Property profile

451 Main St New Rochelle, NY 10801

FOR LEASE
Office buildings
Property ID
US63-1371100
0.12 ac lot
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional three-story, Class A commercial property at 451 Main Street, New Rochelle, NY 10801 (corner of LeCount Pl.) offers 18,260 square feet of versatile space ideal for various uses, including traditional office, coworking, and medical office. The building boasts a unique historic designation and is situated in the heart of downtown New Rochelle. Currently, 13,430 square feet is available, with minimum divisible space of 3,295 square feet and a maximum contiguous space of 5,570 square feet. The building features three suites, a 12-14 foot ceiling height, and ample natural light. Utilities are metered separately for gas and electric on each floor. The HVAC system includes heat pump units and supplemental gas-powered boilers. ADA-compliant restrooms are located on the first and third floors, with additional restrooms on the mezzanine and in the basement. The building offers a 1,200-amp electrical service, a fully functioning sprinkler system, and one elevator servicing the first floor and mezzanine. Street and municipal garage parking is available. Basement storage space is also included. Zoning is Downtown Business. This property presents a rare opportunity to lease a full floor or a portion thereof in a landmark building.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.12 ac (5,227 SF)
APN 551000 1-228-0001
UPID US63-1371100

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Law Firm

Location

451 Main St New Rochelle, NY 10801
New Rochelle metro Census 6000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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