203-977-3269
260 North Ave, New Rochelle, NY for Sale
Bank - FOR SALE
1/6
null | Request Cap Rate

260 North Ave
New Rochelle, NY 10801
Downtown New Rochelle


HIGHLIGHTS

  • Redevelopment Opportunity
  • Appeal of DO-1 / Downtown Development Standard 2 Zoning
  • Proximate to Numerous City Amenities with Ideal Local & Regional Access

OVERVIEW

We are pleased to present for sale 260 North Avenue in New Rochelle, NY. 260 North Avenue is a 37,670± SF site improved with a 14,671± SF building that is currently occupied by Citizens Bank. The Site, which has street frontage on North Avenue, Huguenot Street and Lawton Street, is situated in the Downtown Overlay Zone 1 - Downtown Core District. Based on the size of the lot and the street frontage, the Site qualifies for Development Standard 2, which allow for up to 24 stories (with an additional 4 bonus stories for the Community Benefit Bonuses). Citizens Bank, the current owner-occupier, would prefer to have a retail presence in any new development on the Site. Located on a prominent corner in the heart of downtown New Rochelle, the property is conveniently situated within a 2-minute walk from the New Rochelle Transit Center, a stop for both Metro-North and Amtrak, and 0.5 miles from Interstate 95 (Exit 16).

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

DO-1

APN/PARCEL ID

1000-000-001-00229-000-0030

ASK ABOUT THIS PROPERTY

Al MirinCushman & WakefieldMore Info
203-977-3269

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Al MirinCushman & WakefieldMore Info
203-977-3269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.