481 Main St New Rochelle, NY 10801
- Office buildings
- 0.10 lot acres
Current Use by Public Records
- Computer Solutions East / Computer Wholesaler / Computer Support And Services
- SSTC Transportation / Bus Charter
- WICT DEVELOPMENT CORPORATION / Employment Center
- Ms. Edili Maldonado / Counselor
- Schroeder Mary / Psychologist
Property Details for 481 Main St
- Lot size
- 0.10 lot acres
- Property type
- Office buildings
- APN
- 551000 1-229-0006
- APU
- 55100012290006
Description
This exceptional 24,500 square foot, five-story multi-tenant office building is located at 481 Main Street in New Rochelle, New York, (zip code 10801). The property, built in 1929 and extensively renovated in 2022, boasts a Class C designation and features a mix of medical, storefront, and traditional office spaces across 15 units, currently operating at 100% occupancy. The building sits on a 0.11-acre lot (APN 1-229-0006) and is zoned DB. Recent improvements include a complete granite façade renovation, new front entrance, exterior lighting and awning (2013), a new gas boiler/burner (2012), removal of an underground fuel tank (2019), and the replacement of three rooftop AC units with 10-year warranties (April 2024), as well as additional AC unit replacements in 2023, 2022, and 2020. Its prime downtown location offers easy access to Metro-North Railroad and I-95, and benefits from its proximity to two major developments under construction/approval that will add over 800 residential units, and the proposed LINC Rail connecting downtown to Main Street and the Metro-North train station. This owner-user investment opportunity presents a compelling combination of strong tenancy and significant recent upgrades.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Rochelle
- County
- Westchester
- State
- New York
- Longitude
- -73.7811
- Latitude
- 40.9095
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
