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124 Palmer Ave
Mamaroneck, NY 10543
Retail Property For Sale


Investment Highlights
- Strong Retail Operators & Attractive Office Tenancy
- Private On-Site Parking & Adjacent Municipal Parking
- Highly Sought-After Westchester Sound Town
- 130' of Frontage on Palmer Avenue
- Close Proximity to Route 1/Boston Post Road & I-95
Executive Summary
Houlihan Lawrence Commercial is pleased to present a 29,388 SF mixed-use retail and office property located on Palmer Avenue in Mamaroneck, NY. The property is 100% occupied by a strong mix of retail and professional tenants, with the ground floor leased to established operators and the second floor occupied by a diverse group of users
including medical, legal, financial, and service-oriented professionals. The asset also features approximately 130' of frontage along Palmer Avenue and is supported by private on-site parking in the front and adjacent municipal parking in the rear.
Strategically positioned just off Mamaroneck Avenue, the property benefits from excellent visibility and accessibility, with close proximity to Route 1/Boston Post Road and I-95. Located within one of Westchester County’s most vibrant downtowns, the property is surrounded by a strong mix of national and local businesses, offering investors a rare opportunity to acquire a stabilized, cash-flowing asset in a highly sought-after market.
including medical, legal, financial, and service-oriented professionals. The asset also features approximately 130' of frontage along Palmer Avenue and is supported by private on-site parking in the front and adjacent municipal parking in the rear.
Strategically positioned just off Mamaroneck Avenue, the property benefits from excellent visibility and accessibility, with close proximity to Route 1/Boston Post Road and I-95. Located within one of Westchester County’s most vibrant downtowns, the property is surrounded by a strong mix of national and local businesses, offering investors a rare opportunity to acquire a stabilized, cash-flowing asset in a highly sought-after market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
29,388 SF
Building Class
C
Year Built
1928
Price
$10,141,034 CAD
Price Per SF
$345.07 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.16
Lot Size
0.58 AC
Zoning
C2 - Central Commercial District
Parking
12 Spaces (0.41 Spaces per 1,000 SF Leased)
Frontage
130’ on Palmer Ave
Amenities
- Bus Line
Property Taxes
| Parcel Number | 3203-009-000-00007-000-0386 | Improvements Assessment | $4,330,495 CAD |
| Land Assessment | $1,507,451 CAD | Total Assessment | $5,837,946 CAD |
Property Taxes
Parcel Number
3203-009-000-00007-000-0386
Land Assessment
$1,507,451 CAD
Improvements Assessment
$4,330,495 CAD
Total Assessment
$5,837,946 CAD
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