Seven-Unit Brick Apartment
For Sale
Contact for pricing
Pending
20 Bonnefoy Place, New Rochelle, NY 10805
Seven-unit brick building featuring a mix of 2- and 3-bedroom units and natural gas furnace heating.
Property SizeContact for details
Days on Market122
Property Features for 20 Bonnefoy Place
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
Downtown Overlay zone
Additional Details
Cap Rate
7.4%
Multifamily Units
7
Building Details
Tenancy
Multi
Listing Agency:
Century 21 Marciano
Listed By:
Anthony Marciano · License #NY
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 10 at 1:20PM
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 Century 21 Marciano
Investment Insights
Based on property information with market context.
This is a 7-unit brick apartment building offering two 2-bedroom/1-bath apartments and five 3-bedroom/1-bath units. The property is rent stabilized and features natural gas furnace heating for the entire building. Most units have long-term tenants, with only two units not occupied by long-term tenants at the time of the provided remarks. The building also provides access to a rear yard suitable for garbage storage.
The property is described as being in close proximity to blossoming downtown New Rochelle and the Metro North Railroad.
As provided in the current rent roll and expense estimates, income is approximately $171,000 with expenses of approximately $60,000, resulting in a stated $111,000 NOI and a 7.4% cap rate. The building is located in the Downtown Overlay zone, which is referenced as a potential pathway for future high-rise development.
The property is described as being in close proximity to blossoming downtown New Rochelle and the Metro North Railroad.
As provided in the current rent roll and expense estimates, income is approximately $171,000 with expenses of approximately $60,000, resulting in a stated $111,000 NOI and a 7.4% cap rate. The building is located in the Downtown Overlay zone, which is referenced as a potential pathway for future high-rise development.
Key Highlights
- Seven‑unit brick building with 2 two‑bedroom/1‑bath apartments and five three‑bedroom/1‑bath units
- Rent stabilized building with long‑term tenants in all but two units
- Natural gas furnace heating for the entire building
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,468
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit brick building featuring a mix of 2- and 3-bedroom units and natural gas furnace heating.
Where is this apartment building located?
The property is located at 20 Bonnefoy Place New Rochelle, NY.
What are key features of this property?
This property features: Seven‑unit brick building with 2 two‑bedroom/1‑bath apartments and five three‑bedroom/1‑bath units; Rent stabilized building with long‑term tenants in all but two units; Natural gas furnace heating for the entire building
