370 North Avenue New Rochelle NY 10801-4164 | Keller Williams Realty

  • 370 North Avenue 

  • New Rochelle, NY 10801-4164
  • 0 bed | 0 fullbath | 0 sqft | Commercial
  • $1,675,000

  • Est. Monthly Payment: $1,232,123/mo calculator
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Michael J Marciano, CBR, CDPE

cbr, cdpe, srs, abr

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What is Nearby 10801-4164:

Restaurants Grocery Banks Gas Stations

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Description

Great Building in middle of New Rochelle's Renaissance! Great income producing property with excellent income upside and unmatched location for value add! Surrounded by $4 Billion in Development and more private investment and development in the works. Current NOI of of $94k and current CAP of 5.6%. Conservatively the potential rental upside is nearly $4k per month with some additional basic changes to residential units. Metro North has been in negotiations to use Amtrak tracks to have a direct stop to Penn Station...this will change the reach of New Rochelle to the millennial tenants. Own a piece of the changing New Rochelle downtown before you are priced out!

Interior Features

  • Bedrooms: 0
  • Full Baths: 0
  • SQFT: 0

Exterior Features

  • Lot Size: 0.0
  • Stories: 3

Utilities

  • Central Air: Central A/C,Window Unit(s) A/C
  • Heating Desc: Hot Water

Community Details

Additional Information

  • County: Westchester County
  • Property Type: Commercial
  • Annual Taxes: 28116
  • Year Built: 1922

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