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    183 Drake Ave, Unit 1-O New Rochelle, NY 10805

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    For Sale
    $129,000

    One-bedroom co-op with parking, near train and park.

    Lot size:
    3.17 Acres

    Property Features for 183 Drake Ave

    General Information

    Lot size
    3.17 Acres

    Building Details

    Year built
    1962

    Source: Coldwell Banker Signature Prop Agent Eldis Nikocevic

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

    Overview

    Co-op with Parking in New Rochelle

    This one-bedroom co-op in New Rochelle offers an affordable living space with dog-friendly policies. The property is conveniently located minutes from the train, providing an easy commute to Manhattan, and close to Glen Island Park, which offers beach access, boating, and picnic areas. The unit features a bright and spacious living room/dining area, an updated kitchen with stainless steel appliances and granite countertops, a queen-size bedroom, a small alcove suitable for an office nook, and a modern bathroom. The monthly maintenance fee of $917.00 includes heat, hot water, and one parking space. An additional parking space is available for rent at $50.00 per month. A minimum down payment of 10% is required.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -73.7862833
    Latitude
    40.8964009

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    FAQs

    What type of property is this?
    Apartment building - One-bedroom co-op with parking, near train and park.
    Where is this apartment building located?
    The property is located at 183 Drake Ave, Unit 1-O New Rochelle, NY.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - Affordable co-op with included parking; - Convenient location: Minutes to train for Manhattan commute and close to Glen Island Park; - Updated kitchen with stainless steel appliances and granite countertops
    (914) 839-4479
    Request Owner's contact information
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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
    183 Drake Ave, Unit 1-O New Rochelle, NY 10805
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