We are pleased to present for sale 120 Madison Street in Mamaroneck, New York. 120 Madison Street is triple net leased to SwimTank through October 31, 2037. The 20-year lease has annual escalations and two 5-year renewal options. The 12,528± SF swimming facility was repurposed in 2017 and contains a competitive length pool (four lanes/25 yards long) equipped with starting blocks plus three additional half lanes (14 yards). The pool can be observed from a large glassed-in viewing room, and there are fully equipped men’s, women’s and family locker rooms.
120 Madison Street is conveniently located within 2 minutes from the center of activity on 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, as well as upscale shops.
Additionally, the property is also conveniently located within a 2-minute drive from the Mamaroneck Metro-North Train Station, which provides a 39-minute express ride to New York City via its New Haven line, 2 minutes from Interstate 95 and 8 minutes from Interstate 287.