For Sale
1 / 6
Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the New Rochelle market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.