308 5th Ave, New Rochelle, NY 10801

Building Details

Year Built

1950

Listing office COMPASS GREATER NY, LLC g***@compass.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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

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Overview

This multifamily property is currently leased to Iona University tenants. It includes a separate two-car garage that is rented on a month-to-month basis, providing additional income. The property also features coin-operated laundry machines, which are included in the sale and offer further revenue opportunities. The property is located close to campus, shopping, and transportation.

Suggested Use

Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store Real Estate Agency Florist (Bike/Boat/Book/etc) Store Tanning Salon Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New Rochelle

County

Westchester

State

New York

Longitude

-73.7785

Latitude

40.9276

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FAQs

What type of property is this?

Multifamily property - Multifamily property near campus with income potential.

Where is this multifamily property located?

The property is located at 308 5th Ave New Rochelle, NY.

What is the asking price?

The asking price for this property is $1,125,000.

What are key features of this property?

This property features: Leased to Iona University tenants, providing immediate rental income.; Prime location close to campus, shopping, and transportation.; Separate two‑car garage rented on a month‑to‑month basis for extra income.