115 N Barry Ave, Mamaroneck, NY

Name: 115 N Barry Ave, For Sale in Mamaroneck - Zoocasa
Brand: Silversons Realty, LLC
SKU: 1034590
Price: 1275000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,275,000

000

MLS® 1034590

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $17,731

Days Active 9

Lot Size 0.12 Acres

Approx. Age 1920

MLS® Number 1034590

Property Address: 115 N Barry Ave, Mamaroneck, NY, 10543-2825

Average square foot calculated using Size range provided by listing agent.

Description

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 Insurance $18, 000 Cap Rate: 6.4% Total Monthly rent $12, 705.68 115 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.

MLS® Number1034590

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1920

BasementUnfinished, Walk-Out Access

DrivewayNone

Garage Spaces

HeatNatural Gas

A/CNone

Extras

Map

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