1860 E Main Street Mohegan Lake, NY ^$ 4,250,000

1860 E Main Street

^$ 4,250,000

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1860 E Main Street

Mohegan Lake, NY, 10547

^$ 4,250,000

Bedrooms-- Baths-- Sq 9,552

Monthly Estimate*

^$ 26,168

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Commercial Property for sale in Mohegan Lake, NY

for $4,250,000. This 9,552 square foot building was built in 1904 on a lot size of 4.36.

17-unit lakefront multifamily situated on 4.36 acres with substantial excess land. R-3 Multifamily zoning supports expansion of 30 additional units (buyer to verify) Strong in-place cash flow with $216,064 NOI supports acquisition financing. As-is value estimated at $2.7M–$3.0M based on current income. Development upside: 30 new units at $1,500/month generate $378,000 incremental NOI. Stabilized NOI of $594,000 supports $7.9M–$8.5M total value at market caps. Flexible execution: hold for cash flow, phased development, or full build-out. Rare combination of income + lakefront development opportunity in Westchester County

Commercial Active

Price

^$ 4,250,000

Property Type

Commercial

Taxes

^$ 44,355

Style

Multi Family

Lot Size

4.36

Year Built

1904

Town/City

Mohegan Lake

County/Region

Westchester

MLS | Web ID

917981

Features

General

Sewer Public Sewer

Heating Oil

Cooling Wall/Window Unit(s)

Utilities Cable Connected Electricity Connected Propane Sewer Connected Trash Collection Public

Construction Materials Vinyl Siding

Year Built 1904

Property Subtype Multi Family

Tax Year 2025

Parcel Number 5400-015-016-00001-000-0024

Waterfront Features Lake Front Lake Privileges

Building Name Ansonia Lodge

County Westchester County

Property Type Commercial Sale

Directions Follow navigator Private Road between Goldblatt & Assoc. and Ms. Dancewear across Dunkin Donuts. Sign by private Road says Ansonia Lodge. https://maps.app.goo.gl/7756RBTkFGNzNpfx5

High School Lakeland High School

City Yorktown

High School District Lakeland

Number Of Units Total 17

Elementary School George Washington Elementary School

Property Attached Y/N N

Tax Annual Amount 44355.09

Showing Instructions Call Kenneth Lefkowitz at 914-420-5550

Middle/Junior High School Lakeland-Copper Beech Middle Sch

Building Area Units Square Feet

Standard Status Active

Middle/Junior School District Lakeland

Elementary School District Lakeland

Year Built Effective 1986

Interior

Basement Full

Basement Features Full

Basement (Y/N) Y

Exterior

Parking Features Unassigned Unassigned

Water Source Public

Building Area Total 9552

Waterfront Y/N Y

Internal Only

Street Number 1 1860

* Excluded Features

List By

Kenneth Lefkowitz

Listing Agent

Houlihan Lawrence Inc.

Broker

914-962-4900

Contact

Affordability Calculator

$29,864

Per Month

Monthly Principal & Interest: $26,168
Monthly Property Taxes: $3,696
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Mohegan Lake, NY

Average List Price ^$2,174,975

Percent of Sale Price 49%

About Mohegan Lake, NY

7,283 Population

2% Since 2002

^$99,283 Median Income

42.58 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4098762 Elementary School

4099589 Middle School

Lakeland High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/29/2025	$4,250,000		Listed Price

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1860 E Main Street, Mohegan Lake, NY, 10547 is a Commercial Property for sale at $4,250,000 with 9,552 sqft and a lot size of 4.36. 1860 E Main Street was built in 1904. The property's zip code is 10547 which is in Mohegan Lake, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use.

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1860 E Main Street

Commercial Property for sale in Mohegan Lake, NY

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