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Map
$3,310,231*
↓ $250K (9.8%)
●
Commercial -
Off Market
52 Drake Avenue
New Rochelle, NY 10805
Studio
0 Bath
5500 Sqft
$2,070,000 - $2,530,000
Reference Base Price*
43.92%
Since Apr 1, 2020
NY-New York
Primary Model
About This Property
Wonderful opportunity for an investor in vibrant downtown New
Rochelle. Completely renovated, from roof to basement in 2015,
brick apartment with five rental apartments. All completely
remodeled to code, with individual state of the art Lochinvar Cadet
boilers. Bonus retail store in front. Excellent and consistent rent
rolls with all tenants in place. Further bonus of two family
house-also with tenants in place-with garage and parking on same
property. Make investment income from day one. New Rochelle is
alive with abundant renovation and development activity. Be sure
not to miss this opportunity. To view the Virtual Tour of this
listing, please copy and paste this link into your browser:
https://www.itourmedia.com/display/index/1500324?type=nb
The manager has listed the unit size as 5500 square feet.
The manager has listed the unit size as 5500 square feet.
Unit Size
5,500Ft²
Days on Market
-
Land Size
-
Price per sqft
$418
Property Type
Commercial
Property Taxes
$29,500
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2019 | Price Decreased |
$2,300,000
↓ $250K
(9.8%)
|
|
| Price Decreased | |||
| Sep 13, 2019 | Price Decreased |
$2,550,000
↓ $100K
(3.8%)
|
|
| Price Decreased | |||
| Aug 9, 2019 | Listed | $2,650,000 | |
| Listed | |||
Property Highlights
52 Drake Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
6
Beds
4
Baths
-
$1,865,000
Nov 11, 2021
$1,865,000
Jan 28, 2022
$4,040/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/11/2020
|
|
Studio
|
-
|
-
|
$2,300,000
Studio
-
|
-
-
|
-
|
Lou Budetti
ERA Insite Realty Services
|
|
08/09/2019
|
|
Studio
|
-
|
5500 ft²
|
$2,650,000
Studio
-
5500 ft²
|
-
-
|
-
|
Paul F. Gerken
ERA INSITE REALTY SERVICES
|
Building Info
