OUTSTANDING TURNKEY INVESTMENT OPPORTUNITY! This beautifully updated two-family home is being offered fully occupied with established, market-value tenants in place and strong payment histories, providing immediate rental income from day one. Both apartments are sun-drenched and beautifully maintained, featuring hardwood floors, high ceilings, and updated kitchens and baths. The first-floor unit offers one bedroom, an oversized open-concept living room/dining room, kitchen with quartz counters, stainless appliances and tiled backsplash, plus direct interior access to the basement. The spacious upstairs duplex unit features three bedrooms, two full baths, an open-concept living room/dining area, updated kitchen with stainless appliances and tiled backsplash, primary bedroom with walk-in closet, oversized third bedroom and bonus den/office. Each unit enjoys its own laundry, basement storage and access to shared outdoor space. Recent improvements include central air conditioning and heat-pump heating for both units, a newer roof and separated utilities, with tenants now responsible for their respective unit electric and/or gas usage, significantly reducing owner-paid utility expenses. All of this with easy access to EVERYTHING… Metro-North, major highways, New Rochelle's waterfront, parks, shopping, fine dining and cultural attractions. A BEAUTIFULLY RENOVATED, FULLY OCCUPIED, INCOME-PRODUCING PROPERTY WITH ESTABLISHED TENANTS AND RENTAL INCOME IN PLACE FROM DAY ONE — A TRULY EXCEPTIONAL INVESTMENT OPPORTUNITY!
Multi-familyProperty Type
1905Year Built
2,614 sq ftLot Size
$381Price/Sq.Ft.
Listing by Michael Tarallo• Giner Real Estate Inc.
Franklin Avenue, located between North Avenue and Main Street, is a residential and commercial New Rochelle neighborhood with prewar brick walk-ups and a commuter-leaning street grid. The neighborhood’s character concentrates around the North Avenue and Franklin Avenue junction, where corner delis, small salons, and takeout counters keep the sidewalks in motion. Architectural notes run from early-20th-century apartment buildings to compact multifamily homes with stoops and small front yards. New Rochelle Public Library anchors a quieter cultural rhythm a few blocks away. New Roc City adds bowling, movies, and late-day foot traffic near the downtown edge. Metro-North at New Rochelle station shapes daily pacing with trains and buses threading through nearby streets.
Provided by Walk Score and Local Logic
Offer insights
1 Bayview Ave · $925,000
$1.01M and above
75% chance or better to win
Why $1.01M+ is a strong offer
DAYS ON MARKET
9 days
The average home goes pending in 34 days.
SALE-TO-LIST
102.2%
Most homes are selling 2% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Entrance foyer
Double pane windows
Porch
Bedrooms
One 1-bedroom unit
One 3-bedroom unit
Bathrooms
Three full bathrooms
Laundry & utility
Common area laundry
Flooring
Hardwood floors
Heating & cooling
Central air conditioning
Electric heating
Heat pump
Exterior features
Courtyard
Fenced yard
Corner lot
Level terrain
Near public transit
Near shops
Near schools
Home design
Duplex
Updated/remodeled condition
Actual condition noted
Parking
On-street parking
Construction
Frame construction with wood siding
Stone foundation
Utilities
Con-Edison electric service
Natural gas connected
Water connected
Public sewer
Sewer connected
Trash collection (public)
Cable connected
Electricity connected
Electricity and solar
View estimated energy costs and solar savings for this home
Accepted Offer---Nothing to Do! Move Right in- start on your way to building wealth as tenant helps pay mortgage. Beautiful two-family home with large front porch near New Rochelle's waterfront, downtown, and parks. Spacious 1 bedroom unit on first floor with access to backyard and basement with gorgeous new kitchen and marble-tiled bathroom. Second and third floor offer a sunny 3 bedroom unit with hardwood floors, exposed brick, and stainless steel appliances. Tons of original character, but modernized and bright. If you purchase for personal use, your tenant helps pay your mortgage. Impressive list of improvements and updates done in the last 3 years, including newly installed roof, windows, appliances, floors, hot water heater, exterior and interior painting and fencing. New Washer/Dryer area in basement! Additional Information: HeatingFuel:Oil Above Ground,
OneKey® MLS as Distributed by MLS Grid #H4751151
Apr 18, 2018
Sold
$525,000
$216/sq ft
Jan 25, 2018
Contingent
—
Dec 4, 2017
Listed
$599,000
$247/sq ft
RARE Investor/Builder opportunity. TWO Separate houses, TWO separate TAX ID's. Must be sold together! Sold "AS IS". Right in the Heart of the Queen City of Water in the vibrant downtown area of New Rochelle. Beautiful tree lined street within walking distance to the train station, restaurants, shops, beaches, Marina and New Roc City. 18 Miles to NYC! Tenant notice required. The taxes are combined for both houses. Front is taxed at $10,552 and the back house is taxed $11,835 without STAR Exemption which is $1,727 per house. Large storage garage accessible by walkway is included. All offers must be in writing with pre approval or proof of funds! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
Public Records
Jul 12, 2017
Sold
$399,000
$164/sq ft
HGMLS #4546950
Nov 16, 2016
Delisted
—
Jun 30, 2016
Price Changed
*
Mar 28, 2016
Price Changed
*
Jan 26, 2016
Price Changed
*
Oct 22, 2015
Listed
*
OneKey® MLS as Distributed by MLS Grid #H4546950
Nov 16, 2016
Listing Removed
—
Oct 22, 2015
Listed
$429,000
$177/sq ft
Public Records
Jun 21, 1985
Sold
$135,000
$56/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$18,018 (+32.7%)
$1,400 + $10,800
$12,200
2025
$13,575 (−21.2%)
$1,400 + $10,800
$12,200
2024
$17,231 (+3.8%)
$1,400 + $10,800
$12,200
2023
$16,597 (+3.5%)
$1,400 + $10,800
$12,200
2022
$16,042 (+6.3%)
$1,400 + $10,800
$12,200
2021
$15,094 (+19.9%)
$1,400 + $9,800
$11,200
2020
$12,591 (−12.9%)
$1,400 + $9,800
$11,200
2019
$14,450
$1,400 + $9,800
$11,200
2018
$1,400 + $9,800
$11,200
2017
$1,400 + $9,800
$11,200
2016
$1,400 + $9,800
$11,200
2014
$1,400 + $9,800
$11,200
2013
$1,400 + $9,800
$11,200
2012
$1,400 + $9,800
$11,200
2011
$1,400 + $9,800
$11,200
2010
$1,400 + $9,800
$11,200
2009
$1,400 + $9,800
$11,200
2008
$1,400 + $9,800
$11,200
Public record
Beds
4
Baths
3
Stories
—
Lot width
27 ft.
Lot depth
100 ft.
Lot size
2,881 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,461
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,461
Year built
1905
Style
Multi-Family (2-4 Unit)
County
Westchester County
APN
551000A0000010204000050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
New Rochelle, NY • 10801
Average low and high temperatures (°F)
36
24
38
26
53
37
62
45
69
54
81
65
86
71
80
64
75
62
66
52
55
42
41
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1 Bayview Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $770,000 and $955,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $770K to $955K.