Prime Mixed-Use Property in the Heart of New Rochelle (10801) 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.
Downtown New Rochelle, located between Echo Bay and the Bronx River Parkway, is a waterfront and transit-oriented New Rochelle neighborhood with a skyline of new high-rises and a walkable grid of older storefront blocks. The neighborhood’s character concentrates around the intersection of Huguenot Street and North Avenue, where cafés, small restaurants, and late-night bites spill out near the station. The New Rochelle Public Library anchors civic life, while New Roc City adds big-screen entertainment and arcade energy. The Thomas Paine Cottage Museum threads local history into the streetscape. Architecture shifts from prewar brick mid-rises to glassy towers, with pocket plazas and broad sidewalks shaping the daily rhythm.
Provided by Walk Score and Local Logic
Market insights
94 Union Ave · $1,149,000
DAYS ON MARKET
144 days
The average home goes pending in 42 days.
SALE-TO-LIST
103.1%
Most homes are selling 3% above list price.
LIST PRICE
$1,149,000
Median list price in this area is $885,853. (23% lower than this home)
PRICE DROP
0 price drops
12% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Dining
Interior features
Built-in features
Unfinished basement
Heating & cooling
Central air
Wall/window unit(s)
Baseboard heating
Exterior features
Not waterfront
Home design
Triplex
4,600 total building area
Parking
No carport
No designated parking
Construction
Brick construction
Utilities
Con-Edison electric service
Public sewer
Cable connected
Electricity connected
Natural gas connected
Sewer connected
Public trash collection
Electricity and solar
View estimated energy costs and solar savings for this home