3,920 Sqft Lot
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1002084
Rental Info No
Year Built 1965
Annual Tax Amount $16,476
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Triplex
Source onekey2
Property Description
Just a 5-minute walk to downtown and the train station, this well-located mixed-use building offers strong rental potential and long-term value.
Property Features:
Ground floor: Approx. 2,800 sq ft restaurant space currently operating as a Cocina Mexicana & Tequila Bar, with seating approved for 84 guests and a 14-seat bar. The spacious layout is also ideal for hosting events.
Second floor: Two residential units — one 1-bedroom apartment and one 2-bedroom apartment.
Current Lease Details:
Restaurant: $3,394/month. Tenants cover 50% of any property tax increase over the 2021 base year. Rent is below market rate due to a $200,000 renovation investment by the restaurant owner in 2021. Lease term runs through 2029.
1-Bedroom Apartment: $1,500/month
2-Bedroom Apartment: $2,500/month
Additional Notes:
All units have separate utility meters. Tenants are responsible for their own heating and electricity.
Location
State NY
County Westchester County
Rooms
Basement Unfinished
Interior
Interior Features Built-in Features
Heating Baseboard
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Columbus
Middle Schools Isaac E Young Middle School
High Schools New Rochelle
School District New Rochelle
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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