480-484 Main Street

Cushman & Wakefield’s Capital Markets Group is pleased to present for sale 480-484 Main Street in New Rochelle, NY (interchangeably the “Property” and the “Site”).

480-484 Main Street is a 16,553± SF site improved with a two-story 10,854± SF building that is currently multi-tenanted on the first floor and vacant on the second floor.

The Site, which has 75’ of street frontage on Main Street and 15’ of street frontage on North Avenue, is situated in the Downtown Overlay Zone 2 − Downtown District.

Based on the size of the lot, the Site could qualify for Development Standard 2, which allow for up to 12 stories (with an additional two bonus stories for the Community Benefit Bonuses). The Form Based Downtown Overlay Zoning in its entirety can be found at: https://formbasedcodes.org/codes/new-rochelle-downtown-overlay-zone.

Located on the eastern side of the downtown area, a development on the Site would benefit from Long Island Sound water views.

The Property is conveniently located steps from downtown’s restaurants, coffee shops, and retail and within a 5-minute walk from the New Rochelle Transit Center, a stop for both Metro-North and Amtrak, and 0.5 miles from Interstate 95 (Exit 16).