Brick Two-Family
1 Davis Avenue, New Rochelle, NY 10805
For Sale
$1,100,000
Separate entrances serve the units, with garage and driveway parking and a finished lower level connected to the first-floor unit.
Property Size3,294 SF
Price / SF$333.94
Days on Market81
Property Features for 1 Davis Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
shared laundry area
front porch
private backyard
Ceiling Fan(s)
Eat-in Kitchen
Formal Dining
Pantry
Washer/Dryer Hookup
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
Century 21 Marciano
(914) 235-4996
Listed By:
Anthony F. Marciano
(914) 707-1026
Source:
Gillianstewart
Added: Aug 21
Changed: Nov 7
Last Checked: Nov 8 at 3:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Marciano
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Investment Insights
Based on property information with market context.
This 3,294-square-foot brick duplex, built in 1928, contains two residences with separate entrances. The first-floor unit has three bedrooms, hardwood flooring, an eat-in kitchen, and access to a legalized finished lower level with a bedroom and full bath. The second-floor residence offers three bedrooms, an eat-in kitchen with pantry space, a formal dining room, and a naturally bright living room. Shared laundry is located apart from the finished lower-level space.
The property occupies a corner lot at 1 Davis Avenue in New Rochelle. The New Rochelle Metro-North station is 0.6 miles away, with a 35-minute train ride to Grand Central. Downtown shops, restaurants, and daily conveniences are also accessible nearby.
A two-car garage and two driveway spaces provide parking. A front porch and private backyard are additional exterior features.
The property occupies a corner lot at 1 Davis Avenue in New Rochelle. The New Rochelle Metro-North station is 0.6 miles away, with a 35-minute train ride to Grand Central. Downtown shops, restaurants, and daily conveniences are also accessible nearby.
A two-car garage and two driveway spaces provide parking. A front porch and private backyard are additional exterior features.
Key Highlights
- Two‑family brick property with 3,294 square feet; built in 1928
- Two residences, each with three bedrooms
- First‑floor unit includes a legalized finished lower level with a bedroom and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,160
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,200
$1.3M
Cap Rate 7%
$916,571
$916.6K
Cap Rate 9%
$712,889
$712.9K
Market Conditions
NOI Build-Up for 3,294 SF
Gross rent
$98.0K $29.76/SF
− Vacancy
−$6.4K −$1.93/SF
EGI
$91.7K $27.83/SF
− OpEx
−$27.5K −$8.35/SF
NOI
$64.2K $19.48/SF
Area
Westchester County, NY
Vacancy
6.50%
Lease Rate
$29.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,200
Cap Rate 7%
$916,571
Cap Rate 9%
$712,889
Alternative Uses
Best Use
Multifamily LT 5
$916.6K
$802.0K – $1.07M
NOI $64,160 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$807.1K
$706.2K – $941.6K
NOI $56,498 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$2.18M
$1.91M – $2.54M
NOI $152,455 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,630
Businesses Nearby
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Business Placement
Demographics for 10805, NY
18,479
Population
8,731
Households
2.1
Avg Household Size
44
Median Age
35%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
10,870
Density / Sq Mi
$89,964
Median Household Income
$53,513
Median Earnings
$2,018
Median Rent
$338,100
Median Home Value
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Market
Properties on Market for Duplexes in New Rochelle
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances serve the units, with garage and driveway parking and a finished lower level connected to the first-floor unit.
Where is this duplex located?
The property is located at 1 Davis Avenue New Rochelle, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family brick property with 3,294 square feet; built in 1928; Two residences, each with three bedrooms; First‑floor unit includes a legalized finished lower level with a bedroom and full bath
