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.

Property Details of 115 N Barry Avenue

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Listed by Silversons Realty,LLC / Michele Silverman Bedell (914-725-9344)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 24, 2026 12:25 AM UTC. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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