For Sale
$3,500,000

70 BroadwayNyack, NY 10960

Eleven apartments, prime Broadway location.

Overview

Added:
Feb 3
Days on market:
70
This exceptional investment property presents a rare opportunity to acquire a substantial multi-family portfolio in the vibrant town of Nyack, NY. Located at 70 S Broadway, this offering encompasses 5,125 square feet of space distributed across four buildings situated on two tax lots within a single 0.07-acre parcel. The property's centerpiece is arguably the largest and most impressive two-level storefront on Broadway, offering significant potential for retail or commercial ventures. The substantial rental income is generated by eleven individual apartments, providing a stable and potentially lucrative cash flow. The property's long-term ownership history, with this being its first appearance on the open market in many years, speaks to its enduring value and stability. This unique combination of commercial and residential space presents a compelling investment opportunity for discerning buyers seeking a high-yield property in a desirable location. The property's size and location on a busy thoroughfare offer significant upside potential for future development or expansion. The dual tax lots provide flexibility for future planning and potential redevelopment opportunities. This is a truly unique offering, ideal for investors seeking a strong return on investment in a thriving Hudson Valley community. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property Details for 70 Broadway

Property type
Square Feet
5,125 SF
Year Built
1881
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Nyack
County
Rockland County
State
New York
Latitude
41.08823
Longitude
-73.91923
70 Broadway, Nyack, New York

FAQs

What type of property is this?
Commercial real estate - Eleven apartments, prime Broadway location.
Where is the commercial real estate located?
The property is located at 70 Broadway Nyack, NY.
What is the asking price?
The asking price for this property is $3,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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70 Broadway
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