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    FOR SALE
    Gas stations

    69 Pelham Rd, New Rochelle, NY 10805

    0.09 ac lot
    Entity Owned 19-yr Hold Free & Clear
    Property ID
    US63-2799594
    Property summary
    AI-generated overview

    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
    Verified
    Property type Gas stations
    Use group GAS STATION
    Lot 0.09 ac (3,920 SF)
    APN 551000 1-209-0070
    UPID US63-2799594
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Echo Bay Services Station Inc Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    HARRY B REALTY INC
    HARRY B REALTY INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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