Rye Neck Properties between $1,000,000 and $1,500,000 for Sale

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Newest Rye Neck Properties between $1,000,000 and $1,500,000 for Sale

$1,275,000

1034590 MLS

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.

115 N Barry Avenue, Mamaroneck

$1,100,000

4 Beds ⋅ 3 Baths ⋅ 1015175 MLS

Beautifully Renovated 1920 Colonial in the Heart of Mamaroneck. Classic charm comes together in this beautiful home. Behind its timeless gray clapboard façade and welcoming covered porch, this 1920 colonial has been reinvented with designer finishes throughout the home: wide-plank floors, crisp white walls with black-trim detailing, and a brand-new kitchen with custom cabinetry, stone countertops, and stainless steel appliances. Two full baths feature beautiful tilework and marble-look finishes, glass showers, and a deep soaking tub, plus an elegant half bath for guests. The four bright bedrooms include a spectacular top-floor retreat with vaulted ceilings and a skylight. The unfinished basement adds laundry and storage, while the detached 2-car garage, private driveway, and level yard complete the package. Minutes from the Mamaroneck Metro-North station (Grand Central in ~30–40 min), close to downtown shops and restaurants, and near Harbor Island Park and beach— all within the highly rated Rye Neck School District. Ready to move in and waiting for you.

423 Hinman Place, Mamaroneck

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.