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    294 Union Ave New Rochelle, NY 10801

    Sponsored
    For Lease
    Contact for pricing

    5,500 SF Warehouse, Two Drive-Ins

    Lot size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,500-square-foot warehouse property in New Rochelle, New York, presents a fantastic leasing opportunity. Located at 294 Union Ave, in Westchester County, this industrial space is ideally suited for a variety of businesses. The building is classified as both a warehouse and a commercial building, offering versatile usage potential. The property features two drive-in bays for convenient loading and unloading, along with ample ceiling height at 15 feet, providing generous vertical storage capacity. While the total building area is 5,500 square feet, the space is currently available in two divisible units, each measuring 2,750 square feet. This allows for flexibility depending on individual business needs, with a maximum contiguous space of 2,750 square feet. The property also includes two parking spaces for added convenience. The entire 5,500 square feet is currently vacant and ready for immediate occupancy. This prime location in New Rochelle, NY, zip code 10801, offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and distribution capabilities. The property's multiple tenancy designation suggests a history of successful occupancy, further highlighting its suitability for a range of commercial uses.

    Property Features for 294 Union Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,500 SF

    Unit(s) available at that property

    Space
    Unit 2
    Size
    2,750 SF
    Space
    Unit 1
    Size
    2,750 SF

    HighLights

    • 5,500 SF warehouse in New Rochelle, NY.
    • 15‑foot ceiling height.
    • Two drive‑in doors.
    • One mile from I‑95.
    • Divisible into two 2,750 SF units.
    • Two parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -73.797618
    Latitude
    40.908608

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    FAQs

    What type of property is this?
    Individual retail property - 5,500 SF Warehouse, Two Drive-Ins
    Where is this individual retail property located?
    The property is located at 294 Union Ave New Rochelle, NY.
    What are key features of this property?
    This property features: 5,500 SF warehouse in New Rochelle, NY.; 15-foot ceiling height.; Two drive-in doors.
    Request Owner's contact information
    294 Union Ave New Rochelle, NY 10801
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    New Rochelle, NY 10801
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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
    294 Union Ave New Rochelle, NY 10801
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