NEW ROCHELLE, NY (October 9, 2025) — A 22,000-square-foot commercial property at 8 Industrial Lane in New Rochelle, previously occupied by a Harley-Davidson dealership, is now for sale, according to a memorandum from Choyce Peterson, Inc. The property, available for the first time in 20 years, is located between Home Depot and Costco, three miles from New York City’s northern edge.
The 1.72-acre site, built in 1954, features a single-story brick and masonry building with 55 parking spaces, three on-grade doors, one loading dock, a flat roof, gas heating, and central air conditioning. Its location, 0.4 miles from I-95 and 0.2 miles from Route 1, provides direct access to Weyman Avenue and Industrial Lane.
New Rochelle, with a 2025 population of 86,108, is Westchester County’s fastest-growing city, up 1.39% since 2020, per worldpopulationreview.com. The city is seeing over $4 billion in downtown redevelopment, including 1,800 new residential units since 2023 and another 1,800 planned, such as The Leaf (477 units, March 2025) and The Alary (315 units, expected September 2025).
Financial data from Choyce Peterson indicates potential savings for buyers. A business owner purchasing and occupying part of the property could save over $130,000 annually compared to renting 22,000 square feet at $28 per square foot. Annual net operating expenses are estimated at $158,000, or $7.18 per square foot, with $36,000 in solar panel income from a 2018/2019 installation.
The area within a two-mile radius has an average household income of $124,024 and over 6,800 households earning above $150,000. Nearby landmarks include Lower Harbor, Pelham Country Club, Costco, I-95, D’Onofrio Park, LA Fitness, and The Home Depot.
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This article was drafted with the aid of Grok, an AI tool by xAI, under the direction and editing of Robert Cox to ensure accuracy and adherence to journalistic standards.