Ground-Leased Mixed-Use
70 Nardozzi Pl New Rochelle, NY 10805
70 Nardozzi Pl, New Rochelle, NY, 10805
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For Sale
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Fee interest offered subject to an existing ground lease with municipal and LA Fitness uses and above-grade parking.
Property Size169,321 SF
Days on Market93
Property Features for 70 Nardozzi Pl
General Information
- Standard status
- Active
- Size
- 169,321 SF
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 2021
Listing agency
JLL - New York City, New York
Listed by
Alex Geanakos · License #IL: #475.189621
Source
Crexi
Added: Apr 20 Updated: Jul 20 at 5:22PM Checked: Jul 20 at 5:22PM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
The offering presents the fee position in a ground-leased mixed-use development at 70 Nardozzi Place, New Rochelle, New York. The site is subject to an existing ground lease with approximately 91.8 years remaining, expiring in January 2118. Improvements include municipal offices at grade level, LA Fitness and Dello Russo Laser Vision on the second level, and an above-grade parking field supporting the property.
The site is positioned about 20 miles from Manhattan and is described as a transportation hub given its proximity to Amtrak and Metro-North railway networks. The property also has accessibility to major highways including I-95, Boston Post Road (US-1), and the Hutchinson River Parkway.
In addition to its mixed-use improvements, the asset is offered as land and includes the ground lease structure through the stated lease term.
The site is positioned about 20 miles from Manhattan and is described as a transportation hub given its proximity to Amtrak and Metro-North railway networks. The property also has accessibility to major highways including I-95, Boston Post Road (US-1), and the Hutchinson River Parkway.
In addition to its mixed-use improvements, the asset is offered as land and includes the ground lease structure through the stated lease term.
Key Highlights
- Fee interest offered subject to an existing ground lease with 91.8 years remaining (expiration January 2118).
- Mixed‑use development includes City of New Rochelle municipal offices at grade level.
- Second level is leased to LA Fitness and Dello Russo Laser Vision.
Property Analytics
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar For Sale Nearby
Similar Off Market Nearby
- Spotlight Gymnastics — 901 Pelhamdale Ave, Pelham Heights, NY 10803
- Energia LLC — 987 Main St, New Rochelle, NY 10801
- Ftnss Studio — 981 Main St, New Rochelle, NY 10801
- iCryptex Training — 1045 Grant Ave, Pelham, NY 10803
- New York Athletic Club Yacht Club — 36 Neptune Island Rd, New Rochelle, NY 10805
FAQs
What type of property is this?
Fitness center & gym - Fee interest offered subject to an existing ground lease with municipal and LA Fitness uses and above-grade parking.
Where is this fitness center & gym located?
The property is located at 70 Nardozzi Pl New Rochelle, NY.
What are key features of this property?
This property features: Fee interest offered subject to an existing ground lease with 91.8 years remaining (expiration January 2118).; Mixed‑use development includes City of New Rochelle municipal offices at grade level.; Second level is leased to LA Fitness and Dello Russo Laser Vision.