Leased Mixed-Use Retail
New
For Sale
$2,850,000
320 Webster Avenue, New Rochelle, NY 10801
Commercial Sale, New Rochelle, NY
Property Size8,105 SF
Lot Size0.22 Acres
Price / SF$351.63
Days on Market5
Property Features for 320 Webster Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Basement
Full
Elementary school district
New Rochelle
Middle school district
New Rochelle
High school district
New Rochelle
Standard status
Active
APN
1000-000-004-01330-000-0001
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
38143
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Listing Agency:
Link NY Realty
(646) 827-2256
Listed By:
Valon Nikci · License #10491202180
(646) 321-9428
Added: Aug 24
Changed: Aug 25
Last Checked: Aug 28 at 8:06AM
MLS# 1042414
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This one-story masonry mixed-use property contains approximately 8,105 SF of building area and approximately 6,127 SF of gross leasable area. The building is fully leased and includes a basement, central air, forced-air heating, public water, and public sewer. Its configuration supports retail-oriented commercial occupancy within an established income-producing asset.
The property occupies 320 Webster Avenue in New Rochelle, with access to regional rail connections approximately 0.8 miles from New Rochelle Metro-North Station and 1.3 miles from Pelham Metro-North Station. Zoning is identified as Neighborhood Business (NB) / C-1, providing the stated land-use framework for the property.
The property occupies 320 Webster Avenue in New Rochelle, with access to regional rail connections approximately 0.8 miles from New Rochelle Metro-North Station and 1.3 miles from Pelham Metro-North Station. Zoning is identified as Neighborhood Business (NB) / C-1, providing the stated land-use framework for the property.
Key Highlights
- Approximately 8,105 SF of building area with approximately 6,127 SF of gross leasable area
- Fully leased one‑story masonry mixed‑use property
- Neighborhood Business (NB) / C‑1 zoning
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
$171,376
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
6.01%
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%
$3,427,520
$3.4M
Cap Rate 7%
$2,448,229
$2.4M
Cap Rate 9%
$1,904,178
$1.9M
Market Conditions
NOI Build-Up for 8,105 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
$282.1K $34.80/SF
− Vacancy
−$37.2K −$4.59/SF
EGI
$244.8K $30.21/SF
− OpEx
−$73.4K −$9.06/SF
NOI
$171.4K $21.14/SF
Area
Westchester County, NY
Vacancy
13.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
30.00%
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%
$3,427,520
Cap Rate 7%
$2,448,229
Cap Rate 9%
$1,904,178
Alternative Uses
Best Use
Retail
$2.45M
$2.14M – $2.86M
NOI $171,376 @ 7.0% cap · market cap 6.01%
Second Best
Mixed Use
$1.68M
$1.47M – $1.96M
NOI $117,472 @ 7.0% cap · market cap 4.12%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,225
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 18%
Apparel 9%
Citgo
Shops & Services
5,114 visits/mo
0.3 miles
CubeSmart Self Storage
Shops & Services
3,786 visits/mo
0.5 miles
Carvel Ice Cream
Dining
2,824 visits/mo
0.1 miles
M&T Bank
Shops & Services
2,736 visits/mo
0.3 miles
Snipes
Apparel
1,348 visits/mo
0.5 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - One-story masonry building with established tenancy, flexible NB / C-1 zoning, and access to two Metro-North stations.
Where is this mixed-use property located?
The property is located at 320 Webster Avenue New Rochelle, NY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Approximately 8,105 SF of building area with approximately 6,127 SF of gross leasable area; Fully leased one‑story masonry mixed‑use property; Neighborhood Business (NB) / C‑1 zoning
