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New Rochelle Multifamily Investment Opportunity
For Sale
$1,350,000

132 4th St, New Rochelle, NY 10801

Well-maintained five-family property with garage and parking in New Rochelle.

Days on Market99

Property Features for 132 4th St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1905
Listing Agency: Keller Williams Realty Group
Listed By: Amanda Saraceno · License #10301221987
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 12:54PM

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 Keller Williams Realty Group

Investment Insights

Based on property information with market context.

Located in New Rochelle, NY, the property at 132 4th Street is a legal five-family property. The fully occupied property is a turnkey asset. It features an oversized two-plus-bay garage with loft storage and a long private driveway providing off-street parking. There are six separate gas and six separate electric meters, with tenants responsible for their own utilities. A full unfinished basement provides storage space and Bilco door access. The property is located near the New Rochelle Transit Center and is within walking distance to downtown shops, local dining, and New Roc City. The location provides access to major highways and local parks. The bike score is 64, making it bikeable. The walk score is 97, indicating it is a walker's paradise. The transit score is 58, indicating good transit.

Key Highlights

  • Fully occupied, turnkey legal five‑family property providing immediate rental income.
  • Rare oversized two‑plus‑bay garage with extensive loft storage** and long private driveway offering ample off‑street parking.
  • High‑demand location:** walking distance to New Rochelle Transit Center, downtown shops, dining, and New Roc City.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Pet Store Pet Store & Service Bed & Breakfast Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,802
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained five-family property with garage and parking in New Rochelle.
Where is this apartment building located?
The property is located at 132 4th St New Rochelle, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Fully occupied, turnkey legal five‑family property providing immediate rental income.; Rare oversized two‑plus‑bay garage with extensive loft storage** and long private driveway offering ample off‑street parking.; High‑demand location:** walking distance to New Rochelle Transit Center, downtown shops, dining, and New Roc City.
More about this property
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