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35-41 Bartels Pl 25,677 SF Industrial Building New Rochelle, NY 10801 $4,500,000 ($175.25/SF) 6.37% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased with stable income
- Ideal for investors seeking a stabilized acquisition or 1031 exchange
- Two-building, two-tenant industrial portfolio totaling ±20,000 SF plus 6,000 SF fenced yard
- Adjacent to I-95, proximate to downtown New Rochelle, and alongside the Metro-North rail line
- Future redevelopment upside in the heart of New Rochelle’s ongoing development boom
- Professional Management
EXECUTIVE SUMMARY
Multi-tenant industrial investment with immediate cash flow and long-term upside. The buildings offer dock-high and drive-in loading, and are fully leased, providing in-place income.
Located in New Rochelle’s redevelopment corridor, the property sits near major projects that support future repositioning potential. This offering fits 1031 exchange buyers seeking a stabilized, occupied asset, as well as value-add investors and developers looking to carry income while planning entitlements and timing.
Direct access to I-95, proximity to downtown New Rochelle, and adjacency to the Metro-North rail line provide strong connectivity and demand drivers in one of Westchester’s fastest-changing markets.
Located in New Rochelle’s redevelopment corridor, the property sits near major projects that support future repositioning potential. This offering fits 1031 exchange buyers seeking a stabilized, occupied asset, as well as value-add investors and developers looking to carry income while planning entitlements and timing.
Direct access to I-95, proximity to downtown New Rochelle, and adjacency to the Metro-North rail line provide strong connectivity and demand drivers in one of Westchester’s fastest-changing markets.
PROPERTY FACTS
| Price | $4,500,000 | Rentable Building Area | 25,677 SF |
| Price Per SF | $175.25 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1950 |
| Cap Rate | 6.37% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.53 AC | Opportunity Zone |
Yes
|
| Zoning | M-3 - M-3 | ||
| Price | $4,500,000 |
| Price Per SF | $175.25 |
| Sale Type | Investment |
| Cap Rate | 6.37% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.53 AC |
| Rentable Building Area | 25,677 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M-3 - M-3 |
AMENITIES
- Signage
UTILITIES
- Heating - Gas
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $10,800 | |
| Land Assessment | $26,200 | Total Assessment | $37,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$26,200
Improvements Assessment
$10,800
Total Assessment
$37,000
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35-41 Bartels Pl
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