423 Halstead Avenue, Rye Town, NY, 10543
$1,175,000
$1,198,800
activeBedrooms
6
Bathrooms
3
Lot Size
6,475 sqft
Year Built
1920
Garage
1 car
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Exceptional investment and development opportunity in the heart of Mamaroneck! Located just one block from Metro North with direct access to NYC, this C-1 zoned property offers tremendous upside for investors, end-users, and developers alike. Set on a 6,475 SF lot with a FAR of 0.88, the property allows for up to approximately 5,698 buildable square feet, with additional potential under transit-oriented development incentives. Ideal for mixed-use redevelopment or expansion. Currently configured as a legal two-family property, featuring: two spacious 3-bedroom units with separate entrances, recently updated interiors with strong rental appeal, separate gas, electric meters and heating systems for each unit, oversized 2-car garage plus additional storage, perfect for immediate income generation while planning future development. Situated within walking distance to Mamaroneck Metro North, Harbor Island Park & Beach, and the vibrant Mamaroneck Avenue corridor filled with restaurants, shops, and entertainment. A rare opportunity combining location, income, and development potential in one of Westchester’s most desirable and transit-oriented communities.
Listed by Mary Stetson, Stetson Real Estate
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of May 3, 2026, 7:10 PM UTC (date and time MLS GRID Data was obtained). 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.
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