USANYNew Rochelle345 North Ave
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New
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$2,850,000

For Sale

A day ago

345 North Ave, New Rochelle, NY

House

MLS® 1042420

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $34,379
Days Active 2
Lot Size 0.1721 Acres
Approx. Age 
MLS® Number 1042420

Property Address: 345 North Ave, New Rochelle, NY, 10801-4111

Average square foot calculated using Size range provided by listing agent.

Description

345 North Avenue presents an attractive mixed-use retail investment opportunity in the heart of Downtown New Rochelle, combining existing rental income with significant leasing and long-term redevelopment potential. The property consists of approximately 5, 264 SF of building area, including approximately 4, 500 SF of gross leasable area, situated on a 0.17-acre (7, 405 SF) lot. The one-story masonry building is configured for multiple commercial occupants and is currently generating approximately $180, 000 in annual rental income, with one storefront currently vacant, providing an immediate opportunity for a new owner to increase occupancy and rental revenue. Located along North Avenue, the property benefits from Downtown Business (DB/C-2) zoning, offering investors flexibility and potential for future repositioning or redevelopment. Its central downtown location places the property within an area experiencing continued growth and revitalization. The property is also exceptionally well positioned for transportation, located just 0.3 miles from the New Rochelle Metro-North Station, providing convenient access to New York City and the surrounding Westchester market. With established in-place income, a value-add opportunity through the vacant storefront, flexible downtown zoning, and a highly accessible New Rochelle location, 345 North Avenue offers investors a compelling combination of current cash flow and future upside.
MLS® Number1042420
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 24, 2026List Date
$2,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
345 North Ave, New Rochelle, NY

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