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Rochelle Heights Multifamily Home for Sale

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    $1,150,000

    • 8 Beds
    • 4 Baths
    • 3,600 Sq Ft

    308 5th Ave, New Rochelle, NY 10801

    A versatile property currently leased to Iona University tenants. The home features a separate two-car garage rented on a month-to-month basis, offering additional income potential. Bonus features include coin-operated laundry machines included in the sale, adding further revenue opportunity. Whether you're looking to invest or live in a prime location close to campus, shopping, and

    Joseph Lukic Compass Greater NY, LLC

    308 5th Ave, New Rochelle, NY 10801

Why Live in Rochelle Heights

Rochelle Heights in New Rochelle, located about 26 miles north of New York City, is a historic neighborhood known for its peaceful ponds, tree-lined avenues, and diverse architectural styles. The area features homes from the early 1900s to the 1950s, including Colonial Revivals, Tudors, Split-Levels, and Spanish Revivals, many with large lawns and welcoming porches. The neighborhood was one of the first planned developments, designed to be a green, serene community with hilly terrain and winding streets. The New Rochelle City School District serves the area, with highly rated schools such as William B. Ward Elementary School, Albert Leonard Middle School, and New Rochelle High School. Local features include Paine and Beechmont Lake for jogging and walking, and Flowers Park, which spans over 20 acres and includes ball fields, a playground, and a skate park. The park also hosts Monroe College’s football and soccer fields. Residents enjoy dining at The Mirage Restaurant & Cafe and Smokehouse Tailgate Grill, and shopping at nearby hubs like Shop & Stop, Wine Bazaar, Marshalls, and HomeGoods. The neighborhood is well-connected with bus stops along North Avenue, the New Rochelle and Larchmont train stops on the Metro-North Railroad, and proximity to Interstate 95. Rochelle Heights also benefits from the presence of Iona University and hosts annual events like the New Rochelle Street Fair. The area has a low crime risk compared to the national average, making it a desirable place for those seeking tranquility and convenience.

Home Trends in Rochelle Heights, NY

Housing Trends

Median Sale Price
$895,500
Median Single Family Sale Price
$864,000
Median Townhouse Sale Price
$995,000
Average Price Per Sq Ft
$438
Number of Homes for Sale
5
Last 12 months Home Sales
35
Months of Supply
1.70
Median List Price
$850,000
Median Change From 1st List Price
-6%
Median Home Sale Price YoY Change
13%
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