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  • NEW TO MARKET

115 N Barry Avenue

Mamaroneck, NY 10543

  • $1,275,000
  • 6,000 Sqft
  • 0.12 Acres
  • 1920 Built
  • $213 Price/Sqft

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.

READ MORELESS
Property Highlights
  • SCHOOL DISTRICT : Rye Neck
  • ELEMENTARY : F.E. Bellows
  • STYLE : Mid Rise
  • MUNICIPALITY : Mamaroneck
  • VIEW : City
  • DAYS ON MARKET : 7
  • MLS : 1034590
  • TAXES : $17,731

Additional Information

ADDITIONAL INFORMATION
  • BASEMENT DESCRIPTION: Unfinished, Walk-Out Access
  • DAYS ON MARKET: 7
  • ELEMENTARY SCHOOL: F E Bellows Elementary School
  • ELEMENTARY SCHOOL DISTRICT: Rye Neck
  • HIGH SCHOOL: Rye Neck Senior High School
  • MIDDLE SCHOOL: Rye Neck Middle School
  • ON MARKET DATE: 2026-08-05
  • SEWER: Public Sewer
  • STYLE: Mid Rise
  • TYPE: Commercial Sale
  • UNIT COUNT: 7
  • UTILITIES: Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Water Connected
  • VIEW: City
  • YEAR BUILT: 1920
INTERIOR FEATURES
  • APPLIANCES INCLUDED: Cooktop, Gas Range, Oven, Refrigerator
  • FLOORING: Combination, Laminate
  • HEAT: Natural Gas
EXTERIOR FEATURES
  • CONSTRUCTION MATERIALS: Stone
  • EXTERIOR FEATURES: Accessible Common Area, Accessible Entrance
  • PARKING: No Garage, None
ASSESSED VALUE AND TAXES
  • TAX AMOUNT: $17,731

Listing Courtesy of Michele Silverman Bedell of Silversons Realty, LLC (914.725.9344).

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Location for 115 N Barry Avenue, Mamaroneck, NY

Schools for 115 N Barry Avenue, Mamaroneck, NY

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

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Community

Mamaroneck>

Mamaroneck

Westchester County, New York

Just outside of New York City lies the southern Westchester County village of Mamaroneck. A portion of the small village is located within the Town of Mamaroneck along with Larchmont, and its east side...

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