An exceptional opportunity to establish your business or bring your development vision to life in the thriving heart of Downtown New Rochelle! This three-story building, complete with a mezzanine and soaring ceilings, offers incredible versatility for a range of uses whether it's a restaurant, event venue, retail space, residential apartments (mixed-use), art gallery, or studio. Positioned amidst the energy of over 6,500 new households in the area, the property is ideally suited for investors looking to add significant value. Just steps away from the Metro-North Train station, this property has been under long-term ownership and is currently occupied by a curtain store but will be delivered vacant. The motivated seller is serious about making a deal schedule a walkthrough today!
PRICED TO SELL Prime Investment Opportunity of 4,429 sq ft in a Highly Visible Location off the I-95 roundabout! This MIXED-USE commercial property is perfectly positioned for CLIENTS AND CUSTOMERS. This location promises a captive audience of potential customers. The first floor is 2,214 sq ft, currently vacant, but was a veterinary dental office. Equipment remains and only some for sale. The second floor is framed and ready for your vision whether it's apartments, offices, a yoga studio, or a retail store. The possibilities are endless! A new veterinarian or doctor could easily start their practice on the first floor and rent out the second floor for a wealth of additional income. This commercial building is in excellent condition with ample parking, making it an unbeatable value. Don't miss this chance to explore additional space in a prime location and turn your business dreams into reality! The building is vacant. The building is sold as-is and no work will be done.
Great Investment opportunity!! Income producing three bedroom, two full baths, single family home, and a legal auto repair shop with office space, rec area and bathroom on the second floor. Benefit from residential rental income $3000 monthly and commercial business operations. Repair shop is vacant but was being rented for S4600 monthly. Tenants pay their own utilities. The property is located in New Rochelle's Downtown Fifth Ave Overlay Zone code 331-59. This prime location provides easy access to major highways, including I-95 and 287 Minutes away from Metro North Train Station, enhancing commuter convenience and close to local amenities, schools and parks.
Great investment opportunity for an income producing property on a street with excellent foot traffic by Iona University. Storefront with current business (2 years remaining on lease) and a 2-bedroom, 1 bathroom apartment (624A), freshly painted, hardwood floors thought out on the second floor. Recently updated with new roof, boiler, 400 amp-3 phase electrical, plumbing, central air and heating. Store has central air conditioning and heating. One can live upstairs and benefit from the income generated by the frozen yogurt store. Or can rent both apartment and store, and benefit from a dual income producing property. Great rent roll potential with little maintenance.
Auto repair facility 1236 sf 2 bays and office Busy corner lot downtown New Rochelle 24.608 cars per day Prime redevelopment parcel.
Attention investors! An exceptional income-generating mixed-use building awaits in the burgeoning downtown area of New Rochelle. Whether you seek a 1031 Exchange or an investment venture, this property beckons. Fully rented, it features two storefronts, seven two-bedroom, and four one-bedroom units, totaling 11 units in all. Act swiftly, as this opportunity won't endure!
Good income property for investors on a busy street with 6.6% cap rate. Two 3 bedrooms and 1 bath residential units with two storefronts, a restaurant and a laundromat.
The median home value in New Rochelle, NY is $662,000. This is higher than the county median home value of $630,700. The national median home value is $219,700. The average price of homes sold in New Rochelle, NY is $662,000. Approximately 48.12% of New Rochelle homes are owned, compared to 46.49% rented, while 5.4% are vacant. New Rochelle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Rochelle real estate agent to arrange a tour today!
New Rochelle, New York 10801 has a population of 79,877. New Rochelle 10801 is less family-centric than the surrounding county with 33.63% of the households containing married families with children. The county average for households married with children is 35.41%.
The median household income in New Rochelle, New York 10801 is $77,320. The median household income for the surrounding county is $89,968 compared to the national median of $57,652. The median age of people living in New Rochelle 10801 is 39.4 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 48.4 inches per year, with 30.4 inches of snow per year.