Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
1,880 SF
Site
0.43 acres
Year built
1926
Zoning
Retail
Stories
4
The offering
157 Larchmont Avenue is prominently situated on Larchmont Avenue between Addison Street and Boston Post Road, within the Village's established retail district. The location has long benefited from retail exposure and foot traffic, with municipal parking serving the surrounding shopping area. The immediate block offers a diverse mix of neighborhood businesses, restaurants, food establishments and specialty retailers, creating activity throughout the day. Nearby businesses include Coriander Modern Indian, La La Taqueria, D'Agostino Clothiers & Tailors, The Golden Shoestring and Jacks Barber Shop reinforcing Larchmont Avenue as an established neighborhood shopping and dining destination. Abundant municipal and street parking. Approx 1000 SF street level + full walk-out basement (approx. 880 SF) from full stairway toward the back of the storefront Former occupant: Apiary - Larchmont Cafe, Caterer, Gourmet Takeaway. Modified Gross lease-TENANT pays all the utilities, HVAC heat/Air Conditioning, sub-meter for water consumption, 30% increase in RE taxes over the base year. Lease term negotiable
Building & site
Interest conveyedFee simple
Gross building area1,880 SF
Building typeRetail
Property typeRetail
Year built1926
Stories4
Land area0.43 acres
Land area, SF18,730 SF
WaterPublic
SewerPublic Sewer
HeatHot Air, Natural Gas, See Remarks
Tax parcel5532016-13-348
Usable area1,880 SF
Electric utilityCon-Edison
Zoning & permitted uses
District
Retail
Permitted uses are governed by the Mamaroneck zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
Assessed value
$3,850,000
Land assessment
$870,000
Full market value
$3,850,000
Owner of record
Spadaro, Richard
School district
Mamaroneck
Property class
481 · Row apt
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.