Fully Leased Mixed-Use
For Sale
$2,850,000
320 Webster Avenue, New Rochelle, NY 10801
One-story masonry building with Neighborhood Business zoning and established tenancy.
Property Size8,105 SF
Lot Size0.21 Acres
Price / SF$351.63
Days on Market51
Property Features for 320 Webster Avenue
General Information
Standard status
Active
Size
8,105 SF
Lot size
0.21 Acres
Property subtype
Mixed Use
Zoning
Neighborhood Business (NB) / C-1
Occupancy
100%
Additional Details
Gross Income
$180,000
Taxes and HOA fees
Annual Taxes
$38,142
Building Details
Building Size
8,105 SF
Buildings
1
Stories
1
Construction
masonry
Listing Agency:
Link NY Realty
Listed By:
Valon Nikci · License #10491202180
(646) 321-9428
Source:
Cottiemaxwellrealestate
Added: Aug 24
Changed: Oct 10
Last Checked: Oct 13 at 1:27AM
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 Link NY Realty
Investment Insights
Based on property information with market context.
This one-story masonry mixed-use property at 320 Webster Avenue includes approximately 8,105 SF of building area and approximately 6,127 SF of gross leasable area. The improvements occupy a 0.21-acre lot measuring 9,147.6 SF, and the property is fully leased. Zoning is designated Neighborhood Business (NB) / C-1, supporting the existing commercial configuration and potential future repositioning within the stated land-use framework.
The property is located in New Rochelle, NY, approximately 0.8 miles from the New Rochelle Metro-North Station and 1.3 miles from the Pelham Metro-North Station. Webster Avenue provides the immediate street setting. WalkScore is 86, BikeScore is 58, and TransitScore is 48, reflecting the property's walkability, bike access, and available transit connections.
The property is located in New Rochelle, NY, approximately 0.8 miles from the New Rochelle Metro-North Station and 1.3 miles from the Pelham Metro-North Station. Webster Avenue provides the immediate street setting. WalkScore is 86, BikeScore is 58, and TransitScore is 48, reflecting the property's walkability, bike access, and available transit connections.
Key Highlights
- Fully leased one‑story masonry mixed‑use property
- Approximately 8,105 SF of building area
- Approximately 6,127 SF of gross leasable area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$171,376
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - One-story masonry building with Neighborhood Business zoning and established tenancy.
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: Fully leased one‑story masonry mixed‑use property; Approximately 8,105 SF of building area; Approximately 6,127 SF of gross leasable area
