320 Webster Avenue presents an exceptional opportunity to acquire a fully leased, income producing mixed use retail property in New Rochelle, NY.
| Website: | https://www.nestseekers.com/5708505 |
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| Address: | New Rochelle, NY 10801 |
| Ownership: | For Sale |
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| Type: | mixed-use |
| Lot Size: | 0.2 Acres |
Financials
Description
320 Webster Avenue presents an exceptional opportunity to acquire a fully leased, income-producing mixed-use retail property in New Rochelle, NY. Positioned along Webster Avenue, this one-story masonry building offers a combination of established cash flow, strong street presence, and meaningful long-term upside for investors.
The property consists of approximately 8,105 SF of building area, including approximately 6,127 SF of gross leasable area, situated on a 0.21-acre (9,147.6 SF) lot. The property is currently fully leased and generates approximately $180,000 in annual rental income, providing investors with immediate in-place revenue.
One of the property's key investment advantages is its below-market rental structure, creating potential for future income growth as leases roll over. The property is zoned Neighborhood Business (NB) / C-1, providing flexibility and potential for repositioning over time.
Conveniently located approximately 0.8 miles from the New Rochelle Metro-North Station and 1.3 miles from the Pelham Metro-North Station, the property benefits from excellent accessibility and connectivity throughout Westchester County and the New York City metropolitan area.
With stable existing tenancy, strong in-place income, below-market rents, flexible zoning, and future rental upside, 320 Webster Avenue offers an attractive opportunity for investors seeking a well-positioned commercial asset in the New Rochelle market.
Amenities
- Electricity Connected
- Sewer Connected
- Water Connected
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932 Phone: +1 631-353-3427 Fax: +1 631-614-7858 | |
| Listing Courtesy of Link NY Realty | |