Approved Mixed-Use Redevelopment
For Sale
Contact for pricing
Pending
42 Purchase St, Rye, NY 10580
B2-zoned asset with approved plans for retail and residential components.
Property SizeContact for details
Lot Size0.11 Acres
Days on Market143
Property Features for 42 Purchase St
General Information
Standard status
Pending
Lot size
0.11 Acres
Property subtype
Retail
Zoning
B2
Units
Unit Mix
4 x 1BR, 4 x 2BR
Multifamily Units
8
Building Details
Buildings
1
Stories
3
Listing Agency:
Compass Greater NY, LLC
Listed By:
Gena DiDonato · License #NewYork 10301209895
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 5:42AM
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 Compass Greater NY, LLC
Investment Insights
Based on property information with market context.
This mixed-use property at 42 Purchase St in Rye, NY occupies a 4,900 SF site and includes an existing structure approved for renovation. Planning commission approval provides for 11,587 SF of total development, with two retail units on the first floor and eight residential units across the second and third floors.
The approved residential program includes four one-bedroom units and four two-bedroom units. Positioned in downtown Rye City, the property is near shopping, restaurants, and other conveniences, with access to New York City identified in the property information.
The approved residential program includes four one-bedroom units and four two-bedroom units. Positioned in downtown Rye City, the property is near shopping, restaurants, and other conveniences, with access to New York City identified in the property information.
Key Highlights
- Planning commission approval for renovation and mixed‑use redevelopment
- 4,900 SF site in downtown Rye City
- Approved total of 11,587 SF
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
Demographics for 10580, NY
18,268
Population
6,614
Households
2.8
Avg Household Size
42
Median Age
81%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,175
Density / Sq Mi
$242,015
Median Household Income
$109,510
Median Earnings
$2,764
Median Rent
$1,834,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - B2-zoned asset with approved plans for retail and residential components.
Where is this mixed-use property located?
The property is located at 42 Purchase St Rye, NY.
What are key features of this property?
This property features: Planning commission approval for renovation and mixed‑use redevelopment; 4,900 SF site in downtown Rye City; Approved total of 11,587 SF
