Multifamily Property Near Iona
For Sale
$1,125,000
308 5th Ave, New Rochelle, NY 10801
Multifamily property near campus with income potential.
Property SizeContact for details
Days on Market303
Property Features for 308 5th Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Building Details
Year Built
1950
Listing Agency:
Compass Greater NY, LLC
Listed By:
Joseph Lukic
(914) 752-8763
Source:
Realtyconnectusa
Added: Nov 28, 2025
Changed: Sep 10
Last Checked: Sep 26 at 10:13AM
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
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Current Use
Location Intelligence
Trade Area within ½ mile
931
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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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.
