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Investment Highlights
- Highly visible site
- Downtown and Gateway Zoning Overlay for development potential
- Retail opportunity or full redevlopment potential
Executive Summary
659 Main Street is a retail buidling building with development opportunity in the NB district with the DO-3 Gateway Overlay, allowing for commercial use or redevelopment into a multi-story mixed-use project up to 6 stories.
Located at the edge of New Rochelle’s rapidly expanding downtown, the property offers strong visibility, walkability, and immediate access to transit and new large-scale developments. This is a prime chance to capture demand for retail, residential, and mixed-use space in one of Westchester’s fastest-growing urban markets.
Located at the edge of New Rochelle’s rapidly expanding downtown, the property offers strong visibility, walkability, and immediate access to transit and new large-scale developments. This is a prime chance to capture demand for retail, residential, and mixed-use space in one of Westchester’s fastest-growing urban markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,458 SF
Building Class
C
Year Built
1970
Price
$2,495,000
Price Per SF
$334.54
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
NB with DO-3, Gateway - Owner-user retail opporunity with future development potential. NB district with DO-3 Gateway Overlay allowing mixed-use development up to 6 stories.
Frontage
145’ on Main St
Walk Score®
Walker's Paradise (95)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1000-000-002-00439-000-0030 | Improvements Assessment | $7,750 |
| Land Assessment | $29,750 | Total Assessment | $37,500 |
Property Taxes
Parcel Number
1000-000-002-00439-000-0030
Land Assessment
$29,750
Improvements Assessment
$7,750
Total Assessment
$37,500
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659 Main St
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