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457 North Ave
New Rochelle, NY 10801
Acre at trophy corner for super low cost · Land For Sale
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0.97 AC
INVESTMENT HIGHLIGHTS
- Location Location Location
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.97 AC |
| Property Type | Land | ||
| Zoning | Overlay Zone 5 Wellness - Mixed use residential/commercial. | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.97 AC |
| Zoning | Overlay Zone 5 Wellness - Mixed use residential/commercial. |
1 LOT AVAILABLE
Lot
| Price | $13,778,000 CAD | Lot Size | 0.97 AC |
| Price Per AC | $14,204,123.59 CAD |
| Price | $13,778,000 CAD |
| Price Per AC | $14,204,123.59 CAD |
| Lot Size | 0.97 AC |
Super visibility flat corner acre next to new LINC Park, $34 million already funded for Memorial Highway N Ave overpass to become a highline like pedestrian park. At Iona, I-95, city hall & hospital. Cross county/Hutch have Lincoln Ave exit.
DESCRIPTION
One acre trophy location, high visibility at exit 16 of I-95. Former Mavis and Devonshire Tire store, since razed. Already one of the most prominent corners in all of Westchester. Construction starting in 2025 on new LINC park, dubbed Westchester's highline, already funded with $34,000,000 will increase its prominence. https://www.newrochelleny.com/DocumentCenter/View/17156/220526_LINC-Presentation_City-Council_v8 Lincoln Ave is essentially the extension from the eastern end of the Cross County Parkway and the Hutch. 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. At City Hall, Iona U, large Montefiore Hospital, Police and Fire. 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
