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442 North Ave
New Rochelle, NY 10801

New Rochelle Development Site - 8,000 SF Site · Specialty Property For Sale · 3,800 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
  • Multifamily Dormitory
Building Class C
Lot Size 0.06 AC
Building Size 3,800 SF
No. Stories 3
Year Built 1905

About 442 North Ave , New Rochelle, NY 10801

This two-family building is strategically located on North Avenue, in the DOZ-5 zone, which, if purchased along with neighboring 444 North Avenue, gives the new owner approximately 8,000 SF of land. Per NA zoning, the land would have approximately 17,000 BSF. However, with DOZ-5 incentives, additional stories may be permitted, with some estimates allowing up to 30 units (must verify with own architect and gain City approval). Purchasing both properties (442 and 444 North) would give new owners the entire frontage between Eblens Shoe Store and the corner Gas Station. In an area where new development sites are hard to find, this is a gem - walking distance from the Metro-North, Iona College, and much more. If purchased alone (442 North), this is still a great investment opportunity for someone who wants to own an income-producing, turn-key, multi-family property in the heart of New Rochelle.

zoning

Zoning Code North Ave (NA) Commercial (DOZ-5)
North Ave (NA) Commercial (DOZ-5)
  • Listing ID: 17343836

  • Date on Market: 10/2/2019

  • Last Updated:

  • Address: 442 North Ave, New Rochelle, NY 10801

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