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457 North Ave - One Acre corner of Lincoln Former Mavis

0.97 Acres of Residential Land Offered at $10,000,000 in New Rochelle, NY 10801

Executive Summary

Seller is willing to be creative to get deal done. Lease with option or contract to by. Proceeds can be back ended till after construction is complete.

Property Facts

Price $10,000,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.97 AC

1 Lot Available

Lot

Price $10,000,000
Price Per AC $10,309,278
Lot Size 0.97 AC

Description

One acre high visibility at exit 16 of I-95. Former Mavis and Devonshire Tire store, since razed. One of the most prominent corners in all of Westchester.  Trophy location really as Lincoln Ave is essentially the extension from the eastern end of the Cross County Parkway.   I-287 about 15 miles north through White plains is the only other thoroughfare to cross the county going east or west. Also for lease. Sellers will be very creative with terms. Near City Hall, Iona U, Police and City Hall. Could be assembled. 46,000 sq ft land, former family court site is across North Ave in the same zone. Since 2015, over 2.2 billion and 7,000 units have been developed in downtown New Rochelle. A list of these developments can be found at http://www.101010nr.com/maps/index.asp

Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code Overlay Zone 5 Wellness (Mixed use residential/commercial.)
Overlay Zone 5 Wellness (Mixed use residential/commercial.)
  • Listing ID: 28532776

  • Date on Market: 5/19/2023

  • Last Updated:

  • Address: 457 North Ave, New Rochelle, NY 10801

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