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31 Cliff St 0.3 Acres of Commercial Land Offered at $1,500,000 in New Rochelle, NY 10801
Investment Highlights
- Only light industrial land for sale in New Rochelle
- Earn income from property while going through the approval process
- Near I-95 and downtown New Rochelle
Executive Summary
The only light industrial zoned land for sale in New Rochelle. Currently improved with a legal, non-conforming 2,567 sf two-family home in a light industrial zone. Located near I-95 and downtown.
Permitted uses include: self-storage facilities; manufacturing, fabrication, finishing or assembling of products; animal hospitals; printing plants; open or enclosed storage of passenger vehicles; health and recreational clubs; radio stations and transmission towers; motor vehicle rental agencies; animal day care and recreational uses. Numerous other uses allowed by special permit.
Permitted uses include: self-storage facilities; manufacturing, fabrication, finishing or assembling of products; animal hospitals; printing plants; open or enclosed storage of passenger vehicles; health and recreational clubs; radio stations and transmission towers; motor vehicle rental agencies; animal day care and recreational uses. Numerous other uses allowed by special permit.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $1,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.30 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LI - Light Industrial | ||
| Price | $1,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.30 AC |
| Opportunity Zone |
Yes |
| Zoning | LI - Light Industrial |
1 Lot Available
Lot
| Price | $1,500,000 | Lot Size | 0.30 AC |
| Price Per AC | $5,000,000.00 |
| Price | $1,500,000 |
| Price Per AC | $5,000,000.00 |
| Lot Size | 0.30 AC |
Light Industrial zoned land improved by a legal, non-conforming 2567 sf, 2-family home built in 1885 with 2-car attached garage and 2-car detached garage.
1 1
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 1000-000-002-00485-000-0029 | Total Assessment | $14,150 |
| Land Assessment | $4,200 | Annual Taxes | ($1) |
| Improvements Assessment | $9,950 | Tax Year | 2024 |
Property Taxes
Parcel Number
1000-000-002-00485-000-0029
Land Assessment
$4,200
Improvements Assessment
$9,950
Total Assessment
$14,150
Annual Taxes
($1)
Tax Year
2024
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31 Cliff St
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