Retrofit Atlas

Buy New Rochelle Mall

New Rochelle, NY · Demolished · readiness 5 points (location sheet). A deal kit from the public record: what is on file, what is missing, and a form for every step. It is one of the sixty closed or demolished US malls on the Buy desk.

Research only. Every figure carries its source on the record page; nothing here is a valuation, a recommendation or legal advice. Retrofit Atlas is not a brokerage, takes no fee on any sale and represents neither side.
  1. Site visit
  2. Owner
  3. Massing
  4. Business plan
  5. Financing
  6. Architects and developers
  7. Offer

At a glance

StatusDemolished · closed 1995
AddressNew Rochelle, NY
Siteacres not on file · 338,000 sq ft GLA
Owner of recordnot on file; see step 2
Flood zoneX
Opportunity Zoneno
RecordNew Rochelle Mall on Retrofit Atlas · JSON · API

1. Site visit

Before you go: the record page has the photos and sources; satellite and Street View show access, the ring road, the anchor boxes and what the neighbors have become. Then ask the owner for a walk-through, or plan a self-guided drive.

Satellite Street View Sources on the record

What to look at on site
  • Access: every curb cut and signal, the ring road, service lanes, who controls the outparcels.
  • Structure: anchor boxes (clear height, column grid, roof age), the mall spine, parking decks and their condition.
  • Utilities and drainage: detention ponds, transformer yards, sewer capacity signs, stormwater outfalls.
  • Neighbors: what the adjacent centres, apartments and offices have become since closure; who is building.
  • Signs of the owner: security, leasing signs, special-servicer notices, demolition permits posted.

We may forward the request once to a published business address after a person reads it. We do not act for you or negotiate. No fee. Opens your mail app with the text prefilled; nothing is stored here.

2. Owner

No owner of record on file. The county assessor publishes it for most US parcels; we look it up and write once to the business address, or you can on the county site.

Ask for an introduction to the owner Own or represent this site? Claim it

We write to an owner of record or a strongly matched filer at a published business address, with your name and request, and tell you only if they agree. Not a brokerage; no fee; each note is read by a person before it goes.

3. What could be built (massing)

No massing study on file for this site. What one needs, in order: the parcel polygons (county GIS), the zoning district and its FAR, height, coverage and density rules (the municipal code), then a by-right and an upzone scenario. We have the engine (built for DeKalb County, Georgia) and extend it one county at a time on request.

We encode the zoning rules for the county, run by-right and upzone scenarios and publish them on the record with their code sections. Research only, not a design. Opens your mail app with the text prefilled; nothing is stored here.

4. Business plan skeleton

A one-page skeleton with the sourced numbers filled and the assumptions left blank. Copy it into your own document.

BUSINESS PLAN SKELETON: New Rochelle Mall, New Rochelle, NY
Drafted 2026-10-21 from the Retrofit Atlas record m-bae12c6662 (https://retrofitatlas.org/malls/ny/new-rochelle-new-rochelle-mall/). Every number below carries its source on that page; lines marked [assumption] are yours to fill.

1. The site
   Demolished, closed 1995, opened 1968.
   Acres: [not on file], 338,000 sq ft GLA.
   Owner of record: [not on file].
   Assessed value: [not on file]; annual tax: [not on file].
   Last recorded sale: [none on file].

2. Market (location sheet)
   Tract 36119006000: population 4,433
   Median household income $96,955 (+37% 2013 to 2023)
   Median gross rent $2,260/mo; renter share 77%
   County typical home value $877,732 (+31% 5 yr); typical rent $3,097/mo.
   Units permitted in 5+ unit buildings, county, 2024: 1,306.
   Walkability 17 of 20; jobs within 45 min by car 379,386.

3. Program [assumption]
   Use mix: [e.g. 400 homes, 40,000 sq ft retail, 1 anchor box reused for a clinic]
   Phasing: [e.g. demolish the spine, keep two anchors, build the street grid first]
   Multifamily screen, points for and against: retrofit already built; closed or demolished site (sourced); median rent $1,876

4. Entitlement
   Zoning on parcel: [not on file].
   Public tool on record: [none on file].
   Zoning change on record: [none on file].
   Opportunity Zone: no; LIHTC units within 1 km: 410.

5. Risk
   Flood zone: X; composite hazard risk, tract: Very Low.
   Debt on record: [none on file].
   Environmental, structural, title: [Phase I, survey and title commitment to be ordered in due diligence]

6. Precedent (built retrofits in this database)
   Albee Square Mall, Brooklyn, NY: Redeveloped (2012) https://retrofitatlas.org/malls/ny/brooklyn-albee-square-mall/
   Amsterdam Riverfront Center, Amsterdam, NY: Reinhabited (2011) https://retrofitatlas.org/malls/ny/amsterdam-amsterdam-riverfront-center/
   Como Mall, Cheektowaga, NY: Reinhabited (1991) https://retrofitatlas.org/malls/ny/cheektowaga-como-mall/
   Driver's Village, Cicero, NY: entertainment, office, other, retail (2000) https://retrofitatlas.org/malls/ny/cicero-driver-s-village/
   Acadiana Mall (former Selber Bros. site), Lafayette, LA: retail (1991) https://retrofitatlas.org/malls/la/lafayette-acadiana-mall-former-selber-bros-site/

7. Capital [assumption]
   Land: [offer price]; hard and soft costs: [per unit or per sq ft]; sources: [senior debt, equity, public incentives]; exit or hold: [ ]
   Reported mall sales in this database (public reporting, not appraisals): The Marketplace Mall, NY 2023 $240.0M; Boulevard Mall, NY 2021 $30.0M ($476,190/ac); Exton Square Mall, PA 2025 $34.2M ($456,667/ac); Neshaminy Mall, PA 2024 $27.5M ($254,630/ac); Burlington Center, NJ 2019 $22.0M.
   What this database does not have: appraisal-grade comps, rent roll, foot traffic, construction costs. Order them.

8. Team [assumption]
   Developer, architect, civil, counsel, lender: see section 6 of this kit for names with precedent.

We check the sourced lines, add precedents and the public incentives on record, and send it back as a document. Facts only; no projections. Opens your mail app with the text prefilled; nothing is stored here.

5. Financing

What the record says about who has financed or held this site, and who finances retrofits elsewhere in the database. Introductions go through the desk; we name no lender to you that is not already on the public record.

Opportunity Zoneno
Lenders most often named across the databaseCOMM 2012-LTRT trust (3), JPMDB 2016-C4 trust (2), U.S. Bank (2), BB-UBS Trust 2012-TFT (2), Banco de San Juan and First Federal Savings (1), Assured Lender Services, Inc. (1)

We may forward the request once to a published business address after a person reads it. We do not act for you or negotiate. No fee, no advice on terms. Opens your mail app with the text prefilled; nothing is stored here.

6. Architects and developers with precedent

Developers with built retrofits in New York
  1. Rose Associates1built
  2. MetroLoft and David Werner Real Estate Investments1built
  3. Deco Towers1built
  4. Rockrose Development1built
  5. The Club at Briarcliff Manor1built
Across the database
  1. Liberty Property Trust3built
  2. Hull Property Group2built
  3. BMW2built
  4. The Alexander Company2built
  5. Tom Cousins2built
Architects with built retrofits in the state
  1. None on file for this site; the desk looks on request.
Across the database
  1. None on file for this site; the desk looks on request.

Precedent, not a recommendation: these firms are named on built retrofits in this database. The correction form takes additions, with a source.

We may forward the request once to a published business address after a person reads it. We do not act for you or negotiate. No fee either way. Opens your mail app with the text prefilled; nothing is stored here.

7. Offer letter

What malls have sold for, from the deal rows in this database since 2015 (public reporting, not appraisals; same state first, then the same Census division). Prices are as reported; an asterisk marks dollars per acre computed from the price and the acreage on file.

WhenMallPriceAcres$/acreBuyerSource
2023The Marketplace Mall Henrietta, NY$240.0MUR MedicineWikipedia
2021Boulevard Mall Erie County, NY$30.0M63$476,190*Douglas JemalWikipedia
2025-03Exton Square Mall Exton, PA$34.2M75$456,667Abrams Realty & DevelopmentPremier Philadelphia-area retail center trades hands in $34M sale
2024-07Neshaminy Mall Bensalem Township, PA$27.5M108$254,630Paramount Realty / Edgewood PropertiesNeshaminy Mall has sold for $27.5 million
2019Burlington Center Burlington Township, NJ$22.0MClarion PartnersWikipedia
2017Schuylkill Mall Frackville, PA$2.1MNorthpoint Development LLCWikipedia
2015Echelon Mall Voorhees, NJ$13.4M200$67,000*Namdar Realty GroupWikipedia
2026-10Southridge Mall Greendale, WI$7.0M14.8$472,973*Southridge Mall Member LLC (Spinoso / Wynkoop Financial JV)After Southridge Mall sale, demolition soon for Boston Store

Every reported sale with a price: deals and debt. These are whole-property sales of malls in varied condition; they are context for an offer, not a valuation.

This is a starting draft, not legal, tax or brokerage advice. A lawyer licensed in the property's state must review it before you send or sign it. This tool fills a generic template from what you type; Retrofit Atlas does not review the letter, send it, negotiate, or act for either side, and is not a party. The confidentiality, exclusivity, acceptance and costs paragraphs are written as binding; how states enforce them differs, and a signed letter can trigger a duty to negotiate in good faith in some states. Property facts and the seller name come from the Atlas record, which can be out of date or wrong: check them against the title commitment, survey and county records, and check whether the property is held by a receiver or trustee; if the owner is in default, the lender must consent to any sale, so do not send this letter to a loan servicer.

Fill the terms; the letter updates as you type. Print it or copy it. Nothing you type is sent to us by the form. If you allowed analytics, session recording with text masking is active on this site and we cannot promise it never captures what is on this page: decline it under Privacy choices in the footer before you enter real prices or names.

The desk button opens an email from your own mail app to desk@retrofitatlas.org. It contains only the record id and the property facts shown (acreage, floor area, parcel numbers), so the desk will know which property you asked about and will see your email address; it does not include your price, terms or the seller's name. The desk checks the record against public county data and replies; it does not verify title, survey or law, and keeps the message only to answer it. The desk does not use your message to pursue the property and shares it with no one. Retrofit Atlas does not act as a broker: it does not negotiate for or represent either side, does not forward offers, and takes no fee on any sale.

Or start the whole file at once

Help with

The button opens your mail app with the file addressed to desk@retrofitatlas.org; nothing is stored on this site. A person (Hadi Irvani) reads it and replies within five working days. No fee, no representation, no price advice.