115 N Barry Avenue, Mamaroneck, NY 10543

• 6,000 sqft

Property 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.

Listing Status:

Active

Data Last Updated:

August 10, 2026 at 10:23PM

Listing Office:

Silversons Realty, LLC : 914-725-9344

MLS ID:

1034590

Interior

• Appliances: CooktopGas RangeOvenRefrigerator
• Basement: UnfinishedWalk-Out Access
• Flooring: CombinationLaminate
• A/C: None
• Heating: Natural Gas

Exterior

• Style: Mid Rise
• Parking: Parking spaces: 0

Location

• Road/Access: Municipal
• Originating MLS: onekey2
• School District: Rye Neck
• County: Westchester County

Lot

• Zoning: 054803-154-000-00043-001-0041-0000000
• View: City
• Fencing: Chain Link

Utilities

• Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSee RemarksSewer ConnectedTrash Collection PublicWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2