
21 Drake Ave New Rochelle, NY 10805
Downtown New Rochelle NeighborhoodEstimated payment $4,684/month
About This Home
Charming Two-Family Home in the Heart of New Rochelle
This bright and sunny two-family residence is ideally located just steps from New Rochelle’s vibrant downtown and the Metro-North train station—only 35 minutes to Grand Central Station!
Property Features:
Spacious, fully fenced flat backyard — perfect for gatherings and outdoor entertaining
Legal layout includes:
Second Floor: 1-bedroom / 1-bathroom unit
First Floor: 3-bedroom / 1-bathroom unit
Bonus Space: Finished above-ground basement with a full bathroom and private street-level entrance — ideal for a home office, studio, or guest suite
Financial Highlights:
Monthly Rent Roll: $1,660 (1-bed) + $2,900 (3-bed)
Both units are currently month-to-month leases
Low property taxes
Additional Updates:
Fully renovated in 2018
New roof, boiler, and hot water tank installed during renovation
A rare opportunity to own a versatile and income-producing property in one of Westchester’s most desirable commuter-friendly neighborhoods!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,259
Year Built
- Built in 1905
Parking
- On-Street Parking
Home Design
- Duplex
- Frame Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- New Rochelle High School
Utilities
- Cooling System Mounted To A Wall/Window
- Radiant Heating System
Additional Features
- Laminate Flooring
- 2,614 Sq Ft Lot
- Finished Basement
Listing and Financial Details
- Assessor Parcel Number 1000-000-002-00514-000-0177
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $8,390 | $5,500 | $1,100 | $4,400 |
2023 | $7,399 | $5,500 | $1,100 | $4,400 |
2022 | $7,873 | $5,500 | $1,100 | $4,400 |
2021 | $7,798 | $5,500 | $1,100 | $4,400 |
2020 | $6,531 | $5,500 | $1,100 | $4,400 |
2019 | $6,865 | $5,500 | $1,100 | $4,400 |
2018 | $6,184 | $5,500 | $1,100 | $4,400 |
2017 | $944 | $5,500 | $1,100 | $4,400 |
2016 | $6,365 | $5,500 | $1,100 | $4,400 |
2015 | $5,315 | $5,500 | $1,100 | $4,400 |
2014 | $5,315 | $5,500 | $1,100 | $4,400 |
2013 | $5,315 | $5,500 | $1,100 | $4,400 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/04/2025 08/04/25 | Price Changed | $739,000 | -3.9% | $276 / Sq Ft |
05/17/2025 05/17/25 | For Sale | $769,000 | +210.7% | $287 / Sq Ft |
07/30/2018 07/30/18 | Sold | $247,500 | -4.8% | $138 / Sq Ft |
05/27/2017 05/27/17 | Pending | -- | -- | -- |
05/27/2017 05/27/17 | For Sale | $259,900 | -- | $144 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Bargain Sale Deed | $247,500 | Partners Abstract Corp | |
Referees Deed | $558,554 | None Available | |
Bargain Sale Deed | $445,000 | None Available | |
Interfamily Deed Transfer | -- | United General Title Ins Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $340,000 | Commercial | |
Previous Owner | $12,000 | Unknown | |
Previous Owner | $66,750 | Stand Alone Second | |
Previous Owner | $95,231 | Fannie Mae Freddie Mac | |
Previous Owner | $135,000 | Purchase Money Mortgage |
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Source: OneKey® MLS
MLS Number: 863825

APN: 1000-000-002-00514-000-0177
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