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
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Stetson Real Estate
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914-381-7173
Last updated May 01, 2026
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Source: OneKey #981218
Listing Facts
TypeMulti-family
NeighborhoodRye Neck
Bedrooms6
Bathrooms3
Days on Prevu16
Taxes$17,787.54/year
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
05/01/2026
Price Decreased
$1,175,000
04/16/2026
Listed by Stetson Real Estate
$1,198,800
Property Details for 423 Halstead Avenue
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1920
Architectural Style: Colonial
Construction Materials: Frame, Stucco
Features
Patio And Porch Features: Covered
Measurements
Building Area Total: 2,004
Building Area Units: Square Feet
Lot Features: Back Yard, Near Public Transit, Near Shops
How many bedrooms and bathrooms does this multi-family home have?
There are 6 bedrooms and 3 bathrooms in this multi-family home at 423 Halstead Avenue.
What schools are nearby to 423 Halstead Avenue?
Nearby schools include the F E Bellows Elementary School, Rye Neck Middle School, and Rye Neck Senior High School.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 423 Halstead Avenue.
What are the annual taxes for 423 Halstead Avenue?
Annual taxes for this multi-family home are estimated at $17,787.
How does 423 Halstead Avenue compare to other multi-family homes in Rye Neck?
This multi-family home is listed 22% above the average price for multi-family homes in Rye Neck and has been on the market for 39 less days than the typical home in this area.
423 Halstead Avenue is a 6-bedroom, 3-bath multi-family home for sale in Mamaroneck NY 10543. Available on Prevu for 16 days at $1,175,000. This includes a recent price decrease of $23,800. This residence is located in Rye Neck. The median listing price for multi-family homes in this area is $737,000. Nearby schools include F E Bellows Elementary School, Rye Neck Middle School, and Rye Neck Senior High School. Property amenities include private outdoor space and parking. View other multi-family home listings in Mamaroneck.
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