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    Retail Property in New Rochelle Title is generated by Realmo AI

    69-77 Pelham Rd, New Rochelle, NY

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    Retail property available for sale in New Rochelle, NY.

    Type:RETAIL
    Property size:
    8,276 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $296/SF
    Added:
    May 22, 2025
    Days on Market:
    408
    Last Refresh:
    May 20 at 10:01 pm

    Property Features for 69-77 Pelham Rd

    General Information

    Standard status
    Active
    Size
    8,276 SF
    Lot size
    0.21 Acres
    Property subtype
    RETAIL

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    Garry Klein
    Garry Klein

    Listing office Houlihan Lawrence Commercial Real Estate Group

    Listing date May 22, 2025

    Source Moodyscre

    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 Houlihan Lawrence Commercial Real Estate Group

    HighLights

    • Retail property for sale
    • Located in New Rochelle, NY

    Overview

    This retail property, located at 69-77 Pelham Rd in New Rochelle, NY, offers a total area of 8276 square feet. The property is suitable for retail and other retail purposes.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $288.0k $34.80
    − Vacancy −$38.0k −$4.59
    EGI $250.0k $30.21
    − OpEx −$75.0k −$9.06
    NOI $175.0k $21.14
    8,276 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.50M
    $2.19M – $2.92M (±1% cap)
    NOI $174,992 @ 7.0% cap · market cap 7.14%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    (Bike/Boat/Book/etc) Store Clothing & Fashion Store Bed & Breakfast Nursing Home Catering Service Acupuncture Nursing Home Restaurant Restaurant Clothing & Fashion Store

    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
    -73.7738
    Latitude
    40.9069

    FAQs

    What type of property is this?
    Retail property - Retail property available for sale in New Rochelle, NY.
    Where is this retail property located?
    The property is located at 69-77 Pelham Rd New Rochelle, NY.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: Retail property for sale; Located in New Rochelle, NY
    (914) 588-1585 Call to check price and availability
    More about this property
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