291-303 Route 59
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291-303 Route 59
9,960 SF 100% Leased Retail Building West Nyack, NY 10994 $3,300,000 ($331/SF) 7% Cap Rate
Executive Summary
Prime Stand-Alone Retail Strip Center. Excellent location on one of the busiest traveled roadways in Rockland County. Well established
businesses; neighborhood shopping center where all spaces are now fully leased that will provide new owner with an excellent long-term
investment. Potential to increase CAP and cash flow.
businesses; neighborhood shopping center where all spaces are now fully leased that will provide new owner with an excellent long-term
investment. Potential to increase CAP and cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,960 SF
Building Class
C
Year Built
1984
Price
$3,300,000
Price Per SF
$331
Cap Rate
7%
NOI
$231,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Land Acres
1.00 AC
Zoning
RS - RS Zoning: Allowable uses include, but are not limited to:
Retail drug, dry goods & variety, food, hardware, stationery and tobacco stores; newsstand
Parking
25 Spaces (2.51 Spaces per 1,000 SF Leased)
Frontage
246 FT on Rt-59 Expy
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,704 SF
- Retail
- In-Line
- 30 Days
Space | Size | Space Use | Position | Available |
1st Floor | 1,704 SF | Retail | In-Line | 30 Days |
1st Floor
Size |
1,704 SF |
Space Use |
Retail |
Position |
In-Line |
Available |
30 Days |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 392089-065-006-0001-062-000-0000 | Improvements Assessment | $281,400 |
Land Assessment | $150,000 | Total Assessment | $431,400 |
PROPERTY TAXES
Parcel Number
392089-065-006-0001-062-000-0000
Land Assessment
$150,000
Improvements Assessment
$281,400
Total Assessment
$431,400
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291-303 Route 59
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