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Marketing Description
Spacious and Highly Visible Downtown New Rochelle Office Building With Flexible, Adaptable Layout - on Main Street
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 street level 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.
Investment Highlights
- 542 Main Street features a striking brick facade with polished granite accents, including a polished granite staircase leading to the front entrance. Access to the building is through a steel-and-glass door, and a large stained-glass window adds a touch of sophistication. Security cameras are installed throughout the property, ensuring a secure environment. Each floor is equipped with its own HVAC and AC systems, with baseboard heating available throughout the building.
- Upon entering, visitors are welcomed by a terrazzo lobby area, lending an elegant aesthetic to the building's interior. For the first-floor tenants, there is an impressive marble entryway leading into the former bank-occupied space. Additionally, multiple bank vaults with steel doors are housed within the building.
- The basement is well-equipped with essential utilities, including electric meters for each floor, a building-wide hot water heater, and a boiler installed in 2012. It also contains a 3,000-gallon oil tank with 2,700 gallons of usable #2 oil, fiber optic connections for tenants, and multiple vaults. The central heating system services the entire property.
- On the fourth floor, a spacious, vacant executive office—formerly used as bank offices—offers a refined setting with two skylights, allowing for ample natural light. The building also has a silver-coated rubber roof, ensuring durability and weather resistance.
- Parcel Size -8,450 Square Feet
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