401 Davenport Ave New Rochelle, NY 10805

OFF-MARKET

Commercial land

Property ID

US63-5188499

0.28 ac lot

Trust Owned 8-yr Hold Free & Clear

Saved · see the list in your Dashboard

This exceptional 1.75-acre property at 401 Davenport Avenue, New Rochelle, NY 10805, offers 58,815 square feet of development potential. Zoned R1-WF-10, it boasts a coveted waterfront location on New Rochelle Harbor, near the Castaways Yacht Club. The site's proximity to downtown New Rochelle provides easy access to major transportation routes and mass transit, connecting residents to New York City. This prime location offers unparalleled views of the marina and Long Island Sound, making it ideal for a luxury development catering to the growing demand for high-end waterfront living. The property includes APNs 1-160-1001, 1002, 1003, 1004 & 1005. Its strategic position near private waterfront amenities, including beaches, pools, tennis clubs, and marinas, enhances its desirability. The site's potential for substantial revenue generation is supported by the influx of high-net-worth individuals and the current market trends favoring luxury real estate. This is a unique opportunity to create a prestigious development in a highly sought-after location.

Property type Commercial land

Use group VACANT COMMERCIAL LAND

Lot 0.28 ac (12,197 SF)

APN 551000 1-160-1001

UPID US63-5188499

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

401 Davenport Ave New Rochelle, NY 10805-2110

New Rochelle metro Census 5902 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$310k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$310k

since 2018

1 recorded transaction

2018

$1.8M

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$1,000,000

0.13 Acres

41 Division S St

VACANT COMMERCIAL LAND

41 Division S St, New Rochelle, NY 10805-2809

View Details
Value Estimation
$285,000

0.13 Acres

17 Drake Ave

VACANT COMMERCIAL LAND

17 Drake Ave, New Rochelle, NY 10805-1506

View Details
Value Estimation
$310,000

0.11 Acres

42 Drake Ave

VACANT COMMERCIAL LAND

42 Drake Ave, New Rochelle, NY 10805-1507

View Details
Value Estimation
$275,000

0.19 Acres

15 Drake Ave

VACANT COMMERCIAL LAND

15 Drake Ave, New Rochelle, NY 10805-1506

View Details
Value Estimation
$335,000

0.27 Acres

401 Davenport Ave

VACANT COMMERCIAL LAND

401 Davenport Ave, New Rochelle, NY 10805-2110

View Details
Value Estimation
$290,000

0.10 Acres

15 Water St

VACANT COMMERCIAL LAND

15 Water St, New Rochelle, NY 10805-2273

View Details

Similar Nearby for Sale

Contact for pricing

Seven-Unit Brick Apartment Building

Seven-unit brick building featuring a mix of 2- and 3-bedroom units and natural gas furnace heating.

20 Bonnefoy Place, New Rochelle, NY 10805

View Details
New

$1,200,000

Duplex Property with Attached Garage

Two spacious apartments feature hardwood floors, updated finishes, private primary suites, and shared laundry access.

162 Woodland Ave, New Rochelle, NY 10805

View Details
Contact for pricing
9,000 SF

Buildable Multifamily Apartment Shell

Buildable lot with 1st- and 2nd-floor apartment shell interior and an in-ground pool requiring lining.

35 Trinity Pl, New Rochelle, NY 10805

View Details
New

$1,359,000

4,842 SF

Spacious Colonial Two-Family Residence

Grand 4,842 sq. ft. Colonial in New Rochelle.

39 Neptune Ave, New Rochelle, NY 10805

View Details
Contact for pricing
2,000 SF

Waterfront Restaurant with Outdoor Patio

Waterfront restaurant with renovated patio on Long Island Sound.

94 Hudson Park Rd, New Rochelle, NY 10805

View Details
New

$1,150,000

0.42 Acres

Updated Victorian Duplex

Two-unit Victorian home with private entrances, flexible finished attic space, and substantial recent improvements.

81 Woodland Avenue, New Rochelle, NY 10805

View Details