92 North AveNew Rochelle, NY 10801

This exceptional investment opportunity presents a three-lot assemblage totaling 0.56 acres (24,383 square feet) at 92 and 80 North Avenue in New Rochelle, NY. The property features a 15,000-square-foot, Class B office building currently at 100% occupancy, offering 13,000 square feet of net rentable space. Priced at $6,500,000 ($433.33 per square foot), this property boasts a strategic 195-foot frontage on a high-traffic thoroughfare. Located within the Downtown Overlay Zone (DO-3), this versatile assemblage allows for significant development potential, including the possibility of a 10-story building (subject to city approval). The site's zoning offers potential bonuses under the community benefit program, making it an attractive investment for commercial or mixed-use development. This rare opportunity allows for significant upside in a thriving downtown area. The property's current income stream provides immediate return on investment, while the development potential offers long-term growth opportunities. Don't miss this chance to capitalize on the vibrant growth of New Rochelle.