240-250 Pelham Road New Rochelle, NY $ 4,500,000
240-250 Pelham Road
$ 4,500,000
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240-250 Pelham Road

New Rochelle, NY, 10805
$ 4,500,000
Bedrooms-- Baths-- Sq 13,492

Monthly Estimate*

$ 28,413

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Commercial Property for sale in New Rochelle, NY

for $4,500,000. This 13,492 square foot building was built in 2006 on a lot size of 0.4698.

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. TENANTS PAY ALL UTILITIES! Your 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 * 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. Each Unit has an individual deed. So, Buyer can turn around and re-sell each unit individually while adhering to zoning regulations and laws.

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Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 71,961

Style

Mid Rise

Lot Size

0.4698

Year Built

2006

Town/City

New Rochelle

County/Region

Westchester

MLS | Web ID

1024058

Features
General
Sewer Public Sewer
Heating Ducts Hot Air Natural Gas Separate Meters
Cooling Central Air Ductwork Electric
Utilities Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public
Appliances Dishwasher Gas Oven Gas Range Microwave Oven Refrigerator Stainless Steel Appliance(s)
Architectural Style Mid Rise
Construction Materials Aluminum Siding Brick
Year Built 2006
Tenant Pays All Utilities
View City Trees/Woods Water
Property Subtype Multi Family
Tax Year 2025
Parcel Number 1000-000-002-00401-000-1001
Waterfront Features Bayfront Canal Front Water Access Waterfront
County Westchester County
Property Type Commercial Sale
Building Features Laundry Walk Up
Directions Take Pelham Road to #240-250. Park in front of the units. If there's no space available you can park on the side of the white shed in the back of the property. Pls don't block the doors on the shed.
High School New Rochelle High School
City New Rochelle
High School District New Rochelle
Number Of Units Total 6
Elementary School Trinity Elementary School
Property Attached Y/N Y
Tax Annual Amount 71961
Fuel Expense 0
Middle/Junior High School Isaac E Young Middle School
Property Condition Actual
Water Sewer Expense 0
Additional Parcels Y/N N
Structure Type Mid Rise
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District New Rochelle
Elementary School District New Rochelle
Year Built Effective 2007
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Interior
Basement Full Partially Finished Storage Space Walk-Out Access
Flooring Ceramic Tile Hardwood
Total Stories 4
Basement Features Full Partially Finished Storage Space Walk-Out Access
Basement (Y/N) Y
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Exterior
Fencing Vinyl
Parking Features Assigned Attached Driveway Garage Parking Lot Private Assigned Attached Driveway Garage Parking Lot Private
Water Source Public
Foundation Details Pillar/Post/Pier
Building Area Total 13492
Waterfront Y/N Y
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 240
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* Excluded Features
List By
Robert Pape

Listing Agent

Keller Williams Ny Realty

Broker

914-437-6100

Contact

Affordability Calculator

$34,410
Per Month
83%
17%
0%
Monthly Principal & Interest
$28,413
Monthly Property Taxes
$5,997
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4099284 Elementary School
4099922 Middle School
New Rochelle High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$4,500,000 Listed Price

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240-250 Pelham Road, New Rochelle, NY, 10805 is a Commercial Property for sale at $4,500,000 with 13,492 sqft and a lot size of 0.4698. 240-250 Pelham Road was built in 2006. The property's zip code is 10805 which is in New Rochelle, NY