302 Union Avenue, New Rochelle, NY 10801 - MLS 4831854 | Berkshire Hathaway HomeServices New England Properties
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  • 302 Union Avenue, New Rochelle, NY 10801
  • $1,050,000
  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 0 Full BathroomFull Bathrooms
  • 0 Half BathroomHalf Bathrooms
  • 5,064 Sqft
  • Sold On

302 Union Avenue, New Rochelle, NY 10801

  • Open House
  • New Listing
  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 5,064 Sqft
  • Multi Family
  • Active
  • MLS# 4831854
  • Sold On
0 More Schedule
  • Price Reduced

Property Information

  • MLS4831854
  • Zip Code10801
  • TypeMulti Family
  • Sq. Ft.5, 064
  • Parking 2 Car Detached
  • HeatingHot Water
  • WaterPrivate
  • SewerSewer
  • Year Built1907
  • Estimated Taxes$19, 565
  • Post OfficeNew Rochelle

Own a piece of New Rochelle while it's still affordable... over $4 Billion in development with 1mile of this property. Great Investment Property producing 6.5% Cap Rate at current numbers with ability to increase to 8+% Cap. Rents are below market and present a great opportunity for value add property. Building will require some updates to achieve higher rents but totally justified by the increase in value and cash flow potential. A little over .5 miles of the Pelham Metro North Station! Includes 5 residential units and 1 office/storefront. No leases exist. Building also offers large side lot for potential additional parking as well as a 2 car garage. Please do not walk property unattended or with out an appointment.

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About New Rochelle, NY

The highly esteemed city of New Rochelle, New York is located in Westchester County, just two miles north of the New York City border.

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Listing courtesy of: Michael J. Marciano, Keller Williams NY Realty © 2018 HGMLS Multiple Listing Service Inc. All Rights Reserved.