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    112 North Ave New Rochelle, NY 10801

    For Sale
    $3,300,000

    8,300 SF commercial space with restaurant/bar and parking.

    Lot size:
    0.66 Acres

    Property Features for 112 North Ave

    General Information

    Lot size
    0.66 Acres

    Building Details

    Year built
    1950

    Source: Century 21 Marciano Agent Pasquale A. Marciano

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

    Overview

    Commercial Space with Restaurant/Bar

    This commercial property, built in 1950, offers 8,300 usable square feet of space across two levels on a 0.66-acre lot. The upper level features a 2,245 square feet auditorium along with 2,057 square feet of office space and conference rooms. The lower level includes a billiard room, storage areas, a bar/restaurant, bathrooms, and a full commercial kitchen. The property also features a large, level lot with 29 parking spaces. This property is being offered for sale for the first time since its construction.
    Insight Report Location Intelligence

    Current Use by Public Records

    American Legion Banquet Hall

    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.

    Similar Places Nearby

    Town House Kitchen + Drinks, Shooters Bar, dfrgt444, Drake Main Cafe & Lounge, sadasdsa

    Location Insight

    • Map
    • Local Demand
    City
    New Rochelle
    County
    Westchester
    State
    New York
    Longitude
    -73.7786703
    Latitude
    40.9069853

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    FAQs

    What type of property is this?
    Bar - 8,300 SF commercial space with restaurant/bar and parking.
    Where is this bar located?
    The property is located at 112 North Ave New Rochelle, NY.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - 8,300 usable square feet of commercial space.; - Large 0.66 acre lot with **29 parking spaces**.; - **Upper level**: 2,245 sq ft auditorium plus 2,057 sq ft office/conference space.
    (914) 235-4996
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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
    112 North Ave New Rochelle, NY 10801
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