115 N Barry Avenue, Mamaroneck, NY 10543

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Property Description

7-Unit Multifamily Investment - Rye Neck / MamaroneckPositioned 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 unitsOccupancy: 100% occupiedEffective Gross Income. $147,894Net Operating Income: $81,663Cap 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.

115 N Barry Avenue | MLS# 1034590

This commercial property located at 115 N Barry Avenue, Mamaroneck, NY 10543 is currently listed for sale with an asking price of $1,275,000. N Barry Avenue is located within the Rye Neck school district. Search Mamaroneck real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial -
Basement: Yes
Basement: Unfinished, Walk-Out Access
Cooling: None
Heating: Natural Gas
Home Style: Mid Rise
Lot Size: 0.12 Acres
Stories: 2.0
Taxes: $13,422
Year Built: 1920

Feature Descriptions

Accessibility: Accessible Common Area, Accessible Entrance
Appliances: Cooktop, Gas Range, Oven, Refrigerator
Building Area Total: 6000
Building Features: Walk Up
Exterior: Stone
Fencing: Chain Link
Flooring: Combination, Laminate
House Faces: South
Included In Taxes: Sewer, Trash
Lot Features: Historic District, Level, Near Public Transit, Near School, Near Shops
On Market Date: 2026-08-05
Parcel Number: 4803-154-000-00043-001-0041-0000000
Parking Features: None
Parking Total: 0
Rental Term: Monthly
Security Features: Security Lights
Separate Electric Meters: 7
Separate Gas Meters: 7
Sewer: Public Sewer
Special View Info: City
Tenant Pays: Electricity
Units: 7
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, 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

Demographics

Listed By / Shown By

Listing By

Agency Name: Silversons Realty, LLC
Agency Contact: 914-725-9344

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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