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320 Webster Ave
New Rochelle, NY 10801
320 Webster Ave · Retail Property For Sale
Executive Summary
320 Webster Avenue presents an exceptional opportunity to acquire a fully leased, income-producing mixed-use retail property in New Rochelle, NY. Positioned along Webster Avenue, this single-story masonry building offers a combination of established cash flow, strong street presence, and meaningful long-term upside for investors.
The property consists of approximately 8,105 SF of building area, including approximately 6,127 SF of gross leasable area, situated on a 0.21-acre (9,147.6 SF) lot. The property is currently fully leased and generates approximately $180,000 in annual rental income, providing investors with immediate in-place revenue.
One of the property's key investment advantages is its below-market rental structure, creating potential for future income growth as leases roll over. The property is zoned Neighborhood Business (NB) / C-1, providing flexibility and potential for repositioning over time.
Conveniently located approximately 0.8 miles from the New Rochelle Metro-North Station and 1.3 miles from the Pelham Metro-North Station, the property benefits from excellent accessibility and connectivity throughout Westchester County and the New York City metropolitan area.
With stable existing tenancy, strong in-place income, below-market rents, flexible zoning, and future rental upside, 320 Webster Avenue offers an attractive opportunity for investors seeking a well-positioned commercial asset in the New Rochelle market.
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The property consists of approximately 8,105 SF of building area, including approximately 6,127 SF of gross leasable area, situated on a 0.21-acre (9,147.6 SF) lot. The property is currently fully leased and generates approximately $180,000 in annual rental income, providing investors with immediate in-place revenue.
One of the property's key investment advantages is its below-market rental structure, creating potential for future income growth as leases roll over. The property is zoned Neighborhood Business (NB) / C-1, providing flexibility and potential for repositioning over time.
Conveniently located approximately 0.8 miles from the New Rochelle Metro-North Station and 1.3 miles from the Pelham Metro-North Station, the property benefits from excellent accessibility and connectivity throughout Westchester County and the New York City metropolitan area.
With stable existing tenancy, strong in-place income, below-market rents, flexible zoning, and future rental upside, 320 Webster Avenue offers an attractive opportunity for investors seeking a well-positioned commercial asset in the New Rochelle market.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,105 SF
Building Class
C
Year Built
1929
Cap Rate
7%
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.22 AC
Zoning
C-1 - Commercial
Frontage
220’ on Webster Ave
Amenities
- Signage
- Awning
Property Taxes
| Parcel Number | 1000-000-004-01330-000-0001 | Improvements Assessment | $4,200 |
| Land Assessment | $21,800 | Total Assessment | $26,000 |
Property Taxes
Parcel Number
1000-000-004-01330-000-0001
Land Assessment
$21,800
Improvements Assessment
$4,200
Total Assessment
$26,000
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