542 Main Street, New Rochelle, NY 10801 Property Information
542 Main Street, New Rochelle, NY 10801 Property Information
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Address
| Primary address | 542 Main Street, New Rochelle |
| Zip code | 10801 |
| County | Westchester |
| Municipality | New Rochelle |
| Neighborhood | Residence Park |
| Parcel ID | 0.2-413-0.19 |
Sales & Tax Overview for 542 Main Street, New Rochelle
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/25/1998 |
| Sale price | $540,000 |
| Arm's length | Register |
| Current property tax | $55,432 |
Lot & Building Information for 542 Main Street, New Rochelle
| Building sqft | 20,500 |
| Building class | Bank Complex with Office Building (463) |
| Acreage | 0.19 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 542 Main Street, New Rochelle
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 542 Main Street, New Rochelle , including their type, square footage, grade and when they were built.
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About 542 Main Street, New Rochelle
This Bank Complex with Office Building (463) located at 542 Main Street, New Rochelle, NY 10801 has a total of 20,500 square feet and a current price per square foot of $26.
What is the market value of 542 Main Street, New Rochelle, NY 10801?The current market value is $2,060,622.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease. There are 3 active listings at this address.
Ownership Information
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Spaces for Lease in 542 Main Street, New Rochelle
| Listing type | For Lease |
|---|---|
| Listing date | 03/04/2024 |
| Last updated | 01/23/2025 |
| Lot size | 0.19 Acre |
Downtown New Rochelle Office Building.The Stone Commercial Team at Houlihan Lawrence is pleased to present an exceptional opportunity for investors and business owners seeking a prime commercial property in the heart of New Rochelle, NY. Located at 542 Main Street, this impressive building offers an ideal location and a multitude of possibilities. With its strategic position, versatile space, and development opportunities, this property is sure to capture the attention of discerning buyers. Key Features: Prime Location: Situated on Main Street, one of New Rochelle's most vibrant and sought-after commercial areas, this property benefits from high visibility and heavy foot traffic. It enjoys excellent connectivity to major transportation routes and is easily accessible for both customers and employees. Versatile Space: Spanning over 22,000 square feet + 8,000 square foot basement, the building provides abundant space suitable for a wide range of businesses. Whether you're considering a retail store, restaurant, office space, this property offers the flexibility to accommodate requirements. Development Opportunities: The property presents an exciting array of development opportunities. With the changing dynamics of the New Rochelle landscape, the property is located in the DO-2 overlay zone, allowing the conversion to a multitude of uses including residential housing, artist live/work lofts, or hotel. Thriving Business Environment: New Rochelle has established itself as a bustling commercial hub, attracting a diverse range of businesses. The area benefits from a strong local economy, a supportive business community, and a growing population, providing a solid customer base for any business venture. Disclaimer: All information provided is deemed reliable but not guaranteed and should be independently verified.22,884 SF office building in downtown New Rochelle.
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 4th Floor Office | General Office | $21/Sqft/Year | 4,200 | Jared Stone |
| Ground Floor Retail | Street Retail | $23/Sqft/Year | 7,284 | Jared Stone |
Spaces for Sale in 542 Main Street, New Rochelle
| Listing type | For Sale |
|---|---|
| Listing date | 07/26/2023 |
| Last updated | 01/23/2025 |
| Lot size | 0.19 Acre |
Downtown New Rochelle Office Building.The Stone Commercial Team at Houlihan Lawrence is pleased to present an exceptional opportunity for investors and business owners seeking a prime commercial property in the heart of New Rochelle, NY. Located at 542 Main Street, this impressive building offers an ideal location and a multitude of possibilities. With its strategic position, versatile space, and development opportunities, this property is sure to capture the attention of discerning buyers. Key Features: Prime Location: Situated on Main Street, one of New Rochelle's most vibrant and sought-after commercial areas, this property benefits from high visibility and heavy foot traffic. It enjoys excellent connectivity to major transportation routes and is easily accessible for both customers and employees. Versatile Space: Spanning over 22,000 square feet + 8,000 square foot basement, the building provides abundant space suitable for a wide range of businesses. Whether you're considering a retail store, restaurant, office space, this property offers the flexibility to accommodate requirements. Development Opportunities: The property presents an exciting array of development opportunities. With the changing dynamics of the New Rochelle landscape, the property is located in the DO-2 overlay zone, allowing the conversion to a multitude of uses including residential housing, artist live/work lofts, or hotel. Thriving Business Environment: New Rochelle has established itself as a bustling commercial hub, attracting a diverse range of businesses. The area benefits from a strong local economy, a supportive business community, and a growing population, providing a solid customer base for any business venture. Disclaimer: All information provided is deemed reliable but not guaranteed and should be independently verified.22,884 SF office building in downtown New Rochelle.
Brokers
Past Sales & Property History for 542 Main Street, New Rochelle
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Title Documents for 542 Main Street, New Rochelle
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R: Recorded date
D: Document date
Property Taxes for 542 Main Street, New Rochelle
Access detailed property tax data for 542 Main Street, New Rochelle, NY 10801. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year | 2025 |
| Base tax | $51,971 |
| Current property tax | $55,432 |
| Market value | $2,060,622 |
| Assessed value | $39,770 |
Assessment History for 542 Main Street, New Rochelle
Here's the assessment & property tax history for 542 Main Street, New Rochelle, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $2,060,622 | $39,770 | 1306.795 | $51,971 | +13.50% |
| 2024 | $2,060,622 | $39,770 | 1151.4 | $45,791 | -23.68% |
| 2023 | $2,515,464 | $48,800 | 1229.448 | $59,997 | +0.45% |
| 2022 | $2,238,532 | $48,800 | 1223.965 | $59,729 | +0.26% |
| 2021 | $2,085,470 | $48,800 | 1220.743 | $59,572 | +2.67% |
New Rochelle residential market stats
Access a detailed real estate market overview of New Rochelle so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in New Rochelle and compare it to other neighborhoods in Westchester County.
Check out recently sold homes in New-Rochelle and see how their prices compare.
Demographics by Zip Code
| Total population | 42,754 |
| Median age | 38.8 |
| Average household income | $131,024 |
| Family households | 55.6% |
| Occupied housing units | 16,497 |
| Owner occupied units | 41.1% |
| Average number of people per household | 2.43 |
| Median year structure built | 1957 |
| Median value for units with a mortgage | $591,300 |
| Median value for units without a mortgage | $547,300 |
Risk
Create a free account to unlock extended information for 542 Main Street, New Rochelle, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
Transportation
Access the detailed traffic volume map for 542 Main Street, New Rochelle to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Neighbors for 542 Main Street, New Rochelle
Here are the neighbors for 542 Main Street, New Rochelle.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 43 Shadow Ln, New Rochelle | 2,129 | 06/21/2023 | $920,088 |
| 6 Winfield Pl, New Rochelle | 2,098 | 05/13/2022 | $735,500 |
| 2333 Palmer Ave, New Rochelle | |||
| 70 Belmont Ave, New Rochelle | 1,534 | 03/20/2015 | $685,000 |
| 2291 Palmer Ave, New Rochelle | 02/27/2003 | ||
| 37 Spencer Dr, New Rochelle | 1,968 | 11/09/2020 | |
| 85 Spencer Dr, New Rochelle | 1,468 | ||
| 560 Main St, New Rochelle | 04/25/2002 | ||
| 73 Church St, New Rochelle | 2,272 | 09/05/2014 | |
| 538 Main St, New Rochelle | 15,000 | ||
| 552 Main St, New Rochelle | 5,000 | 06/13/2002 | $350,000 |
| 536 Main St, New Rochelle | |||
| 17 S Division St, New Rochelle | 8,456 | 08/19/2015 | $680,000 |
| 29 Spencer Dr, New Rochelle | 2,336 | 10/30/2023 | $785,000 |
| 330 Huguenot St, New Rochelle | |||
| 550 Main St, New Rochelle | 5,000 | 02/15/2014 | |
| 74 Belmont Ave, New Rochelle | 1,492 | 10/31/2006 | |
| 89 Spencer Dr, New Rochelle | 1,524 | ||
| 13 S Division St, Peekskill | |||
| 75 Church St, New Rochelle | 3,992 | 06/10/2021 |