For Sale
$4,200,000

542 Main StNew Rochelle, NY 10801

Prime location, versatile space, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional 22,884 square foot Class C office building, located at 542 Main St, New Rochelle, NY 10801, is offered at $4,200,000 ($183.53/sq ft). The property features a multi-tenant occupancy with a gross lease type. Situated in a vibrant commercial area on Main Street, it benefits from high visibility and accessibility to major transportation routes. The building's versatile space is suitable for various businesses, from retail to offices. Importantly, the DO-2 zoning permits diverse development options, including residential, artist live/work lofts, or hotel conversions. This presents a unique opportunity to capitalize on New Rochelle's thriving business environment and growing population. A potential sale-leaseback opportunity exists. The property offers significant upside potential for investors seeking a prime commercial property in a dynamic location.

Highlights

  • 22,884 SF Class C office building in New Rochelle, NY, offered at $4,200,000 ($183.53/SF).
  • Multi-tenant building with gross leases in a high-visibility Main Street location.
  • Versatile space suitable for various uses, including retail and office.
  • DO-2 zoning allows for diverse development options, including residential, live/work, and hotel conversions.
  • Potential for sale-leaseback and significant upside.

Property Details for 542 Main St

Property type
Office properties, Office space
Square Feet
22,884 SF
Class
C

Location Insight

City
New Rochelle
County
Westchester
State
New York
Latitude
40.9077651
Longitude
-73.7828809
542 Main St, New Rochelle, New York

FAQs

What type of property is this?
Office property - Prime location, versatile space, development potential.
Where is the office property located?
The property is located at 542 Main St New Rochelle, NY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 22,884 SF Class C office building in New Rochelle, NY, offered at $4,200,000 ($183.53/SF).; Multi-tenant building with gross leases in a high-visibility Main Street location.; Versatile space suitable for various uses, including retail and office.
How can I contact the broker?
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542 Main St
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