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: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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.coldwellbankerchoice.com today.