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34318077
34318078

240-250 Pelham Road, New Rochelle, NY 10805 For Sale

Keller Williams NY Realty
Listed by Keller Williams NY Realty
$4,500,000
9 days on market
Updated 3 days ago

240-250 Pelham Road

Details
APN 1000-000-002-00401-000-1001
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Net Rentable (SqFt) 6
Units 6
NOI $247,852
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Year Built 2006
Buildings 1
Stories 4
Acreage 0.470
Parking Spaces 3 spaces

Great income-producing property. New Buyer can re-sell each unit separately- Each unit has a deed.

Marketing description

Looking for the High Income Producing Property with an Amazing View? You have all you need for your tenants to rent in this Magnificent Waterfront (6) Luxury, 4 Level, Upscale Townhouse Complex in New Rochelle, N.Y. Residents will enjoy the convenience of fabulous restaurants and stores at your fingertips! Not to mention, they'll happy to be able to walk to Metro North and get to Mid-town in less than an hour! Beautiful, WATERFRONT setting w/Breathtaking Views of Long Island Sound. 3 BR 2 1/2 Bath special homes. Your prospective tenants will be amazed, from the moment they walk through the front door of the garden entrance. Most of the pictures are from the recently renovated, Upscale unit (248) which features a Gorgeous Kitchen w/Sumptuous Gray Cabinets, Quartz Countertops, (the other units have Granite Counter Tops), Stainless Steel Appls, Huge Living/Dining Rm. Both 2nd and 3rd Floors have Gleaming HARDWOOD flrs. Sliding Glass Door to Terrace w/elec awning (only unit 248) & breathtaking views of the Long Island Sound. Up on the 3rd floor, you'll marvel at the view from the large windowed Master Bedroom w/walk-in closet, Master Bath w/Jacuzzi bathtub + Shower, 2 other Bedrooms + full hall Bath. Central/A/C. (4th Floor) Finished/Unfinished Walk-Up Attics w/Windows, wall/wall carpeting, 2 closets, alcove & smaller attic above. Down on the garage level, you'll find a Walkout Basement w/Laundry rm, fam room, utility rm, gar, & storage. Convenient to ALL: Walk to Elementary, Middle Schools and College. Mins to New Roc City & all Shops & Highways (I-95 & Hutch), Metro North Station. Beach rights(Glen Island/Hudson Park nearby). (Pls note that pictures 1-34 are from 248 Pelham Rd. Pics 35 & 36 are examples of the kitchen in the other units) All 6 units have approx a total of 2,700 Square feet of space within 4 levels in each unit! LOTS OF UPDATES! Huge, Brand-new Oversized White Shed to keep refuse/recycle nicely organized, 5 of the 6 units have 2 yr old heating/cooling systems & water heaters that were replaced within the past 3 years. All balconies have NEW Trex Decks, All NEW Garage Doors & their tracks & motors newly replaced and NEW Patios with composite wood., All Exterior Wood Trim Throughout has been Re-Done, all of the Exterior Freshly Painted June 2026, Year-old Wrought Iron Fencing w/New Gates! Each unit comes w/a large Garage + 2 Parking spaces! The address of the entire building in City Hall is 254 Pelham Road, New Rochelle, New York 10805.
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Keller Williams NY Realty
Listed by Keller Williams NY Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$247,852.00
$20,654.33/mo

Valuation Metrics

0
DSCR
5.51%
Cap Rate
5.51%
ROI

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