Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 112 Maple Avenue in Rye. The 3 unit multifamily building is located on the west side of Maple Avenue between North Street West and High Street. The property sits in the B-1 (Neighborhood Business) zoning district with permitted uses also including single-family house, 2-family house, and apartment houses. The approx. 10,100 sf site has approximately 87’ of frontage on Maple Avenue and is approx. 120’ deep. The approximately 2,736 square foot building has one 3-bedroom unit and two 2-bedroom units. All units are free market. The first floor 3-bedroom unit was owner occupied and will be delivered vacant. The two 2-bedrooms are rented on a month to month basis at below market rates. All units are separately metered for electric service. The building is heated by oil and has an aboveground tank. There is a standalone single-story garage in the rear of the lot which is approximately 1,369 square feet. It is currently rented on a month to month basis. There is a parking lot in the rear of the building which is utilized by the garage tenant and an additional 2-3 cars can be parked directly off of the street. The property is less than a mile from I-95 and 1.2 miles from the Rye Metro-North Train Station. With a steady income stream and potential upside, this building is ideal for an investor seeking a value add multifamily investment opportunity or a developer looking for a single family or small multifamily development opportunity in a neighborhood experiencing recent investment and redevelopment.