69 Pelham Rd New Rochelle, NY 10805
- Gas stations
- 0.09 lot acres
Current Use by Public Records
- Echo Bay Services Station Inc / Auto Repair Shop
Property Details for 69 Pelham Rd
- Lot size
- 0.09 lot acres
- Property type
- Gas stations
- APN
- 551000 1-209-0070
- APU
- 55100012090070
Description
This exceptional mixed-use property at 69 Pelham Road in New Rochelle, New York, presents a rare investment opportunity. The 5,662 square foot lot currently houses a well-established auto repair business, operating at 100% occupancy since 1999. Boasting stunning waterfront views, this property is ideally situated in a high-traffic area with an average daily count exceeding 11,000 vehicles. The property is zoned NB, offering considerable flexibility for a variety of uses including, but not limited to, retail establishments, banks, health clubs, schools, and professional offices. Its current configuration makes it well-suited for quick-lube services, tire shops, or other auto-related businesses. This presents a unique chance to acquire a substantial property in a desirable location. Furthermore, there's the potential to expand the footprint significantly by acquiring an adjacent 2,614 square foot lot, increasing the total land area to 8,276 square feet and providing 165 feet of frontage. This combined lot offers an unparalleled opportunity to consolidate two parcels in a highly sought-after area of New Rochelle. The asking price for this remarkable property is $1,850,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Rochelle
- County
- Westchester
- State
- New York
- Longitude
- -73.7738
- Latitude
- 40.9068
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
