Prime Mixed-Use Property in the Heart of New Rochelle (10801)Just a 5-minute walk to downtown and the train station, this well-located mixed-use building offers strong rental potential and long-term value.Property Features:Ground floor: Approx. 2,800 sq ft restaurant space currently operating as a Cocina Mexicana & Tequila Bar, with seating approved for 84 guests and a 14-seat bar. The spacious layout is also ideal for hosting events.Second floor: Two residential units - one 1-bedroom apartment and one 2-bedroom apartment.Current Lease Details:Restaurant: $3,311/month. Tenants cover 50% of any property tax increase over the 2021 base year. Rent is below market rate due to a $200,000 renovation investment by the restaurant owner in 2021. Lease term runs through 2029.1-Bedroom Apartment: $1,500/month2-Bedroom Apartment: $2,050/monthAdditional Notes:All units have separate utility meters. Tenants are responsible for their own heating and electricity.
Listing By
Agency Name: Realmart Realty LLC
Agency Phone: 888-362-6543
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
Request a date and time to see 94 Union Avenue, New Rochelle, NY 10801.
An agent will get in touch to confirm your request shortly.
Send an email with a link to
94 Union Avenue, New Rochelle, NY 10801.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
94 Union Avenue | MLS# 980066
This commercial property located at 94 Union Avenue, New Rochelle, NY 10801 is currently listed for sale with an asking price of $1,149,000. Search New Rochelle real estate on www.joycerealty.com today.