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510-516 W Boston Post Road, Mamaroneck, NY 10543
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$2,450,000
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Home Details for 510-516 W Boston Post Road
Price
$2,450,000
Type
Commercial/Industrial
Year Build
1950
Lot Size
0.14
County
Westchester
Tax
$54,394
MLS®️ Listing#
H6325887
On exitrealty.com
156 days
Property Description
"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 rented until 2029. 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 for 12+ cars as well as street parking is available, enhancing accessibility for tenants and customers alike. Currently fully rented, both buildings generate a rent roll of $297,528 annually, offering investors a strong and stable return on investment with future upside as tenants turn over. All tenants are on multiple year leases with increases each year. This ensures immediate cash flow with even greater potential when vacancies open up. 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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- Utilities
- Natural Gas Available
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Heating Information
- Baseboard
- Forced Air
- Natural Gas
- Cooling Information
- Central Air
- Wall/Window Unit(s)
- Parking
- On Street
- Parking Lot
- Water Features
- Public
Listing Courtesy: Corcoran Baer & McIntosh - 845-358-9440. Presented by: Ryan Paige
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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EXIT REALTY PRIVATE CLIENT
75 South Broadway, Suite 430, White Plains, NY 10601
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$2,450,000
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EXIT REALTY PRIVATE CLIENT
75 South Broadway, Suite 430, White Plains, NY 10601