422 Boston Post RdMamaroneck, NY 10543

For Sale
$13,000,000

13 Units, Waterfront Views, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 13-unit luxury apartment building in Mamaroneck, NY, offers a compelling investment opportunity. Built in 2017, the Class A property boasts 19,054 square feet on a 0.55-acre lot and features a mix of unit sizes, including studios, two-bedroom, and three-bedroom units, some with dens. High-end finishes, spacious layouts, and private balconies (two in penthouse units) are standard. Amenities include covered parking (11 spaces), electric car charging stations, indoor bike storage, a pet washing station, a fitness center with a Peloton bike, an outdoor grilling station, and a rooftop terrace with stunning Long Island Sound views. The building enjoys 100% occupancy, demonstrating strong rental demand and consistent rent growth. Its prime location in the Rye Neck School District offers easy access to Mamaroneck Avenue's diverse dining and shopping options, Harbor Island Park, and the Mamaroneck Metro-North Train Station (39-minute express ride to Grand Central Terminal). Proximity to I-95 (Exits 18A & B) further enhances its appeal. The property is zoned C-1 and comprises one four-story building. This is a rare chance to acquire a high-performing, luxury multifamily asset in a desirable waterfront location. The asking price is $13,000,000.

Highlights

  • 13-unit luxury apartment building in Mamaroneck, NY with 100% occupancy, generating stable income.
  • Class A property built in 2017, featuring high-end finishes, spacious layouts, private balconies (penthouse units have two), and a mix of studio, two-bedroom, and three-bedroom units, some with dens. Amenities include covered parking, electric car charging stations, indoor bike storage, pet washing station, fitness center, grilling station, and rooftop terrace with Long Island Sound views.
  • Desirable location in the Rye Neck School District, near Mamaroneck Avenue's shops and restaurants, Harbor Island Park, and the Mamaroneck Metro-North Train Station (39-minute express to Grand Central Terminal). Easy access to I-95.
  • Excellent connectivity via Metro-North and I-95.
  • Strong demographics in the Rye Neck School District.

Property Details for 422 Boston Post Rd

Property type
Multifamily properties, Apartment buildings
Square Feet
19,054 SF
Class
A
Year Built
2017
Buildings
1
Stories
4
Lot Size (sq. ft)
23,958 SF
Units
13

Location Insight

City
Mamaroneck
County
Westchester
State
New York
Latitude
40.9507104
Longitude
-73.7302711
422 Boston Post Rd, Mamaroneck, New York

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422 Boston Post Rd
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