Commercial Space with
For Sale
$3,300,000
Pending
112 North Ave, New Rochelle, NY 10801
8,300 SF commercial space with restaurant/bar and parking.
Property Size8,300 SF
Days on Market422
Property Features for 112 North Ave
General Information
Standard status
Pending
Size
8,300 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Century 21 Marciano
Listed By:
Pasquale A. Marciano (914) 235-4996 · License #37MA1101672
(914) 906-6754
Source:
Searchhomesinlongisland
Added: Sep 8, 2025
Changed: Nov 1
Last Checked: Nov 3 at 7:05AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property, built in 1950, offers 8,300 usable square feet of space across two levels on a 0.66-acre lot. The upper level features a 2,245 square feet auditorium along with 2,057 square feet of office space and conference rooms. The lower level includes a billiard room, storage areas, a bar/restaurant, bathrooms, and a full commercial kitchen. The property also features a large, level lot with 29 parking spaces. This property is being offered for sale for the first time since its construction.
Key Highlights
- 8,300 usable square feet of commercial space.
- Large 0.66 acre lot with 29 parking spaces.
- Upper level**: 2,245 sq ft auditorium plus 2,057 sq ft office/conference space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,499
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,980
$3.5M
Cap Rate 7%
$2,507,129
$2.5M
Cap Rate 9%
$1,949,989
$1.9M
Market Conditions
NOI Build-Up for 8,300 SF
Gross rent
$288.8K $34.80/SF
− Vacancy
−$38.1K −$4.59/SF
EGI
$250.7K $30.21/SF
− OpEx
−$75.2K −$9.06/SF
NOI
$175.5K $21.14/SF
Area
Westchester County, NY
Vacancy
13.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,980
Cap Rate 7%
$2,507,129
Cap Rate 9%
$1,949,989
Alternative Uses
Best Use
Retail
$2.51M
$2.19M – $2.92M
NOI $175,499 @ 7.0% cap · market cap 5.32%
Second Best
Specialty Retail
$2.04M
$1.78M – $2.38M
NOI $142,677 @ 7.0% cap · market cap 4.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,468
Businesses Nearby
129k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 24%
Apparel 3%
Hotels & Casinos 3%
McDonald's
Dining
38,369 visits/mo
0.5 miles
Taco Bell
Dining
15,669 visits/mo
0.4 miles
Starbucks
Dining
13,566 visits/mo
0.4 miles
Sunoco
Shops & Services
13,442 visits/mo
0.5 miles
Dunkin' Donuts
Dining
10,959 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- dfrgt444 — 721 Main St, New Rochelle, NY 10801
- Drake Main Cafe & Lounge — 1 Drake Ave, New Rochelle, NY 10805
- Town House Kitchen + Drinks — 559 Main St, New Rochelle, NY 10801
- sadasdsa — 596 main st, new rochelle, ny 10805
- Shooters Bar — 155 North Ave, New Rochelle, NY 10801
Frequently Asked Questions
What type of property is this?
Bar & Pub - 8,300 SF commercial space with restaurant/bar and parking.
Where is this bar & pub located?
The property is located at 112 North Ave New Rochelle, NY.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 8,300 usable square feet of commercial space.; Large 0.66 acre lot with **29 parking spaces**.; Upper level**: 2,245 sq ft auditorium plus 2,057 sq ft office/conference space.
