NY
Westchester
New Rochelle
10801
94 Union Avenue
94 Union Avenue, New Rochelle, NY 10801
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Listing Type
Multi Family
Listing Status
Active
20
$1,149,000

Home Details for 94 Union Avenue

Price
$1,149,000
Type
Residential Income
Year built
1965
Lot size acres
0.09
County
Westchester
Basement
Unfinished
MLS Listing#
1002084
Property Description

Prime Mixed-Use Property in the Heart of New Rochelle (10801) Just a 5-minute walk to downtown and the train station, this well-located mixed-use building offers strong rental potential and long-term value. Property Features: Ground floor: Approx. 2,800 sq ft restaurant space currently operating as a Cocina Mexicana & Tequila Bar, with seating approved for 84 guests and a 14-seat bar. The spacious layout is also ideal for hosting events. Second floor: Two residential units — one 1-bedroom apartment and one 2-bedroom apartment. Current Lease Details: Restaurant: $3,394/month. Tenants cover 50% of any property tax increase over the 2021 base year. Rent is below market rate due to a $200,000 renovation investment by the restaurant owner in 2021. Lease term runs through 2029. 1-Bedroom Apartment: $1,500/month 2-Bedroom Apartment: $2,500/month Additional Notes: All units have separate utility meters. Tenants are responsible for their own heating and electricity.

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Parking
    • No Garage
    • None
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • House Interior
    • Built-in Features
  • Basement
    • Unfinished
School Information
School Information for 94 Union Avenue, New Rochelle, NY 10801
Elementary School
Columbus
Middle School
Isaac E Young Middle School
High School
New Rochelle High School
Listing Courtesy: Realmart Realty LLC - 888-362-6543
Presented by: Shuai Zheng
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EXIT REALTY GROUP
985 Allerton Ave, Bronx, NY 10469
Office
718 319 8500
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