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21 Drake AvenueNew Rochelle, NY 10805

For Sale

$739,000

Smart Buyer Rebate $5,975

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

A rare opportunity to own a versatile and income-producing property in one of Westchester’s most desirable commuter-friendly neighborhoods!

Listed by Shuai Zheng

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Realmart Realty LLC

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888-362-6543

Last updated October 10, 2025

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Source: OneKey #863825

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Side
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu208
  • Taxes$8,259.22/year

Location

Mortgage Calculator

Listing History

08/04/2025
Price Decreased
$739,000
05/17/2025
Listed by Realmart Realty LLC
$769,000

Property Details for 21 Drake Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Window Features: Aluminum Frames, Blinds
  • Year Built: 1905
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,675
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Square Feet: 2,614

Financial

Taxes

  • Parcel Number: 1000-000-002-00514-000-0177
  • Tax Annual Amount: $8,259.22
  • Tax Assessed Value: $5,500.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Laminate
  • Interior Features: First Floor Full Bath

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4

Parking

Parking

  • Parking Features: On Street

Schools

Elementary School

  • Elementary School District: New Rochelle

High School

  • High School: New Rochelle High School
  • High School District: New Rochelle

Middle or Junior School

  • Middle Or Junior School District: New Rochelle

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 2 bathrooms in this multi-family home at 21 Drake Avenue.

What schools are nearby to 21 Drake Avenue?

Nearby schools include the New Rochelle High School.

What are the annual taxes for 21 Drake Avenue?

Annual taxes for this multi-family home are estimated at $8,259.

How does 21 Drake Avenue compare to other multi-family homes in South Side?

This multi-family home is listed 43% below the average price for multi-family homes in South Side and has been on the market for 137 more days than the typical home in this area.

21 Drake Avenue is a 4-bedroom, 2-bath multi-family home for sale in New Rochelle NY 10805. Listed on Prevu for 208 days at $739,000. This includes a recent price decrease of $30,000. This home is located in South Side. The median listing price for multi-family homes in this area is $499,000. Nearby schools include New Rochelle High School. Explore more multi-family home listings in New Rochelle.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.