638-640 Halstead Ave - Apartments FOR SALE


Mamaroneck, NY 10543- Larchmont/Mamaroneck
$2,595,000 USD
914-924-1121
638-640 Halstead Ave, Mamaroneck, NY for Sale
$2,595,000 USD
Apartments - FOR SALE
1/24
null | 6.79% Cap Rate

638-640 Halstead Ave
Mamaroneck, NY 10543
Larchmont/Mamaroneck


OVERVIEW

A rare opportunity to own a five-unit multifamily property in the Rye Neck School District of Mamaroneck. Set on .24 acres in a C-1 zone, the property offers flexibility with a large parking lot and a spacious backyard that can be used or enhanced over time. Each unit includes a full kitchen, dining area, living room, two bedrooms, a full bath, and a bonus office or den. Three of the units have been updated with modern kitchens and baths with clean finishes. The building also offers basement storage and on-site laundry. With multiple units already in place, the property provides steady rental income and long-term potential. It works well for an investor or for a buyer looking to live in one unit while generating income from the others. Mamaroneck offers a balance of coastal living and everyday convenience, with sumptuous dining, local shops, and an easy 37-minute commute to Grand Central via Metro-North. Harbor Island Park and the Long Island Sound add to the appeal, while Rye Neck Schools are known for strong academics and a close-knit community, helping support long-term demand. Opportunities like this are hard to find in this location.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

5

PRICE/UNIT

$519,000

CAP RATE

6.79%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,585 SF

ZONING

05

APN/PARCEL ID

4803-154-000-00034-002-0026-0000000

ASK ABOUT THIS PROPERTY

Adriane DefeoCompassMore Info
914-924-1121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Adriane DefeoCompassMore Info
914-924-1121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.