304 Lockwood Avenue
New Rochelle, NY, 10801 $ 785,000
Bedrooms6 Baths3.0 Sq 2,500 Monthly Estimate*
$ 4,833
for $785,000 with 6 bedrooms and 3 full baths. This 2,500 square foot home was built in 1906 on a lot size of 0.08.
Exceptional Investment Opportunity in the Heart of New Rochelle!. Welcome to 304 Lockwood Ave, this income-producing property is located in this vibrant New Rochelle, one of Westchester County’s fastest-growing cities. Calling all savvy investors with great vision—this fully tenant-occupied three-family home offers the perfect combination of cash flow, convenience, and long-term potential. The property features: Unit 1: 3 bedrooms, 1 full bathroom, kitchen, living-room. Unit 2: 2 bedrooms, 1 full bathroom, office area, kitchen and living-room. Unit 3: 1 bedrooms, 1 full bathroom, cozy kitchen and living-room. Basement offers great storage space. Outside, enjoy a large backyard with endless possibilities—perfect for grilling, entertaining, or creating a relaxing outdoor retreat. Location is everything, and this property delivers. Conveniently situated just a short walk from the Metro-North Railroad, Montefiore Hospital, commuters can reach Midtown Manhattan in under 30 minutes, making this an ideal rental location. Residents also enjoy easy access to shopping, restaurants, parks, and all the conveniences of city living with a suburban feel. As New Rochelle continues experiencing tremendous growth and development, this property presents not only a strong current income stream but also exciting future upside potential. Other features: New roof, natural gas meter (3), electric meters (3), huge storage area in the basement. washer/dryer hood ups and much more !!!
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FeaturesInteriorInterior Amenities First Floor Bedroom First Floor Full Bath Master Downstairs Storage
Basement Bilco Door(s)
Flooring Combination
Basement Features Bilco Door(s)
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 6
Total Baths 3
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GeneralSewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Natural Gas Connected
Architectural Style Colonial
Construction Materials Frame
Year Built 1906
Tenant Pays Electricity Gas
Property Subtype Triplex
Tax Year 2025
Parcel Number 1000-000-004-01312-000-0022
County Westchester County
Property Type Residential Income
Garage Y/N N
Full Baths 3
High School New Rochelle High School
City New Rochelle
Disclosures Lead Paint Seller Property Disclosure
Senior Community Y/N N
High School District New Rochelle
Number Of Units Total 3
Carport Y/N N
Elementary School Columbus
Property Attached Y/N N
Tax Annual Amount 14198
Middle/Junior High School Isaac E Young Middle School
Property Condition Estimated
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District New Rochelle
Elementary School District New Rochelle
Tax Assessed Value 9450
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ExteriorParking Features On Street On Street
Water Source Public
Total Parking 0
Inclusions 3 refrigerators 3 stoves
Parking Spaces 0
Spa N
Building Area Total 2500
Waterfront Y/N N
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* Excluded FeaturesList ByMaria S. VeleListing Agent
Keller Williams Realty PartnerBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,833
- Monthly Property Taxes
- $1,183
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in New Rochelle, NY
Average List Price $956,832
Percent of Sale Price 22%
About New Rochelle, NY 79,515 Population
10% Since 2002
$ 76,644 Median Income
39.68 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4100032 Elementary School
4099922 Middle School
New Rochelle High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/20/2026 | $785,000 | | Listed Price |