Cushman & Wakefield’s Capital Markets Group is pleased to present for sale the East Prospect Lofts site, a fully approved 18-unit luxury residential development project located at 172 East Prospect Avenue in the Village of Mamaroneck, New York for $3,500,000.
The 10,043 SF site, which fronts over 166’ on East Prospect Avenue and is over 35’ deep, is conveniently located steps from Mamaroneck Avenue—a “restaurant row” boasting a wide variety of dining options including casual pizza shops like Sal’s Pizza, fast casual concepts like Smashburger, a cozy French bistro, authentic Chinese and many others. The site is a short 5-minute walk from both Harbor Island Park, the Village’s 44-acre public park, beach and marina, and the Mamaroneck Metro-North Train Station, which provides a 39-minute express ride to New York City via its New Haven line.
All units will be 1-bedroom loft-style with floor-to-ceiling windows, and seven will have a private terrace off their main floor. The main floor of each unit has the kitchen, living space and full bath, and the loft space is envisioned as being the bedroom with a ¾ bath. The ground floor will be comprised of 21 covered parking spaces and there will be a common area terrace on the roof. Construction has begun on the site.
- Fully Approved Site Within Walking Distance to Mamaroneck Avenue
- Luxury Design
- Ideal Local & Regional Access—Convenient to New York City & Suburban Employment Centers
- Appeal of the Surrounding Area
- Development Opportunity Within an In-Fill Location
- Outstanding Demographics