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Mixed-Use Building with Restaurant

94 Union Ave New Rochelle, NY 10801

94 Union Ave, New Rochelle, NY, 10801
$1,149,000
For Sale
$1,149,000

Mixed-use property includes a restaurant level and two separate residential units with individual utility metering.

Days on Market110

Property Features for 94 Union Ave

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1965
Listing agency REALMART REALTY LLC
Listed by Shuai Zheng
Source Elliman
Added: Apr 3 Updated: Jul 20 at 7:48PM Checked: Jul 21 at 5:06AM

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 REALMART REALTY LLC


Investment Insights

Based on property information with market context.

This mixed-use building offers ground-floor restaurant space and two residential apartments on the second floor. The restaurant is approximately 2,800 square feet and is currently operating as a Cocina Mexicana & Tequila Bar, with seating approved for 84 guests and a 14-seat bar. The spacious dining layout is also suitable for hosting events.

The building includes one 1-bedroom apartment and one 2-bedroom apartment above the restaurant. All units have separate utility meters, and tenants are responsible for their own heating and electricity. The restaurant lease is in place through 2029, and tenants cover 50% of any property tax increase over the 2021 base year.

The combined setup provides an income-producing configuration with independent living units and an operating food-and-beverage component under a current long-term lease.

Key Highlights

  • 1965 mixed‑use building with ground‑floor restaurant plus two residential units (1BR and 2BR)
  • Restaurant space: approx. 2,800 sq ft with seating approved for 84 guests and a 14‑seat bar
  • Restaurant lease rent is $3,311/month with lease term through 2029; tenants cover 50% of property tax increases over the 2021 base year

Property Analytics

Location Intelligence

Current Use by Public Records

Sin Frontera Restaurant ... Restaurant

Suggested Use

(Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Clothing & Fashion Store Home Appliance Store (Bike/Boat/Book/etc) Store Bed & Breakfast Pet Store Pet Store & Service Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property includes a restaurant level and two separate residential units with individual utility metering.
Where is this mixed-use property located?
The property is located at 94 Union Ave New Rochelle, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 1965 mixed‑use building with ground‑floor restaurant plus two residential units (1BR and 2BR); Restaurant space: approx. 2,800 sq ft with seating approved for 84 guests and a 14‑seat bar; Restaurant lease rent is $3,311/month with lease term through 2029; tenants cover 50% of property tax increases over the 2021 base year
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