For Sale
New Rochelle, NY
Commercial Real Estate Market Trends & Data
$348
Avg asking sale price
$30
Avg asking lease rate
23,239 SF
Avg unit lease size
13,120 SF
Avg building size for sale
7.31%
Average cap rate
New Rochelle's Demographic Profile
New Rochelle has 30,368 households and a median income of $97,828, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 83,540 |
| # Households | 30,368 |
| Median age | 41 |
| Median household income | $97,828 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 15,532 |
| 5-year population change | -1% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near New Rochelle, NY
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| New Rochelle | $346 | 16,319 SF | 7.12% |
| Eastchester | $297 | 30,262 SF | 7.12% |
| Mamaroneck | $227 | 15,140 SF | 3.20% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| New Rochelle | $324 | 9,782 SF |
| Larchmont | $972 | 3,704 SF |
| Eastchester | $415 | 15,881 SF |
| Mamaroneck | $446 | 8,872 SF |
| Pelham | $254 | 2,237 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| New Rochelle | $383 | 6,550 SF | 6.82% |
| Mount Vernon | $218 | 259,308 SF | 7.90% |
| Yonkers | $265 | 10,779 SF | 8.87% |
| Rye | $276 | 4,771 SF | 7.25% |
| Rye Brook | $305 | 6,282 SF | 7.25% |
Commercial Properties For Sale in New Rochelle
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Size For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether New Rochelle pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| New Rochelle | $348 | 13,120 SF |
| Larchmont | $972 | 3,704 SF |
| Eastchester | $427 | 12,816 SF |
| Mamaroneck | $314 | 11,061 SF |
| Pelham | $292 | 10,707 SF |
Regional Demographic Comparison
This comparison places New Rochelle alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in New Rochelle or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| New Rochelle | 83,540 | 30,368 | 41 | $97,828 | 3 | 15,532 | -1% |
| Larchmont | 6,627 | 2,225 | 41 | $225,842 | 3 | 612 | -1% |
| Eastchester | 20,432 | 7,901 | 45 | $147,950 | 3 | 1,699 | -2% |
| Mamaroneck | 17,867 | 6,504 | 42 | $133,417 | 3 | 2,721 | -4% |
| Pelham | 5,858 | 1,928 | 41 | $176,409 | 3 | 599 | -4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in New Rochelle, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in New Rochelle
View All Commercial Real Estate For Sale in New Rochelle
Is New Rochelle a good market for a first-time commercial real estate investor?
New Rochelle offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in New Rochelle?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in New Rochelle. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in New Rochelle?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for New Rochelle. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does New Rochelle compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to New Rochelle. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for New Rochelle acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in New Rochelle, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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