MLS#970437
STATUSActive
PROPERTY TYPECommercial -
SCHOOLNew Rochelle
Property Description
An incredible investment opportunity awaits at 132 4th Street, a well-maintained legal five-family property in the heart of New Rochelle. This fully occupied turnkey asset offers immediate stability and significant upside, highlighted by a rare oversized two-plus-bay garage with extensive loft storage and a long private driveway providing ample off-street parking. The property is efficiently set up for ease of management, featuring 6 separate gas and 6 separate electric meters, with tenants responsible for their own utilities. Additionally, the full unfinished basement provides significant extra storage space with convenient Bilco door access. Situated in a high-demand location, the property is just minutes from the New Rochelle Transit Center and is within walking distance to vibrant downtown shops, local dining, and New Roc City. Perfectly positioned near major highways and local parks, this property represents a fantastic opportunity to secure a high-performing multi-family asset in one of Westchester's most rapidly growing communities.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Bilco Door(s), Crawl Space, Full, See Remarks, Storage Space, Unfinished
Cooling: Varies by Unit, Wall/Window Unit(s)
Heating: Oil, Steam
Lot Size: 0.11 Acres
Stories: 3.0
Taxes: $26,476
Year Built: 1905
Feature Descriptions
Building Area Total: 3436
Building Features: Ceiling Fan(s), Walk Up
Days on Site: 2
Exterior: Frame, Stucco
Fencing: Chain Link, Partial
Fuel Expense: 8239
Heating Units: 1
Heating Zones: 1
Included In Taxes: Sewer, Trash
Lot Features: Level, Near Public Transit, Near School, Near Shops
On Market Date: 2026-04-15
Other Expense: 3500
Other Structures: Garage(s)
Parcel Number: 1000-000-004-01312-000-0033
Parking Features: Driveway, Garage, Garage Door Opener, On Street, Oversized, Private, Storage
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 6
Separate Gas Meters: 6
Sewer: Public Sewer
Tenant Pays: Electricity, Gas, See Remarks
Units: 5
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: New Rochelle High School
School District: New Rochelle
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty Group
Agency Contact: 914-713-3270
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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132 4th Street | MLS# 970437
This commercial property located at 132 4th Street, New Rochelle, NY 10801 is currently listed for sale with an asking price of $1,350,000. 4th Street is located within the New Rochelle school district. Search New Rochelle real estate on www.coldwellbankerchoice.com today.