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$1,150,000
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Property Description
A versatile property currently leased to Iona University tenants. The home features a separate two-car garage rented on a month-to-month basis, offering additional income potential. Bonus features include coin-operated laundry machines included in the sale, adding further revenue opportunity. Whether you're looking to invest or live in a prime location close to campus, shopping, and transportation-this property is a smart move.
Full Property Details
Full Property Details for 308 5th Ave
General
- Price: $1,150,000
- Taxes: $20,172
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 894844
- Updated: 1/1/2026
- Added to Site: 170 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Built-in Features, Chefs Kitchen, Crown Molding, Eat-in Kitchen, Entrance Foyer, Formal Dining, High Ceilings, In-Law Floorplan
- Laundry Facilities: Yes
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
Location
- County: Westchester County
School Information
- High School District: New Rochelle
- Elementary School: Jefferson
- Middle School: Albert Leonard Middle School
- High School: New Rochelle High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Oil
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full Basement, Unfinished
- Building Size: 3600
- Square Feet: 3,600
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
Financial Considerations
- Tax Amount: $20,172.89
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: None
- Property ID: 1000-000-003-00973-000-0048
Listed by Compass Greater NY, LLC
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Schools
Schools serving 308 5th Ave
School District:New Rochelle City School District
| Name | Grades | Distance |
|---|---|---|
Albert Leonard Middle School 25 Gerada Lane, New Rochelle, NY 10804 | 6-8 | 1.4 mi |
Isaac E Young Middle School 270 Centre Avenue, New Rochelle, NY 10805 | 6-8 | 1.7 mi |
New Rochelle High School 265 Clove Rd, New Rochelle, NY 10801 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 308 5th Ave
Date
Details
Price
Change
Source
8/22/2025
Price Reduced
$1,150,000
-4.17%
MLS
7/30/2025
Listed
$1,200,000
39.53%
MLS
6/30/2023
Sold
$860,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 308 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$13,750
—
2020
-100%
$13,750
—
2020
$16,492
16%
$13,750
—
2018
$14,223
-24%
$13,750
—
2017
$18,765
1%
$13,750
—
2017
$18,552
17%
$13,750
—
2016
$15,852
-2%
$13,750
—
2015
$16,098
8%
$13,750
—
2013
$14,857
—
$13,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 308 5th Ave
308 5th Avenue, New Rochelle, NY 10801 (MLS# 894844) is a Multi-Family property with 2 units containing 8 bedrooms and 4 full bathrooms. 308 5th Avenue is currently listed for $1,150,000 and was received on July 30, 2025. Want to learn more about 308 5th Avenue? Do you have questions about finding other Multi-Family real estate for sale in New Rochelle? You can browse all New Rochelle real estate or contact a Coldwell Banker agent to request more information.
