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110 Lockwood Ave
New Rochelle, NY 10801
Office Property For Sale
EXECUTIVE SUMMARY
REDEVELOPMENT SITE
This 26,000 sq. ft., 4 story building sits on a prime 37,897 sq. ft. site. Located adjacent to Montefiore New Rochelle Hospital and just half a mile from both I-95 and the Metro North/Amtrak Train station, the property provides unparalleled access to major transportation routes.
The building will be delivered vacant, allowing for redevelopment based on a recently approved OVERLAY ZONE. With the potential to accommodate a new structure of up to 165,000 sq.ft., this site is ideal for a variety of commercial, medical, residential or mixed-use projects in a highly desirable location.
The Overlay Zone allows for a LOT COVERAGE of up to 70% and a BUILDING HEIGHT of 85ft or 8 floors..
This 26,000 sq. ft., 4 story building sits on a prime 37,897 sq. ft. site. Located adjacent to Montefiore New Rochelle Hospital and just half a mile from both I-95 and the Metro North/Amtrak Train station, the property provides unparalleled access to major transportation routes.
The building will be delivered vacant, allowing for redevelopment based on a recently approved OVERLAY ZONE. With the potential to accommodate a new structure of up to 165,000 sq.ft., this site is ideal for a variety of commercial, medical, residential or mixed-use projects in a highly desirable location.
The Overlay Zone allows for a LOT COVERAGE of up to 70% and a BUILDING HEIGHT of 85ft or 8 floors..
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
26,000 SF
Building Class
B
Year Built/Renovated
1954/2004
Percent Leased
10%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
5,200 SF
Building FAR
0.69
Lot Size
0.87 AC
Zoning
H-Hospital/DO-8 Overlay - Mixed use; Retail; Restaurant; Multifamily; Live-Work; Office; Senior Housing; Affordable Housing; etc.
PROPERTY TAXES
| Parcel Number | 1000-000-004-01236-000-0007 | Improvements Assessment | $45,886 CAD |
| Land Assessment | $56,440 CAD | Total Assessment | $102,326 CAD |
PROPERTY TAXES
Parcel Number
1000-000-004-01236-000-0007
Land Assessment
$56,440 CAD
Improvements Assessment
$45,886 CAD
Total Assessment
$102,326 CAD
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