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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

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!

Listed by Shuai Zheng

·

Realmart Realty LLC

·

888-362-6543

Last updated August 04, 2025

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Source: OneKey #863825

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Side
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu112
  • 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

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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.