Prime Mixed-use Property In The Heart Of New Rochelle (10801) Just A 5-minute Walk To Downtown And The Train Station, This Well-located Mixed-use Building Offers Strong Rental Potential And Long-term Value. Property Features: Ground Floor: Approx. 2, 800 Sq Ft Restaurant Space Currently Operating As A Cocina Mexicana & Tequila Bar, With Seating Approved For 84 Guests And A 14-seat Bar. The Spacious Layout Is Also Ideal For Hosting Events. Second Floor: Two Residential Units — One 1-bedroom Apartment And One 2-bedroom Apartment. Current Lease Details: Restaurant: $3, 394/month. Tenants Cover 50% Of Any Property Tax Increase Over The 2021 Base Year. Rent Is Below Market Rate Due To A $200, 000 Renovation Investment By The Restaurant Owner In 2021. Lease Term Runs Through 2029. 1-bedroom Apartment: $1, 500/month 2-bedroom Apartment: $2, 500/month Additional Notes: All Units Have Separate Utility Meters. Tenants Are Responsible For Their Own Heating And Electricity.