$ 1,275,000
-
$1,275,000
Price -
0
Bed -
0
Bath -
0
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing SLVSNS - 9834
7-Unit Multifamily Investment – Rye Neck / Mamaroneck Positioned in the highly sought-after Rye Neck community, P.O. Mamaroneck, this fully stabilized 7-unit apartment building represents a rare opportunity to acquire a turnkey, income-producing asset in one of Westchester County's most desirable residential corridors. With 100% occupancy and a proven rent roll, this offering is ideally suited for long-term, buy-and-hold investors seeking stable, low-maintenance cash flow in a supply-constrained market. Rye Neck is one of the Sound Shore's most established and enduring residential neighborhoods, prized for its top-rated Rye Neck school district, tree-lined streets, and proximity to Long Island Sound. The property benefits from easy access to Metro-North's New Haven Line, offering a direct commute into Manhattan, close proximity to downtown Mamaroneck's shops, restaurants, and waterfront, a stable, surrounding community that supports consistent rental demand, and limited new multifamily supply in the immediate area, reinforcing pricing power and occupancy stability. Tenants pay for their own gas and electricity-each apt is separately metered. Apt. Count: 7 residential units Occupancy: 100% occupied Effective Gross Income. $147,894 Net Operating Income: $81,663 Cap Rate: 6.4% 115 N.Barry with 7 apartments,is large enough to generate meaningful cash flow, yet small enough to self-manage or oversee. Ideal for investors prioritizing durable income and gradual appreciation over an extended holding period, in a market with consistently strong underlying fundamentals.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Cooktop, Gas Range, Oven, Refrigerator
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor: Combination,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Walk-Out Access
- Other:
- Water: Public
Exterior Details
- Lot Description: Historic District,Level,Near Public Transit,Near School,Near Shops,No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others: Actual,Renovated
- Sewer: Public Sewer
Financial Details
- Tax Amount: $13,423
- Taxes w/Assessments: N/A
- Tax/Property ID: 4803-154-000-00043-001-0041-0000000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
115 N Barry Ave Mamaroneck, NY 10543
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
