Three-Unit Mixed-Use
For Sale
Contact for pricing
12 Russell Ave, New Rochelle, NY 10801
Updated apartments and retail space include renovated kitchens, bathrooms, and flooring.
Property SizeContact for details
Days on Market144
Property Features for 12 Russell Ave
General Information
Standard status
Active
Property subtype
Mixed Use
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Redwood Realty
Listed By:
Michael Scrima · License #NY 10301219536
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:14AM
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 Redwood Realty
Investment Insights
Based on property information with market context.
This three-unit mixed-use property at 12 Russell Ave in New Rochelle combines two residential apartments with a ground-floor storefront. One apartment contains two bedrooms and one bathroom, while the second offers three bedrooms and one bathroom. The storefront is occupied by La Rosa Pizza under a long-term lease that includes 3% annual increases.
All three units have undergone gut renovations, including new kitchens, bathrooms, and flooring. A rear parking lot serves the building. The property is located within 0.75 miles of the New Rochelle train station and five blocks from multiple major construction sites in the downtown area. The property may also be purchased together with 13 Allard Ave in New Rochelle.
All three units have undergone gut renovations, including new kitchens, bathrooms, and flooring. A rear parking lot serves the building. The property is located within 0.75 miles of the New Rochelle train station and five blocks from multiple major construction sites in the downtown area. The property may also be purchased together with 13 Allard Ave in New Rochelle.
Key Highlights
- Three‑unit mixed‑use property with two apartments and one storefront
- Residential unit mix includes 2 bedrooms/1 bathroom and 3 bedrooms/1 bathroom
- Each unit has been gut renovated with new kitchens, bathrooms, and flooring
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,964
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated apartments and retail space include renovated kitchens, bathrooms, and flooring.
Where is this mixed-use property located?
The property is located at 12 Russell Ave New Rochelle, NY.
What are key features of this property?
This property features: Three‑unit mixed‑use property with two apartments and one storefront; Residential unit mix includes 2 bedrooms/1 bathroom and 3 bedrooms/1 bathroom; Each unit has been gut renovated with new kitchens, bathrooms, and flooring
