18,017 |
| Annual Per SF | $3.21 |
| Operating Expenses | |
|---|---|
| Annual | $4,900 |
| Annual Per SF | $0.87 |
| Total Expenses | |
|---|---|
| Annual | $22,917 |
| Annual Per SF | $4.08 |
| Net Operating Income | |
|---|---|
| Annual | $111,483 |
| Annual Per SF | $19.84 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,620 SF
Building Class
C
Year Built
1920
Price
$1,600,000
Price Per SF
$284.70
Cap Rate
6.97%
NOI
$111,483
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Lot Size
0.14 AC
Zoning
C2 - Commercial
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Cook & Bake Center
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Cook & Bake Center | Accommodation and Food Services | - | - | - |
Walk Score®
Walker's Paradise (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3203-009-000-00002-000-0250 | Total Assessment | $790,000 (2024) |
| Land Assessment | $440,000 (2024) | Annual Taxes | $18,017 ($3.21/SF) |
| Improvements Assessment | $350,000 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
3203-009-000-00002-000-0250
Land Assessment
$440,000 (2024)
Improvements Assessment
$350,000 (2024)
Total Assessment
$790,000 (2024)
Annual Taxes
$18,017 ($3.21/SF)
Tax Year
2025
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