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457 North Ave
New Rochelle, NY 10801
Acre at trophy corner for super low cost · Land For Lease
HIGHLIGHTS
- Great Value at less than $10 per foot on a lease or $236 per foot on a sale
- Rare Site of this size at such a desirable location priced so inexpensively
- Main and Broadway type corner at I-95 exit 16 traffic light near university hospital and large govt offices and high value retail
PROPERTY OVERVIEW
One acre high visibility at exit 16 of I-95. Former Mavis and Devonshire Tire store, since razed. Available cheaper for short term rent while looking for long term sale or lease for development. Site is zoned light commercial so use would need to be ok'd with city. Athletic, school related, govt use etc. Shorter term asking $300,000 or longer term asking $350,000 per year net of taxes. Site is also for sale asking $10,000,000. Near City Hall, Iona U, Police and City Hall. Cross county/Hutch have Lincoln Ave exit. Could be assembled. Right by Metro North, Amtrak transit center to soon serve both Penn and Grand Central Station and right at new LINC Park- Memorial Highway's North Ave overpass to become a highline like pedestrian park and has already received $34 million in funding. Construction starting in 2025. 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
PROPERTY FACTS
| Total Space Available | 0.97 AC | Property Subtype | Residential |
| Min. Divisible | 0.23 AC | Proposed Use | Mixed Use |
| Property Type | Land |
| Total Space Available | 0.97 AC |
| Min. Divisible | 0.23 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Mixed Use |
