19 Old Mamaroneck Rd Unit 3A · White Plains, NY 10605

$260,000

2 bd · 1.0 ba · 1,000 sqft · Condo · 84 Days on market

Built 1953

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• ARV discount +7.8/15.0
• Schools +4.7/10.0
• Rent growth +4.1/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 19 Old Mamaroneck Road and this PET FRIENDLY charming building in downtown white plains! Freshly painted and filled with natural light this lovely newly updated 2-bedroom, 1-bath Co-op unit is ready to welcome you home. A lovely entry with a coat closet welcomes you into an open floor plan. This apartment features a generous living room, dining area, and galley style kitchen, perfect for everyday living and entertaining. 2 bedrooms, with a generous size primary and tons of closet space, while the versatile second bedroom offers endless possibilities as a guest room or home office. A perfect blend of style and practicality, this home is designed to fit your lifestyle effortlessly! Prime location with unbeatable convenience! Enjoy easy access to downtown White Plains, where a vibrant array of restaurants, shopping, and entertainment awaits. Plus, you're just minutes from parks, schools, and bus routes, making everyday errands and commuting a breeze. Everything you need right at your doorstep! This is an elevator building with parking available. Additional storage space in the basement is perfect for keeping seasonal items neat, organized and out of the way. A single parking space is $75, and a double space is $140, though there is currently a waiting list , street parking is available, as well as around the corner there is a municipal lot at Shapham Place for $192.00 per quarter or about $700 for the year for additional convenience and is 24HR parking. Mamaroneck municipal parking lot which is located right next to Shapham as well. SELLER WILL PAY UP TO ONE YEAR FOR THE MUNICIPAL PARKING FOR THE NEW OWNER AT CLOSING!

Key facts

• Garage
• Built 1953
• Listed 83 days

🏢 Co-op / cooperative unit. The $260,000 price buys shares in the cooperative corporation, not the real estate itself — so it isn't comparable to a fee-simple sale price, and the cashflow / cap-rate / 1%-rule cards below (which assume you own the property and can rent it out) don't apply here. Expect board approval and a monthly maintenance fee on top of the price.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $260k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $260k).
• Recommended offer: $244k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.0% vs local median 4.3% in White Plains — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#410 in NY) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, crime A-; Watch: amenities F, cost of living F.
• White Plains City School District (urban): math 49% / reading 54% proficiency, ranked #313 of 590 in NY (top 53%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+6.4%/yr); 111 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 6.4% rent growth), your $73k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 84 days — a 6% lower offer ($244k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 25y ago; this cycle's ask has dropped $39k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $244,400 (6.0% below list)

Questions for the listing agent

1. It's been on market 84 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.37% ✓
• Cap rate: 11.02%
• Cash-on-cash: 16.87%
• DSCR: 1.75
• GRM: 6.1

CMA / ARV

• ARV (median comp): $261,566
• List price: $260,000
• Delta: -0.60%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 6.44% rent growth · sell at horizon

5-year hold

• IRR: 11.9%
• Equity multiple: 1.49×
• Total profit: $35,878
• Equity at exit: $38,767

10-year hold

• IRR: 23.5%
• Equity multiple: 3.36×
• Total profit: $171,679
• Equity at exit: $22,480

Cash invested: $72,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 10605

• Rents YoY: 6.4%
• Active inventory: 111
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $3,570 high
• Mortgage (P&I): −$1,363
• Tax est. 1.5%: −$325 /mo · $3,900/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$750
• Net cashflow: $1,023

Break-even live

Break-even rent $2,274

Max offer price $260,000

Occupancy floor 66%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
59 Old Mamaroneck Rd Unit 2E White Plains, NY	1.0	1.0	700	$1,912	$2.73	24d	1	0.08mi
50 Dekalb Ave Unit N4F White Plains, NY	1.0	1.0	1000	$3,100	$3.10	20d	1	0.30mi
250 Mamaroneck Ave White Plains, NY	1.0–3.0	1.0–2.5	1298	$7,098	$5.47	1d	126	0.36mi
1 DeKalb Ave White Plains, NY	1.0	1.0	749	$3,390	$4.53	43d	1	0.45mi
42 Waller Ave White Plains, NY	2.0	1.0	1150	$3,300	$2.87	43d	1	0.45mi
10 Lyon Pl White Plains, NY	2.0	1.0–2.0	870	$4,375	$5.03	43d	17	0.49mi
100 Hale Ave White Plains, NY	2.0	1.0–2.0	908	$4,961	$5.46	1d	11	0.50mi
1 Lyon Pl Unit 907 White Plains, NY	2.0	2.0	1120	$4,555	$4.07	2d	1	0.52mi
131 Mamaroneck Ave White Plains, NY	3.0	1.0–2.0	974	$5,355	$5.50	1d	19	0.60mi
51 S Broadway White Plains, NY	1.0	1.0	752	$3,342	$4.44	3d	2	0.61mi
240 Martine Ave Apt 4G White Plains, NY	3.0	2.0	1460	$4,195	$2.87	43d	1	0.69mi
234 Martine Ave White Plains, NY	3.0	2.0	1460	$4,195	$2.87	24d	1	0.69mi
10 City Pl Unit 2D White Plains, NY	1.0	1.5	1069	$3,895	$3.64	15d	1	0.72mi
7-11 S Broadway White Plains, NY	1.0	1.0	746	$3,295	$4.42	13d	1	0.78mi
1 S Broadway Apt 1L White Plains, NY	2.0	1.0	1000	$2,950	$2.95	43d	1	0.80mi
1 Renaissance Sq Unit 7B White Plains, NY	1.0	1.5	1048	$5,500	$5.25	43d	1	0.82mi
4 Martine Ave White Plains, NY	1.0	1.0–1.5	773	$3,025	$3.91	18d	2	0.82mi
4 Martine Ave White Plains, NY	1.0	1.0	707	$2,750	$3.89	2d	1	0.82mi
4 Martine Ave White Plains, NY	1.0	1.0–1.5	773	$2,900	$3.75	43d	2	0.82mi
4 Martine Ave White Plains, NY	1.0	1.0–1.5	773	$2,850	$3.69	13d	2	0.82mi
300 Main St White Plains, NY	1.0	1.0	956	$2,825	$2.95	21d	2	0.87mi
34 S Lexington Ave White Plains, NY	1.0–2.0	1.0–2.0	871	$4,195	$4.82	5d	6	0.87mi
1 Martine Ave White Plains, NY	1.0–2.0	1.0–2.0	827	$4,295	$5.19	2d	12	0.88mi
57 Bank St Unit 1040035P White Plains, NY	2.0	1.0–2.0	726	$9,348	$12.88	2d	3	0.89mi
312 Main St Apt 2 E White Plains, NY	1.0	1.0	800	$2,450	$3.06	13d	1	0.89mi
9 Ridgeview Ave White Plains, NY	3.0	1.0	1500	$3,500	$2.33	24d	1	0.89mi
55 Bank St White Plains, NY	2.0	1.0–2.0	861	$5,420	$6.30	1d	23	0.91mi
15 Bank St White Plains, NY	1.0–2.0	1.0–2.0	934	$5,064	$5.42	1d	20	0.95mi
440 Hamilton Ave White Plains, NY	2.0	1.0–2.0	880	$5,554	$6.31	1d	31	0.96mi
42 Barker Ave Unit 4C White Plains, NY	1.0	1.0	800	$2,300	$2.88	43d	1	0.98mi
25 N Lexington Ave White Plains, NY	3.0	1.0–2.0	988	$6,146	$6.22	1d	28	1.00mi
37 Lake St White Plains, NY	1.0–2.0	1.0	685	$3,240	$4.73	43d	1	1.00mi
7 Lake St Unit 8k White Plains, NY	2.0	1.0	975	$3,150	$3.23	44d	1	1.04mi
30 Lake St Apt 2I White Plains, NY	2.0	1.0	950	$3,100	$3.26	5d	1	1.04mi
21 Lake St Unit 6G White Plains, NY	1.0	1.0	806	$2,650	$3.29	43d	1	1.06mi
37 Lake St Unit 2B White Plains, NY	2.0	1.0	721	$3,140	$4.36	20d	1	1.10mi
26 Hillside Ter Unit F White Plains, NY	1.0	1.0	782	$2,700	$3.45	43d	1	1.11mi
55 N Broadway Unit 3-15H White Plains, NY	2.0	2.5	1310	$3,850	$2.94	43d	1	1.14mi
17 Terrace Ave White Plains, NY	2.0	1.0	980	$3,500	$3.57	24d	1	1.15mi
55 McKinley Ave Unit D2-3 White Plains, NY	1.0	1.0	809	$2,400	$2.97	43d	1	1.29mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-18
   days on market $260,000 Active 84 DOM
2. 2026-06-17
   days on market $260,000 Active 83 DOM
3. 2026-06-16
   days on market $260,000 Active 82 DOM
4. 2026-06-15
   days on market $260,000 Active 81 DOM
5. 2026-06-13
   days on market $260,000 Active 79 DOM
6. 2026-06-13
   days on market $260,000 Active 78 DOM
7. 2026-06-09
   days on market $260,000 Active 75 DOM
8. 2026-06-08
   days on market $260,000 Active 74 DOM
9. 2026-06-07
   days on market $260,000 Active 73 DOM
10. 2026-06-04
    pricedays on market $260,000 Active 70 DOM
11. 2026-06-03
    days on market $285,000 Active 69 DOM
12. 2026-06-02
    days on market $285,000 Active 68 DOM
13. 2026-06-01
    days on market $285,000 Active 67 DOM
14. 2026-05-31
    days on market $285,000 Active 66 DOM
15. 2026-04-24
    price $285,000 1655-char remark

    Show marketing remark (1655 chars)

    Welcome to 19 Old Mamaroneck Road and this PET FRIENDLY charming building in downtown white plains! Freshly painted and filled with natural light this lovely newly updated 2-bedroom, 1-bath Co-op unit is ready to welcome you home. A lovely entry with a coat closet welcomes you into an open floor plan. This apartment features a generous living room, dining area, and galley style kitchen, perfect for everyday living and entertaining. 2 bedrooms, with a generous size primary and tons of closet space, while the versatile second bedroom offers endless possibilities as a guest room or home office. A perfect blend of style and practicality, this home is designed to fit your lifestyle effortlessly! Prime location with unbeatable convenience! Enjoy easy access to downtown White Plains, where a vibrant array of restaurants, shopping, and entertainment awaits. Plus, you're just minutes from parks, schools, and bus routes, making everyday errands and commuting a breeze. Everything you need right at your doorstep! This is an elevator building with parking available. Additional storage space in the basement is perfect for keeping seasonal items neat, organized and out of the way. A single parking space is $75, and a double space is $140, though there is currently a waiting list , street parking is available, as well as around the corner there is a municipal lot at Shapham Place for $192.00 per quarter or about $700 for the year for additional convenience and is 24HR parking. Mamaroneck municipal parking lot which is located right next to Shapham as well. SELLER WILL PAY UP TO ONE YEAR FOR THE MUNICIPAL PARKING FOR THE NEW OWNER AT CLOSING!

16. 2026-03-26
    listed $299,000 Active 1655-char remark

    Show marketing remark (1655 chars)

    Welcome to 19 Old Mamaroneck Road and this PET FRIENDLY charming building in downtown white plains! Freshly painted and filled with natural light this lovely newly updated 2-bedroom, 1-bath Co-op unit is ready to welcome you home. A lovely entry with a coat closet welcomes you into an open floor plan. This apartment features a generous living room, dining area, and galley style kitchen, perfect for everyday living and entertaining. 2 bedrooms, with a generous size primary and tons of closet space, while the versatile second bedroom offers endless possibilities as a guest room or home office. A perfect blend of style and practicality, this home is designed to fit your lifestyle effortlessly! Prime location with unbeatable convenience! Enjoy easy access to downtown White Plains, where a vibrant array of restaurants, shopping, and entertainment awaits. Plus, you're just minutes from parks, schools, and bus routes, making everyday errands and commuting a breeze. Everything you need right at your doorstep! This is an elevator building with parking available. Additional storage space in the basement is perfect for keeping seasonal items neat, organized and out of the way. A single parking space is $75, and a double space is $140, though there is currently a waiting list , street parking is available, as well as around the corner there is a municipal lot at Shapham Place for $192.00 per quarter or about $700 for the year for additional convenience and is 24HR parking. Mamaroneck municipal parking lot which is located right next to Shapham as well. SELLER WILL PAY UP TO ONE YEAR FOR THE MUNICIPAL PARKING FOR THE NEW OWNER AT CLOSING!

17. 2014-01-27
    price $95,000 129-char remark

    Show marketing remark (129 chars)

    Freshly Painted Unit With Crown And Chair Moldings, Updated Kitchen And Bath. New Six Paneled Doors, Hardwood Floors Through Out.

18. 2006-03-10
    soldstatus $235,000
19. 2005-11-22
    historical
20. 2005-10-24
    listed $235,000
21. 2002-01-28
    soldstatus $120,000
22. 2001-10-26
    historical
23. 2001-09-05
    listed $120,000
24. 2001-05-29
    soldstatus $97,000 129-char remark

    Show marketing remark (129 chars)

    Freshly Painted Unit With Crown And Chair Moldings, Updated Kitchen And Bath. New Six Paneled Doors, Hardwood Floors Through Out.

25. 2001-03-13
    historical 129-char remark

    Show marketing remark (129 chars)

    Freshly Painted Unit With Crown And Chair Moldings, Updated Kitchen And Bath. New Six Paneled Doors, Hardwood Floors Through Out.

26. 2001-02-12
    listed $97,000 129-char remark

    Show marketing remark (129 chars)

    Freshly Painted Unit With Crown And Chair Moldings, Updated Kitchen And Bath. New Six Paneled Doors, Hardwood Floors Through Out.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,837
• − Mortgage interest: −$14,564
• − Property taxes: −$3,900
• − Insurance: −$1,300
• − Repairs & maintenance: −$3,427
• − Management: −$3,427
• − Depreciation: −$7,564
• Taxable income: $8,655
• Est. tax owed @ 24.0%: −$2,077
• After-tax cash flow: $10,202/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: White Plains City School District
• NCES district ID: 3631260
• Math proficiency: 49% ▼ -6.00%
• Reading proficiency: 54% ▲ 2.00%
• Median HH income: $78,366
• Composite: 46.72/100
• National rank: #2397
• State rank: #313 of 590 in NY

Livability — White Plains

• Score: 71/100
• State rank: #410
• US rank: #6801

Category grades

Amenities F Commute A+ Cost of living F Crime A- Employment A+ Housing B- Health & safety A- User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: White Plains, NY
• County: Westchester County · 709,332 people
• City population: 61,281
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 19,493
• Household income: $148,982
• Rent vs Own: 23.2% rent · 76.8% own
• Severe rent burden: 581.0

Population outlook (Westchester County) Hauer SSP2

• Today (2025): 1,028,035 people
• By 2030: 1,051,636 · +2.3%
• By 2040: 1,098,520 · +6.9%
• By 2050: 1,136,044 · +10.5%
• By 2075: 1,196,925 · +16.4%
• By 2100: 1,175,147 · +14.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 62% Hispanic / Latino 19% Two or more races 9% Asian 8% Black 8%
• Hispanic origin (detail): Puerto Rican 4% Cuban 1%
• Common ancestry: Scotch-Irish 5% Romanian 4% Italian 1%
• Foreign-born: 24% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 13% Other Indo-European 5% German/W. Germanic 2%

Political lean MEDSL · Westchester

• 2024 margin: Strong D (+26.3) · D 63.1% · R 36.9%
• 2008→2024 swing: -1.3pp toward R · 2008: 27.6pp · 2024: 26.3pp
• All cycles: 2024: D+26.3 2020: D+36.3 2016: D+32.8 2012: D+22.2 2008: D+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -580.55%
• Current HPI: 266.0542
• Rent YoY: ▲ 6.44%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+193.8% since first listed

12 events — show timeline

• 2026-04-24 Price Changed $285,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-26 Listed $299,000 OneKey® MLS as Distributed by MLS Grid
• 2014-01-27 Price Changed $95,000 HGMLS
• 2006-03-10 Sold (MLS) $235,000 HGMLS
• 2005-11-22 Delisted — HGMLS
• 2005-10-24 Listed $235,000 HGMLS
• 2002-01-28 Sold (MLS) $120,000 HGMLS
• 2001-10-26 Delisted — HGMLS
• 2001-09-05 Listed $120,000 HGMLS
• 2001-05-29 Sold (MLS) $97,000 HGMLS
• 2001-03-13 Delisted — HGMLS
• 2001-02-12 Listed $97,000 HGMLS