308 5th Ave New Rochelle, NY 10801

Building Details

Year Built 1950

Listing Agency: COMPASS GREATER NY, LLC g***@compass.com Show Phone

Listed By: Geno M. George Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Jul 6 Last Checked: Jul 28 at 6:28AM

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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 COMPASS GREATER NY, LLC

Investment Insights

Based on property information with market context.

This multifamily property is currently leased to Iona University tenants. It includes a separate two-car garage that is rented on a month-to-month basis, providing additional income. The property also features coin-operated laundry machines, which are included in the sale and offer further revenue opportunities. The property is located close to campus, shopping, and transportation.

Key Highlights

• Leased to Iona University tenants, providing immediate rental income.
• Prime location close to campus, shopping, and transportation.
• Separate two‑car garage rented on a month‑to‑month basis for extra income.

Property Analytics

Property Profile Location Intelligence

Current Use

Multifamily properties

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Hotel & Motel Real Estate Agency Florist Tanning Salon

Zoning and permitted uses should be independently verified with authorities.

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property near campus with income potential.

Where is this multifamily property located?

The property is located at 308 5th Ave New Rochelle, NY.

What is the asking price?

The asking price for this property is $1,125,000.

What are key features of this property?

This property features: Leased to Iona University tenants, providing immediate rental income.; Prime location close to campus, shopping, and transportation.; Separate two‑car garage rented on a month‑to‑month basis for extra income.