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/month
2-Bedroom Apartment: $2,500/month
Additional Notes:
All units have separate utility meters. Tenants are responsible for their own heating and electricity.
87 days
|
299
|
11
|
Zillow last checked:
Listing updated:
Listed by:
Realmart Realty LLC888-362-6543,
Shuai Zheng888-362-6543
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1002084
Facts & features
Interior
Heating
Baseboard
Cooling
Central Air, Wall/Window Unit(s)
Features
Built-in Features
Basement: Unfinished
Interior area
Total structure area: 4,600
Total interior livable area: 4,600 sqft
Property
Parking
Parking features: None
Lot
Size: 3,920 Square Feet
Details
Parcel number: 1000000004012270000021
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex, Multi Family
Materials
Brick
Condition
Year built: 1965
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Community & HOA
Location
Region: New Rochelle
Financial & listing details
Price per square foot: $250/sqft
Tax assessed value: $11,000
Annual tax amount: $16,476
Date on market: 5/19/2026
Cumulative days on market: 79 days
Listing agreement: Exclusive Agency
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/20/2026
Listed for sale
$1,149,000+278%$250/sqft
Source: OneKey® MLS as distributed by MLS GRID #1002084Report a problem
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.