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Over 10,000 SF Warehouse 331 Waverly Ave 10,125 SF Industrial Building Mamaroneck, NY 10543 $1,825,000 ($180.25/SF)



INVESTMENT HIGHLIGHTS
- Ceiling heights range from 12” to 16” throughout
- Just a few steps away from Metro North
- Two overhead drive-in doors with a possible third
- Gas Fuel
EXECUTIVE SUMMARY
EXCEPTIONAL WAREHOUSE & INDUSTRIAL OPPORTUNITY
An exceptional opportunity to own a 10,125± SF versatile commercial property in the heart of Mamaroneck’s thriving industrial corridor. Featuring 12–16 ft. ceiling heights, two overhead drive-in doors (with potential for a third), and flexible M-1 Manufacturing District zoning, this property is ideally suited for a variety of industrial, commercial, and mixed-use applications.
The building’s prime location—steps from Metro-North and minutes from I-95 & I-287—offers unmatched accessibility for both workforce and logistics. With strong market fundamentals, including historically low industrial vacancy rates in Westchester County, this property represents a rare owner-user or investment opportunity with long-term upside.
* Size: 10,125 SF with 12–16 ft. ceiling heights
* Lot Size: 0.20 Acres
* Zoning: M-1 Manufacturing District
* Drive-In Doors: Two existing (potential for a 3rd)
* Power: 400–800A / Heavy
* Utilities: Gas fuel, public water & sewer, lighting, heating
* Warehouse Features: Floor drains for industrial use
* Accessibility: Excellent highway, rail, and airport connections
* Development Potential: Conceptual plan for 5,000± SF parking lot
* 2025 Taxes:$21,918
* Owner-User Opportunity: Immediate occupancy potential
Location & Accessibility
* Steps from Metro-North (Mamaroneck Station – 0.5 mi)
* 5 minutes to Larchmont Station
* 21 minutes to Westchester County Airport
* 33 minutes to LaGuardia Airport
* 40 minutes to JFK International Airport
* Traffic count: ±12,600 vehicles/day
Zoning & Use Flexibility
Situated in theM-1 Manufacturing District, this site allows for: Manufacturing, warehousing, and wholesaling. Limited retail and restaurant uses (within 150 ft. of Fenimore Road. Business and professional offices. Printing, publishing, and research laboratories. Municipal and public service uses. The district is designed for light industrial operations with minimal noise or environmental impact, offering both flexibility and compatibility with surrounding areas.
Development Potential
A conceptual mock-up illustrates the ability to create an additional 5,000± SF parking lot, enhancing operational capacity and appeal to a broader range of users.
Market Context
Westchester County’s industrial sector is experiencing record-low vacancy(approx. 6% in Q4 2023) driven by e-commerce growth and logistics demand. Limited availability of quality industrial space in Mamaroneck makes this property a rare find, while the site’s strategic location within “The Flats” industrial area positions it for long-term stability and potential appreciation.
An exceptional opportunity to own a 10,125± SF versatile commercial property in the heart of Mamaroneck’s thriving industrial corridor. Featuring 12–16 ft. ceiling heights, two overhead drive-in doors (with potential for a third), and flexible M-1 Manufacturing District zoning, this property is ideally suited for a variety of industrial, commercial, and mixed-use applications.
The building’s prime location—steps from Metro-North and minutes from I-95 & I-287—offers unmatched accessibility for both workforce and logistics. With strong market fundamentals, including historically low industrial vacancy rates in Westchester County, this property represents a rare owner-user or investment opportunity with long-term upside.
* Size: 10,125 SF with 12–16 ft. ceiling heights
* Lot Size: 0.20 Acres
* Zoning: M-1 Manufacturing District
* Drive-In Doors: Two existing (potential for a 3rd)
* Power: 400–800A / Heavy
* Utilities: Gas fuel, public water & sewer, lighting, heating
* Warehouse Features: Floor drains for industrial use
* Accessibility: Excellent highway, rail, and airport connections
* Development Potential: Conceptual plan for 5,000± SF parking lot
* 2025 Taxes:$21,918
* Owner-User Opportunity: Immediate occupancy potential
Location & Accessibility
* Steps from Metro-North (Mamaroneck Station – 0.5 mi)
* 5 minutes to Larchmont Station
* 21 minutes to Westchester County Airport
* 33 minutes to LaGuardia Airport
* 40 minutes to JFK International Airport
* Traffic count: ±12,600 vehicles/day
Zoning & Use Flexibility
Situated in theM-1 Manufacturing District, this site allows for: Manufacturing, warehousing, and wholesaling. Limited retail and restaurant uses (within 150 ft. of Fenimore Road. Business and professional offices. Printing, publishing, and research laboratories. Municipal and public service uses. The district is designed for light industrial operations with minimal noise or environmental impact, offering both flexibility and compatibility with surrounding areas.
Development Potential
A conceptual mock-up illustrates the ability to create an additional 5,000± SF parking lot, enhancing operational capacity and appeal to a broader range of users.
Market Context
Westchester County’s industrial sector is experiencing record-low vacancy(approx. 6% in Q4 2023) driven by e-commerce growth and logistics demand. Limited availability of quality industrial space in Mamaroneck makes this property a rare find, while the site’s strategic location within “The Flats” industrial area positions it for long-term stability and potential appreciation.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Floor Drains
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 3203-008-000-00024-000-0150 | Improvements Assessment | $700,000 (2024) |
| Land Assessment | $260,000 (2024) | Total Assessment | $960,000 (2024) |
PROPERTY TAXES
Parcel Number
3203-008-000-00024-000-0150
Land Assessment
$260,000 (2024)
Improvements Assessment
$700,000 (2024)
Total Assessment
$960,000 (2024)
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Over 10,000 SF Warehouse | 331 Waverly Ave
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