338 Pelham Rd - Retail FOR SALE


New Rochelle, NY 10805- Residence Park
$825,000 USD
973-609-2105
338 Pelham Rd, New Rochelle, NY for Sale
$825,000 USD
Retail - FOR SALE
1/5
null | 7.11% Cap Rate

338 Pelham Rd
New Rochelle, NY 10805
Residence Park


OVERVIEW

The Property Consist of 3 Established Tenants • 100% Occupancy with established, service-oriented tenants that are resilient to e-commerce threats • Low Management Overhead — no anchors, low maintenance, and stable tenants •Strong Consumer Demand from a growing residential base and nearby schools, parks, and medical offices •Upside Potential via rent increases and value-add upgrades to exterior signage or façade •Located in a Pro-Business Municipality, New Rochelle continues to encourage development and support small businesses

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael RackenbergHoulihan Lawrence CommercialMore Info
973-609-2105

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Michael RackenbergHoulihan Lawrence CommercialMore Info
973-609-2105

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