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: $3,394/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: $2,500/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)
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Estimated Payment
$ 4,265.30 per month $2,557.18 Principal & Interest $1,373.00 Property Tax $335.13 Homeowner's InsuranceSend an email with a link to
94 Union Avenue , New Rochelle, NY 10801.
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94 Union Avenue | MLS# 1002084
This multi-family property located at 94 Union Avenue , New Rochelle, NY 10801 is currently listed for sale with an asking price of $1,149,000. Union Avenue is located within the New Rochelle school district. Search New Rochelle real estate on www.joycerealty.com today.