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    40 Memorial Hwy New Rochelle, NY 10801

    For Lease
    Contact for pricing

    Two Suites Available, 1915-2395 SF

    Lot size:
    4,310 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 40 Memorial Highway in New Rochelle, New York, offers two available suites totaling 4,310 square feet. Ideally situated in Westchester County, this street-level retail space is perfect for a variety of uses, including medical offices and fitness centers. The property is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two separate businesses to lease individual units. Each suite offers a minimum of 1,915 square feet, with a maximum contiguous space of 2,395 square feet. The building's convenient location in New Rochelle, with its vibrant commercial district and strong demographics, ensures high visibility and foot traffic. This is an excellent chance to establish a presence in a thriving market. The property's address is 40 Memorial Highway, New Rochelle, NY 10801. The zip code is 10801. The property is classified as street retail, medical, and fitness. The total number of suites in the building is two. This is a multi-tenant property. The property is categorized as retail. The total building square footage is 4,310 square feet. This presents a rare opportunity to secure a prominent retail location in a desirable area. Serious inquiries are encouraged.

    Property Features for 40 Memorial Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,310 SF

    Unit(s) available at that property

    Space
    Suite A
    Size
    1,915 SF
    Space
    Suite B
    Size
    2,395 SF

    HighLights

    • 4,310 SF of street‑level retail space available in two suites (minimum 1,915 SF each, max contiguous 2,395 SF) at 40 Memorial Highway, New Rochelle, NY 10801.
    • Located at the base of a 588‑unit residential building.
    • Outdoor seating opportunity.
    • Over 4,000 new residential units are coming to the New Rochelle market, increasing demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Platinum cloud Men'S Clothing Store Adroit Capital Group Investment Bank Paula Sims-Edwards Speech Pathologist Cabas Vargas Jenny ... Doctor

    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
    -73.7836904
    Latitude
    40.9094534

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    FAQs

    What type of property is this?
    Individual retail property - Two Suites Available, 1915-2395 SF
    Where is this individual retail property located?
    The property is located at 40 Memorial Hwy New Rochelle, NY.
    What are key features of this property?
    This property features: 4,310 SF of street-level retail space available in two suites (minimum 1,915 SF each, max contiguous 2,395 SF) at 40 Memorial Highway, New Rochelle, NY 10801.; Located at the base of a 588-unit residential building.; Outdoor seating opportunity.
    Request Owner's contact information
    40 Memorial Hwy 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
    40 Memorial Hwy New Rochelle, NY 10801
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