Spacious Unit in Trinity
For Sale
$265,000
Pending
126 Church St 2D, New Rochelle, NY 10805
Two-bedroom unit near transportation, shopping, and waterfront.
Property Size1,000 SF
Lot Size2.66 Acres
Days on Market269
Property Features for 126 Church St 2D
General Information
Standard status
Pending
Size
1,000 SF
Lot size
2.66 Acres
Property subtype
Residential
Building Details
Building Size
1,000 SF
Year Built
1957
Listing Agency:
(914) 438-2363
Listed By:
Linda Valenti
(914) 438-2363
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 11
Last Checked: Aug 22 at 8:13AM
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 Linda Valenti
Investment Insights
Based on property information with market context.
A spacious unit featuring two bedrooms and 1.5 bathrooms is available in Trinity Co-Op. The unit includes an updated kitchen equipped with stainless steel appliances and wood floors. Comfortably sized rooms are present throughout the unit. On-site parking is available. The building offers a newer laundry room and a storage room. All utilities are included in the maintenance. The building is located within walking distance of Metro North, the Bee Line 45 bus, Davenport Park, Hudson Park, shopping, restaurants, and New Roc City. New Rochelle offers nightlife and a growing art scene.
Key Highlights
- All utilities included in maintenance fees.
- Walking distance to Metro North train station for easy commuting.
- Updated kitchen with stainless steel appliances.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,152
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$343,040
$343.0K
Cap Rate 7%
$245,029
$245.0K
Cap Rate 9%
$190,578
$190.6K
Market Conditions
NOI Build-Up for 1,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$33.0K $33.00/SF
− Vacancy
−$1.8K −$1.82/SF
EGI
$31.2K $31.19/SF
− OpEx
−$14.0K −$14.03/SF
NOI
$17.2K $17.15/SF
Area
Westchester County, NY
Vacancy
5.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$343,040
Cap Rate 7%
$245,029
Cap Rate 9%
$190,578
Alternative Uses
Best Use
Apartment 5plus
$245.0K
$214.4K – $285.9K
NOI $17,152 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$302.1K
$264.3K – $352.4K
NOI $21,144 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,630
Businesses Nearby
Explore this area
Business Placement
Demographics for 10805, NY
18,479
Population
8,731
Households
2.1
Avg Household Size
44
Median Age
35%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
10,870
Density / Sq Mi
$89,964
Median Household Income
$53,513
Median Earnings
$2,018
Median Rent
$338,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two-bedroom unit near transportation, shopping, and waterfront.
Where is this apartment building located?
The property is located at 126 Church St 2D New Rochelle, NY.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: All utilities included in maintenance fees.; Walking distance to Metro North train station for easy commuting.; Updated kitchen with stainless steel appliances.**
