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For Sale | Spacious And Highly Visible Downtown New Rochelle Office Building With Flexible, Adaptable Layout On Main St

$3,795,000

542 Main Street, New Rochelle, NY 10801

Active
Last Updated: 11/26/2024

6.79

Cap Rate

22,750 sqft

Building Size

Details:
Cap Rate:    6.79%
Building Size:    22,750 sqft
Lot Area:    8,450 sqft
Year Built:    1900
Price Per Sqft:    $167
Floors:    4
Description:

542 Main Street, New Rochelle - Presenting a prominent four-story office building located in the heart of downtown New Rochelle, NY. Constructed in 1929, the property encompasses approximately 22,750 square feet offering substantial space for a variety of business operations.

The building offers a flexible layout suitable for multiple tenants, accommodating general office use, collaborative workspaces, and potential streetlevel retail. This adaptability makes it ideal for businesses seeking a prime location with a customizable layout to meet specific needs.

Strategically positioned on Main Street, the property ensures high visibility and heavy foot traffic, enhancing its appeal to businesses aiming to establish a strong local presence.

Located on one of New Rochelle's busiest commercial corridors, 542 Main Street is surrounded by a variety of amenities. Within walking distance are popular dining spots like Modern Restaurant & Lounge, Alvin & Friends, and Texas Roadhouse. Other nearby retail includes Target, local boutiques, CVS Pharmacy, Chase Bank, and the USPS.

The building’s proximity to the Metro-North station provides quick transit options to New York City and surrounding areas. Additionally, nearby parks such as Hudson Park and Glen Island Park offer green spaces for relaxation and outdoor activities.

This property offers a compelling investment opportunity in a bustling urban environment, with the flexibility and location to attract a broad range of tenants and long-term value

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