Charming Two-Family Home in the Heart of New Rochelle This bright and sunny two-family residence is ideally located just steps from New Rochelle’s vibrant downtown and the Metro-North train station—only 35 minutes to Grand Central Station! Property Features: Spacious, fully fenced flat backyard — perfect for gatherings and outdoor entertaining Legal layout includes: Second Floor: 1-bedroom / 1-bathroom unit First Floor: 3-bedroom / 1-bathroom unit Bonus Space: Finished above-ground basement with a full bathroom and private street-level entrance — ideal for a home office, studio, or guest suite Financial Highlights: Monthly Rent Roll: $1,660 (1-bed) + $2,900 (3-bed) Both units are currently month-to-month leases Low property taxes A rare opportunity to own a versatile and income-producing property in one of Westchester’s most desirable commuter-friendly neighborhoods!
South Side, located between Downtown New Rochelle and Pelham Manor, is a residential and waterfront New Rochelle neighborhood with harbor views and leafy side streets. The neighborhood’s character concentrates around the Five Islands Park entrance on LeFevres Lane, where marina slips, ballfields, and shoreline paths set a weekend rhythm. Architectural cues lean toward early-20th-century colonials and compact multifamily buildings, with pockets of mid-century apartments nearer the water. Hudson Park & Beach reads as the local front porch, with benches facing Long Island Sound. The New Rochelle Rowing Club and the New Rochelle Public Library’s main branch add civic and cultural gravity. Streets angle toward the water, giving daily routines a coastal backdrop.
Provided by Walk Score and Local Logic
Offer insights
21 Drake Ave · $739,000
$743K and above
75% chance or better to win
Why $743K+ is a strong offer
DAYS ON MARKET
194 days
The average home goes pending in 42 days.
SALE-TO-LIST
103.1%
Most homes are selling 3% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
First-floor full bathroom
Finished basement
Bedrooms
One 1-bedroom unit
One 3-bedroom unit
Bathrooms
Two full bathrooms (total)
Flooring
Laminate flooring
Heating & cooling
Radiant heating
Wall/window air conditioning units
Exterior features
Not on waterfront
Home design
Duplex
Frame construction
Parking
On-street parking
Construction
Frame construction
Utilities
Con-Edison electric service
Public sewer
Cable connected
Electricity connected
Electricity and solar
View estimated energy costs and solar savings for this home
2 family handyman special just off Main St and close to all. Nice sized and level rear yard and a finished room in the basement make for great family gatherings. Wonderful potential to convert to a singe family or keep the second unit to help pay the mortgage. This one is just waiting for someone with vision to make this home their own. Additional Information: HeatingFuel:Oil Above Ground,
Year
Property tax
Land + Additions
Assessment*
2026
$8,717 (+42.4%)
$1,100 + $4,400
$5,500
2025
$6,120 (−25.9%)
$1,100 + $4,400
$5,500
2024
$8,259 (+3.7%)
$1,100 + $4,400
$5,500
2023
$7,961 (+1.1%)
$1,100 + $4,400
$5,500
2022
$7,873 (+1.0%)
$1,100 + $4,400
$5,500
2021
$7,798 (+19.4%)
$1,100 + $4,400
$5,500
2020
$6,531 (−11.0%)
$1,100 + $4,400
$5,500
2019
$7,335
$1,100 + $4,400
$5,500
2018
$1,100 + $4,400
$5,500
2017
$1,100 + $4,400
$5,500
2016
$1,100 + $4,400
$5,500
2014
$1,100 + $4,400
$5,500
2013
$1,100 + $4,400
$5,500
2012
$1,100 + $4,400
$5,500
2011
$1,100 + $4,400
$5,500
2010
$1,100 + $4,400
$5,500
2009
$1,100 + $4,400
$5,500
2008
$1,100 + $4,400
$5,500
Public record
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
2,608 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,175
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,175
Year built
1905
Style
Multi-Family (2-4 Unit)
County
Westchester County
APN
551000A0000020514000177
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
Historical weather
New Rochelle, NY • 10805
Average low and high temperatures (°F)
36
24
38
26
53
37
62
45
69
54
81
65
85
70
80
64
76
62
66
52
55
42
41
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
30/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4 hrs
0.9 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 21 Drake Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $520,000 and $850,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $520K to $850K.