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Medical Office/Retail Property 481 Main St

24,500 SF 100% Leased Office Building New Rochelle, NY 10801 For Sale

Investment Highlights

  • Prime Downtown Location
  • Primarily Medical
  • Located Next to 2 Major Developments Under Construction/ Approval State that will add Over 800 Residential Units
  • Close to Metro North Railroad and I-95
  • Fully Renovated Offices
  • Within Walking Distance Of The Proposed LINC Rail Which Will Connect Downtown with Main Street and the Metro-north Train Station

Executive Summary

Royal Properties, Inc. is pleased to exclusively present the opportunity to purchase a 5-story retail/office building with built-out medical and standard offices and a long-standing retail tenant

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
24,500 SF
Building Class
C
Year Built/Renovated
1929/2022
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
4,900 SF
Slab To Slab
8’
Building FAR
5.00
Lot Size
0.11 AC
Zoning
DB - Downtown Business District

Amenities

  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Madrag Is The Ultimate Fashion Destination When Someone Is Searching For The Hottest, On-Trend Styles At The Absolute Lowest Prices. They Satisfy Everyone’s Fashion Cravings, Regardless Of Shape, Personal Style Or Gender. They Are Here To Serve And Fit Their Loyal Customers Unique, Funky And Fearless Looks. They Set The Trends And Stock Their Shelves Daily With A Curated Selection Of New Pieces To Bring People Exclusive Collections Of Ready-To-Wear, Right Off The Runway Club Wear, Sportswear, Shoes, Lingerie And Accessories…All For The Budget Minded Customer. Trust Them, As Soon As Someone Steps Into Any Of Their Stores, They'll Be Making Weekly Trips Back To Check Out The Ever-Changing Latest And Greatest Assortment. And With Bringing People The Most Fashion Forward Junior And Plus Styles, They Have Something For Everyone!

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score ®
Walker's Paradise (98)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1000-000-001-00229-000-0006
Land Assessment
$34,850
Improvements Assessment
$4,700
Total Assessment
$39,550
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 33622701

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 481 Main St, New Rochelle, NY 10801

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