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    451 Main St New Rochelle, NY 10801

    Sponsored
    For Lease
    $4 SF/Yr ($6,086 /Mo)

    Historic building, flexible layouts, prime location.

    Lot size:
    18,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional three-story, Class A commercial property at 451 Main Street, New Rochelle, NY 10801 (corner of LeCount Pl.) offers 18,260 square feet of versatile space ideal for various uses, including traditional office, coworking, and medical office. The building boasts a unique historic designation and is situated in the heart of downtown New Rochelle. Currently, 13,430 square feet is available, with minimum divisible space of 3,295 square feet and a maximum contiguous space of 5,570 square feet. The building features three suites, a 12-14 foot ceiling height, and ample natural light. Utilities are metered separately for gas and electric on each floor. The HVAC system includes heat pump units and supplemental gas-powered boilers. ADA-compliant restrooms are located on the first and third floors, with additional restrooms on the mezzanine and in the basement. The building offers a 1,200-amp electrical service, a fully functioning sprinkler system, and one elevator servicing the first floor and mezzanine. Street and municipal garage parking is available. Basement storage space is also included. Zoning is Downtown Business. This property presents a rare opportunity to lease a full floor or a portion thereof in a landmark building.

    Property Features for 451 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,260 SF
    Class
    A
    Total Rate
    6086.67

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    3,295 SF
    Rate per SF
    $27
    Space
    Available Space 3
    Size
    3,500 SF
    Rate per SF
    $4

    HighLights

    • Highly versatile space in the rapidly developing New Rochelle Downtown area, experiencing a surge in luxury high‑rise residential construction.
    • Excellent location, just blocks from the New Haven Railroad Station, directly across from the New Rochelle Entertainment Center, and near abundant amenities including bus routes, banks, restaurants, and I‑95.
    • Full‑service elevator access to all floors except the basement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Interventional Physical Medicine ... Pain Control Clinic Tus Abogados Locales Personal Injury Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -73.77977856
    Latitude
    40.91010073

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    FAQs

    What type of property is this?
    Restaurant - Historic building, flexible layouts, prime location.
    Where is this restaurant located?
    The property is located at 451 Main St New Rochelle, NY.
    What is the lease rate?
    The lease rate is $4-$27 SF/Yr.
    What are key features of this property?
    This property features: Highly versatile space in the rapidly developing New Rochelle Downtown area, experiencing a surge in luxury high-rise residential construction.; Excellent location, just blocks from the New Haven Railroad Station, directly across from the New Rochelle Entertainment Center, and near abundant amenities including bus routes, banks, restaurants, and I-95.; Full-service elevator access to all floors except the basement.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    451 Main St New Rochelle, NY 10801
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