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    601 Main St New Rochelle, NY 10801

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    For Sale
    $1,980,000

    Renovated mixed-use building with residential and commercial units.

    Lot size:
    0.12 Acres

    Property Features for 601 Main St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    2002

    Source: J and P Management Company LLC Agent Joshua D. Cohen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Main Street Mixed-Use Building

    Located on Main Street in New Rochelle, this free market building was fully renovated in 2006. The property features 8 residential units, consisting of 4 studios and 4 one-bedroom apartments, along with 2 commercial spaces. Each apartment is equipped with in-unit laundry and central air conditioning. Occupants are responsible for their own utilities, as each apartment has individual mechanical units. A 24-hour surveillance system is in place. The building is conveniently located near shops and transportation and is fully leased.
    Insight Report Location Intelligence

    Current Use by Public Records

    Papa John's Pizza Pizza Restaurant La Brisa Marina ... Peruvian Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Rochelle
    County
    Westchester
    State
    New York
    Longitude
    -73.7851864
    Latitude
    40.9068163

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use building with residential and commercial units.
    Where is this mixed-use property located?
    The property is located at 601 Main St New Rochelle, NY.
    What is the asking price?
    The asking price for this property is $1,980,000.
    What are key features of this property?
    This property features: - Fully leased free market building in a convenient New Rochelle location.; - Eight residential units (mix of studios and one-bedrooms) plus two commercial spaces.; - Each apartment features **in-unit laundry and central AC**.
    (914) 668-6680
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Main St New Rochelle, NY 10801
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