New York Homes for SaleKatonah Office 914-232-5121
MLS#981305
STATUSActive
PROPERTY TYPECommercial -
SCHOOLRye Neck
Property Description
Exceptional investment and development opportunity in the heart of Mamaroneck!Located just one block from Metro North with direct access to NYC, this C-1 zoned property offers tremendous upside for investors, end-users, and developers alike.Set on a 6,475 SF lot with a FAR of 0.88, the property allows for up to approximately 5,698 buildable square feet, with additional potential under transit-oriented development incentives. Ideal for mixed-use redevelopment or expansion.Currently configured as a legal two-family property, featuring: two spacious 3-bedroom units with separate entrances, recently updated interiors with strong rental appeal, separate gas, electric meters and heating systems for each unit, oversized 2-car garage plus additional storage, perfect for immediate income generation while planning future development.Situated within walking distance to Mamaroneck Metro North, Harbor Island Park & Beach, and the vibrant Mamaroneck Avenue corridor filled with restaurants, shops, and entertainment.A rare opportunity combining location, income, and development potential in one of Westchester's most desirable and transit-oriented communities.
Property Features
Property Type: Commercial -
Cooling: None
Days on Market: 2
Heating: Electric, ENERGY STAR Qualified Equipment, Heat Pump
Lot Size: 0.15 Acres
Stories: 2.0
Taxes: $17,787
Year Built: 1920
Feature Descriptions
Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Building Area Total: 2004
Common Walls: No One Above
Exterior: Frame
Fencing: Back Yard
Flooring: Wood
Lot Dimensions: 0
On Market Date: 2026-04-16
Parcel Number: 4803-154-000-00042-001-0037-0000000
Parking Features: Driveway, Garage
Parking Total: 1
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Rye Neck Senior High School
Middle School: Rye Neck Middle School
Elementary School: F E Bellows Elementary School
School District: Rye Neck
Listed By / Shown By
Listing By
Agency Name: Stetson Real Estate
Agency Contact: 914-381-7173
Shown By
Agency Title: Billingsley Realty, Inc.
Agency Phone: 914-232-5121
