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Legal Five-Family Apartment Building
For Sale
$1,350,000

132 4th Street, New Rochelle, NY 10801

MULTI_FAMILY - New Rochelle, NY

Lot Size0.11 Acres
Days on Market110

Property Features for 132 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning r-3a
Rooms Basement
Parking features On Street, Driveway, Garage, Oversize, Open
Fencing Chain Link
Basement Storage Space, Crawl Space, Unfinished, Full
Lot features Level, Near Public Transit, Near School, Near Shops
High school New Rochelle High School
Elementary school district New Rochelle
Middle school district New Rochelle
High school district New Rochelle
Standard status Active
APN 1000-000-004-01312-000-0033
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 26476

Utilities

Sewer type Public Sewer
Heating system Oil, Steam
Cooling system Varies by Unit, Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

basement storage

Building Details

Year built 1905
Floors in Building 3
Number of units 5
Building materials Frame, Stucco
Listing Agency: Keller Williams Realty Group
Listed By: Amanda Saraceno · License #10301221987
Added: Apr 13 Changed: Jul 30 Last Checked: Jul 31 at 7:06AM
MLS# 970437

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Legal five-family apartment building offered as a well-maintained, fully occupied property. The setup includes six separate gas and six separate electric meters, with tenants responsible for their own utilities. Parking is enhanced by a long private driveway and an oversized two-plus-bay garage with extensive loft storage.

Constructed with frame and stucco materials and served by public water and public sewer, the building features oil steam heating. Cooling varies by unit, with wall/window and window unit(s) noted. An unfinished basement adds functional storage, with convenient Bilco door access.

The property sits on a 0.11-acre lot and was built in 1905. It is described as minutes from the New Rochelle Transit Center and within walking distance to downtown shops, local dining, and New Roc City, with nearby major highways and local parks.

Key Highlights

  • Fully occupied legal five‑family apartment building
  • Oversized two‑plus‑bay garage with extensive loft storage plus long private driveway for off‑street parking
  • Six separate gas meters and six separate electric meters; tenants responsible for utilities

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Pet Store Pet Store & Service Bed & Breakfast Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,802
Businesses Nearby

Demographics for 10801, NY

42,949
Population
16,912
Households
2.5
Avg Household Size
37
Median Age
43%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
12,632
Density / Sq Mi
$83,534
Median Household Income
$50,274
Median Earnings
$1,742
Median Rent
$555,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - R-3A zoned, fully occupied five-family with six separate gas and six separate electric meters for tenant utilities.
Where is this apartment building located?
The property is located at 132 4th Street New Rochelle, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Fully occupied legal five‑family apartment building; Oversized two‑plus‑bay garage with extensive loft storage plus long private driveway for off‑street parking; Six separate gas meters and six separate electric meters; tenants responsible for utilities
More about this property
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