Remarks
An incredible investment opportunity awaits at 132 4th Street, a well-maintained legal five-family property in the heart of New Rochelle. This fully occupied turnkey asset offers immediate stability and significant upside, highlighted by a rare oversized two-plus-bay garage with extensive loft storage and a long private driveway providing ample off-street parking. The property is efficiently set up for ease of management, featuring 6 separate gas and 6 separate electric meters, with tenants responsible for their own utilities. Additionally, the full unfinished basement provides significant extra storage space with convenient Bilco door access. Situated in a high-demand location, the property is just minutes from the New Rochelle Transit Center and is within walking distance to vibrant downtown shops, local dining, and New Roc City. Perfectly positioned near major highways and local parks, this property represents a fantastic opportunity to secure a high-performing multi-family asset in one of Westchester’s most rapidly growing communities.
