545 North AveNew Rochelle, NY 10801

For Sale
$2,800,000

12,587 sq ft lot, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 12,587 square foot land parcel in New Rochelle, New York, presents a remarkable opportunity for a mixed-use development. Located at 545 North Avenue, this property is zoned for a wide array of commercial and residential uses, offering significant flexibility for developers. The permitted zoning, Residential, Commercial - NA/DO6, allows for a diverse range of businesses and residential units. Specifically, permitted uses include dwelling units (second floor and above), various types of offices, retail stores and shops, manufacturing (with limitations on employees and floor space), retail laundries and dry cleaners, banks, restaurants (with some restrictions), dance studios, fitness studios, community buildings, houses of worship, schools, and more. Accessory uses, such as off-street parking and certain types of medical facilities, are also permitted. Special permits may allow for additional uses, including day-care centers and wireless telecommunications facilities. The property's size and zoning make it ideal for a six-story building, combining commercial space on the lower floors with residential units above. This prime location in Westchester County, with its zip code 10801, offers excellent access to transportation, amenities, and a thriving community. The asking price for this exceptional development opportunity is $2,800,000. Detailed zoning regulations are available upon request. This is a rare chance to create a significant and impactful development in a desirable New York location.

Highlights

  • Residential units (second floor and above).
  • Office spaces (business, professional, or governmental).
  • Retail stores and shops offering sales or personal services.
  • Manufacturing for on-site retail sale (max 5 employees, 30% floor area).
  • Retail laundries and dry cleaners.
  • Banks.

Location Insight

City
New Rochelle
County
Westchester
State
New York
Latitude
40.9209273
Longitude
-73.7870887
545 North Ave, New Rochelle, New York

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545 North Ave
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