$1,149,000

94 Union Avenue, New Rochelle, NY 10801

  • 4,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $250/sqft
  • Property List Date Icon Listed 1 month ago

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: $3,311/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: $2,050/month Additional Notes: All units have separate utility meters. Tenants are responsible for their own heating and electricity.

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 11:20PM
Listing Office:
Realmart Realty LLC : 888-362-6543
MLS ID:
980066
  • Basement: Unfinished
  • A/C: Central AirWall/Window Unit(s)
  • Heating: Baseboard
  • Parking: None
  • Originating MLS: onekey2
  • County: Westchester County
  • Zoning: 1000-000-004-01227-000-0021
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection Public
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Realmart Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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