42 Burd StNyack, NY 10960

For Sale
$1,150,000
Four-unit apartment building, prime Nyack location.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional redevelopment opportunity presents a fully approved project at 42 Burd St, Nyack, NY 10960. The property consists of a vacant, 2,600 square foot, two-story building, ready for conversion into a modern four-unit apartment complex. Detailed architectural and engineering plans are complete, and building permits are in hand, making this a truly shovel-ready project. The development will feature four one-bedroom units, each approximately 650 square feet, boasting spacious living areas, kitchens, full bathrooms, laundry closets, and private walk-out covered balconies offering stunning Hudson River and Tappan Zee Bridge views. Six parking spaces are available for residents and guests. Located just one block from downtown Nyack and the Hudson River, this property offers unparalleled convenience and scenic beauty. The 0.08-acre lot is zoned DMU-2. This investment presents a strong opportunity for long-term income generation in a thriving municipality with high demand for quality rental housing. The asking price is $1,150,000, representing a price per unit of $287,500 and a price per square foot of $442.31. Nyack's vibrant downtown, rich history, and proximity to the Hudson River ensure a steady stream of potential tenants. This is a truly unique opportunity to capitalize on the strong rental market in this desirable location.

Highlights

  • $1,150,000 asking price for a fully approved residential redevelopment project.
  • Four (4) one-bedroom units, each approximately 650 square feet.
  • Located in Nyack, NY, one block from downtown and the Hudson River.
  • Includes approved plans, completed architectural and engineering work, and building permits.
  • Six (6) parking spaces.

Property Details for 42 Burd St

Property type
Apartment buildings
Square Feet
2,600 SF
Class
A
Buildings
1
Stories
2
Lot Size (sq. ft)
3,485 SF
Units
4

Location Insight

City
Nyack
County
Rockland
State
New York
Latitude
41.090159376393
Longitude
-73.916959573794
42 Burd St, Nyack, New York

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, prime Nyack location.
Where is the apartment building located?
The property is located at 42 Burd St Nyack, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: $1,150,000 asking price for a fully approved residential redevelopment project.; Four (4) one-bedroom units, each approximately 650 square feet.; Located in Nyack, NY, one block from downtown and the Hudson River.
How can I contact the broker?
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42 Burd St
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