Courtesy: Kafka Realty LLC
914-426-4434
Commercial Property mixed use (4 family ,1 family detached, commercial warehouse garage 1500 sq feet in rear of homes .... Great investment property . There are two homes 74 and 76 4th street ...historically located in the West End of New Rochelle ..74 4th and warehouse remodeled this year ....76 4th 2 units renovated a couple of years ago ...... Great Location ...Close to shops and walk to Columbus elementary school . 15 minute walking distance to Pelham Train Station . 74 4th and warehouse have 6 months left on leases .....other apts have no leases . This is a Cash Cow opportunity . don't hesitate it will not last .....property being sold as is ....
Courtesy: Home Sweet Home Properties
914-777-5900
Great Investment Opportunity in the heart of New Rochelle! Six (6) recently renovated 2-bedroom apartments plus storage units, garage, long driveway and parking lot for 5+ cars in two (2) side-by-side Duplexes. Approximate square footage for each unit is estimated. Basement has adequate room for installation on washers and dryers/laundry room. Rental Income (all 2 bedroom/1 bathroom units): 1A $2,376 1B $1,440 2A $1,042 2B $1,910 3A $1,980 3B $2,093 Parking and basement storage rental - $675 Total monthly income - $11,515 Total annual income - $138,180 Expenses, Taxes - $23,000 Insurance - $7,000 Con Ed, water and fuel ~ $1,200/month Total annual expenses - $44,440 NOI - $93,740 Cap rate - 7.5%
New Rochelle is located in New York. New Rochelle, New York has a population of 80,685. New Rochelle is less family-centric than the surrounding county with 34.16% of the households containing married families with children. The county average for households married with children is 35.32%.
The median household income in New Rochelle, New York is $87,159. The median household income for the surrounding county is $105,387 compared to the national median of $69,021. The median age of people living in New Rochelle is 40.8 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 23.8 degrees. The average rainfall is approximately 49 inches per year, with 27.9 inches of snow per year.
