Commercial in Westchester
| MLS Number | 6307192 |
|---|---|
| Address | 1-3 Drake Avenue & 760-762 Main Street, New Rochelle, NY 10805 show map |
| Price | $1,595,000 show mortgage calculator |
| Acres | 0 |
| Year Built | 1885 |
| Est. Sq. Footage | 0 |
| Zoning | NB/B, NB/M |
| Current Uses | |
| Permitted Uses |
1-3 Drake Avenue & 760-762 Main Street is a Mixed Use Property on Corner Lot, Situated in High Traffic Area- in Central/Prime location, Heavy Foot Traffic, Commuter/Shopper Friendly. 1-3 Drake Avenue and 760-762 Main Street, are 2 Stand Alone Buildings on a Single Lot/Deed. In total there are 3 commercial spaces that are currently leased and two 1 bedroom residential units, on month to month basis. 762 Main St (stand alone bldg) 100% re-done in 2013 with new legal use and Rubber Roof included. 760 Main had a New electric heat & AC pump unit installed in 2020, Main St. sidewalk redone in 2023, electrical upgrades and several cosmetic improvements. Zoning: NB/M & NB/B. Wonderful Investment or Development Opportunity, Good Income Producing Property, Gross Income $127,500/year, Total Expenses $36,373/year, Net Operating Income $91,127/year. Some rents below market value. SELLER FINANCING AVAILABLE with 35% Minimum down Payment.
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