92 North Ave, New Rochelle, NY 10801

Listing office Houlihan Lawrence r***@houlihanlawrence.com Show Phone

Listing date Sep 18, 2024

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Overview

This unique property portfolio, known as the North & Union Assemblage, is located in New Rochelle and consists of three parcels totaling 0.56 acres. Situated at 92 and 80 North Avenue, the assemblage offers a combined lot size of 24,383 square feet and a total rentable building area of 15,000 square feet. The property is located in a prime Downtown Overlay Zone (DO-3), offering possibilities for development. The assemblage presents a lucrative investment with potential bonuses under the community benefit program. A maximum height allowance of a 10-story building is possible, subject to city approval. The property features a strategic 195-foot frontage and high traffic counts, adding to its appeal for commercial or mixed-use development.

Suggested Use

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

-73.778168

Latitude

40.906422

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FAQs

What type of property is this?

Commercial land - Three parcels totaling 0.56 acres in New Rochelle.

Where is this commercial land located?

The property is located at 92 North Ave New Rochelle, NY.

What is the asking price?

The asking price for this property is $5,950,000.

What are key features of this property?

This property features: Prime Downtown Overlay Zone (DO‑3) location in New Rochelle.; Development potential with a maximum height allowance of a 10‑story building (subject to city approval).; Large 0.56‑acre assemblage (24,383 SF lot size).